Diplomatic representation from the US:
chief of mission: Ambassador Mary M. OURISMAN embassy: U.S. Embassy, Wildey Business Park, Wildey, St. Michael BB 14006 mailing address: P. O. Box 302, Bridgetown BB 11000; CMR 1014, APO AA 34055 telephone: [1] (246) 227-4399 FAX: [1] (246) 431-0179
Flag description:
three equal vertical bands of blue (hoist side), gold, and blue with the head of a black trident centered on the gold band; the trident head represents independence and a break with the past (the colonial coat of arms contained a complete trident)
Economy
Barbados
Economy - overview:
Historically, the Barbadian economy was dependent on sugarcane cultivation and related activities. However, production in recent years has diversified into light industry and tourism, with about three-quarters of GDP and 80% of exports being attributed to services. Growth has rebounded since 2003, bolstered by increases in construction projects and tourism revenues - reflecting its success in the higher-end segment. The country enjoys one of the highest per capita incomes in the region and an investment grade rating which benefits from its political stability and stable institutions. Offshore finance and information services are important foreign exchange earners and thrive from having the same time zone as eastern US financial centers and a relatively highly educated workforce. The government continues its efforts to reduce unemployment, to encourage direct foreign investment, and to privatize remaining state-owned enterprises.
GDP (purchasing power parity):
$5.31 billion (2007 est.)
GDP (official exchange rate):