UK Trade & Investment

Country Profile

Barbados

Key Facts
Language English is the official language.
Local currency Local currency
Dialling code from UK 00 1 246
GDP Bds$5418.0M or US$2709.0M (2002)

Introduction

Although trade figures have fluctuated over the years bilateral trade relations remain good. Barbados was the UK's 5th largest export market in the Caribbean in 2002. However, when seen as part of the wider, fragmented 7-country East Caribbean market covered by the British High Commission in Bridgetown, it is the second largest market for British exports to the Caribbean.

Traditionally the UK has maintained close trading links with Barbados despite strong competition from the United States, Canada and Japan.

At least one UK Trade & Investment supported outward mission visits Barbados each year. A second outward mission usually visits one or two East Caribbean islands during the year.

UK/Barbados Trade

Barbados is a small market in UK terms, but it remains an important market for UK exporters in the region. In 2002, UK exports to Barbados were £39.60 million.

There are no accurate figures for the level of invisible exports (banking, insurance, consultancy, etc.), however, these services are of considerable importance to bilateral trade.

In 2002, Barbados exports to the UK amounted to £25.01 million.

Additional information

Principal Religions

The principal denominations are Anglican, Roman Catholic and Methodist.

Capital City

Bridgetown, situated in the south-west, is the capital and principal commercial centre, with a population of about 104,000.

Population

270,000 (2002)

Source: Barbados Statistical Service

Public Holidays

Public Holidays 2004
New Year's Day Thursday 1st January
Errol Barrow Day Wednesday 21st January
Good Friday Friday 9th April
Easter Monday Monday 12th April
National Heroes Day Wednesday 28th April
Labour Day Monday 3rd May
Whit Monday Monday 31st May
Kadooment Day Monday 2nd August
Emancipation Day Tuesday 3rd August
Independence Day Tuesday 30th November
Christmas Day Saturday 25th December
Boxing Day Sunday 26th December
Boxing Day (Substitute Holiday) Monday 27th December

Weights and Measures

The metric system has been adopted. Imperial weights and measures are also in common use.

This document owned by michael.johnson@uktradeinvest.gov.uk , last published 21/05/2004.


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