BRB Barbados development indicators, 2022

Indicator
Barbados
Barbados
Age dependency ratio (% of working-age population) 49.7
Bank capital to assets ratio (%) 11.2
Bank nonperforming loans to total gross loans (%) 5.8
Deposit interest rate (%) 0.1
Domestic credit to private sector (% of GDP) 74.6
Fuel exports (% of merchandise exports) 9.8
GDP (current US$) 5,637,914,515
GDP growth (annual %) 10.0
GDP per capita (constant 2010 US$) 16,256
GDP per capita (current US$) 20,019
GDP per capita growth (annual %) 9.8
GDP per capita, PPP (current international $) 17,837
GNI per capita, Atlas method (current US$) 19,350
GNI per capita, PPP (current international $) 17,340
GNI, Atlas method (current US$) 5,449,102,080
GNI, PPP (current international $) 4,882,255,523
Government expenditure on education, total (% of government expenditure) 15.5
Inflation, GDP deflator (annual %) 5.8
Interest rate spread (lending rate minus deposit rate, %) 7.9
Labor force participation rate, female (% of female population ages 15+) (modeled ILO estimate) 58.0
Labor force participation rate, male (% of male population ages 15+) (modeled ILO estimate) 64.2
Labor force, female (% of total labor force) 50.1
Labor force, total 142,648
Lending interest rate (%) 8.1
Merchandise exports (current US$) 546,000,000
Merchandise imports (current US$) 2,133,000,000
Merchandise trade (% of GDP) 47.5
Official exchange rate (LCU per US$, period average) 2.0
Ores and metals exports (% of merchandise exports) 3.7
PPP conversion factor, GDP (LCU per international $) 2.2
Population ages 0-14 (% of total population) 16.9
Population ages 15-64 (% of total population) 66.8
Population ages 65 and above (% of total population) 16.3
Population growth (annual %) 0.2
Population, female (% of total population) 52.0
Population, total 281,635
Price level ratio of PPP conversion factor (GDP) to market exchange rate 1.1
Proportion of seats held by women in national parliaments (%) 26.7
Real interest rate (%) 2.1
Refugee population by country or territory of origin 231
Risk premium on lending (lending rate minus treasury bill rate, %) 7.6
Rural population 193,416
Rural population (% of total population) 68.7
Terrestrial and marine protected areas (% of total territorial area) 0.0
Total reserves (includes gold, current US$) 1,519,660,180
Unemployment, female (% of female labor force) (modeled ILO estimate) 7.3
Unemployment, male (% of male labor force) (modeled ILO estimate) 9.2
Unemployment, total (% of total labor force) (modeled ILO estimate) 8.2
Unemployment, youth female (% of female labor force ages 15-24) (modeled ILO estimate) 20.8
Unemployment, youth male (% of male labor force ages 15-24) (modeled ILO estimate) 27.7
Urban population 88,219
Urban population (% of total population) 31.3