Economic Overview

Historically, the Barbadian economy had been dependent on sugarcane cultivation and related activities, but production in recent years has diversified into light industry and tourism. Offshore finance and information services are important foreign exchange earners. The government continues its efforts to reduce unemployment, to encourage direct foreign investment, and to privatize remaining state-owned enterprises. The economy contracted in 2002-03 mainly due to a decline in tourism. Growth was positive in 2005, as economic conditions in the US and Europe moderately improved.

ICT Statistics for Barbados

Statistical Data on Telecommunications as of April 27, 2007

Population of Barbados: 274,000

Gross Domestic Product at 2006-12-31: ($M)

  • Provisional GDP at Market prices 2006 – 6,501.1 $M

No: of Cell Phones

  • Prepaid – 205,613
  • Post Paid – 51,983
  • Total – 257,596

No: of Fixed Lines

  • Residential – 92,846
  • Business – 41,151
  • Total – 134,26

No. of Broadcast Stations

  • AM – 2
  • FM – 10
  • Total -12

No. of ISPs: 6

No. of Cyber Cafes: 26

No. of Internet users: 47,133

No. of Households with computers: 57,133

No.of Public Call Boxes: 761

No. of WiFi Hotspots: 16

No. of Dialup Internet Users: 19,084

No. of ADSL Internet Users: 28,049

No. of VSATs: 7

No. of Undersea Cable Landing sites: 2