Evaluating the market in Barbados

We can help you get a better understanding of market activity, relationships and support to grow your business.
An icon representing a measurement gauge.

Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.
 

An icon representing information passing through a magnifying glass.

Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.
 



Read the latest Government of Canada travel advisory for this market.
 

Business environment in Barbados

Barbados is a high income small economy and heavily dependent on tourism. The country benefits from a politically stable environment but the government faces a high level of public debt and potential for a run on its currency due to low foreign exchange reserves. Barbados’ business environmental is also negatively impacted by weak contract enforcement and protection of minority investors. Over time, the measures implemented by the government to reduce debt and a rebound from the COVID-19 pandemic may improve the business climate.


 

Interested in growing your business in this market?

If you’re an existing customer, please contact your EDC account manager about any additional support you need. If you’re new to EDC, please contact us weekdays between 9 a.m. and 5 p.m. ET.

1-800-229-0575

Or send us a question and we’ll get back to you as soon as possible. Send a question.

Date modified: 2018-05-14