IMF Staff Country Reports

Barbados: Selected Issues

Publication Date:

August 26, 2016

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper discusses data issues and postcrisis growth in Barbados. An analysis of the data on Barbados shows very clear inconsistencies among the various measures of economic development. Although real growth seems to have evolved broadly in line with the rest of the Caribbean, nominal growth and inflation developments suggest that Barbados was hit much harder by the global financial crisis. At the same time, these data may also be misleading. Nominal GDP seems to have inadequate coverage, and inflation is much higher in Barbados than in similar economies in the region.

Series:

Country Report No. 2016/280

Subject:

Consumer price indexes Economic sectors Financial crises Global financial crisis of 2008-2009 Inflation Prices Production Total factor productivity Tourism