Barbados: Staff Report for the 2005 Article IV Consultation
IMF Staff Country Reports, August 15, 2005
Source details
- Canonical URL
- Barbados: Staff Report for the 2005 Article IV Consultation
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Bibliographic details
- Published: August 15, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451806052.002
Key findings — macro and social indicators
- Barbados compares favorably with other Caribbean countries on economic and social indicators.
- The population is about 272,000.
- Per capita income is about US$15,700.
- Poverty rates are the lowest in the Caribbean.
Economic structure and external exposure
- The economy is heavily dependent on tourism and financial services.
- Subject areas highlighted include Balance of payments, Current account deficits, Economic sectors, External debt, Government debt management, Public debt, Public financial management (PFM), and Public sector.
Structural reforms and fiscal measures
- Structural reforms have advanced in taxation, telecommunications, and the public enterprise sector.
- Corporate and personal tax rates have been further lowered, in line with the multiyear reduction in these rates initiated in FY2002/03.
Publication metadata and scope
- Pages: 46
- Volume: 2005
- Issue: 297
- Series: Country Report No. 2005/297
- DOI: https://doi.org/10.5089/9781451806052.002
- ISBN: 9781451806052
- ISSN: 1934-7685
International Monetary Fund. Barbados: Staff Report for the 2005 Article IV Consultation. August 15, 2005.