## 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](https://www.imf.org/en/publications/cr/issues/2016/12/31/barbados-staff-report-for-the-2005-article-iv-consultation-18502)

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## Bibliographic details
- Published: August 15, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451806052.002

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### 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.*

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/barbados-staff-report-for-the-2005-article-iv-consultation-18502_