Barbados

We forecast Barbados real GDP will grow by 0.6% in 2013 after posting zero real growth in 2012. The Barbadian economy has remained sluggish since the 2008-2009 financial crisis, as... 2013-05-06

Barbadian Finance and Economic Affairs Minister Christopher Sinckler said that the government would consider public sector layoffs only as a last resort at a press conference in early... 2013-05-06

After widening more than forecast in the 2012/2013 fiscal year, we expect Barbados' fiscal deficit to narrow slightly to 5.9% of GDP in 2013/2014 on the back of stronger nominal growth... 2013-05-02

The Central Bank of Barbados reports that inflation in Q312 fell to 10.8% from 12.5% the previous quarter. While a large improvement in just one quarter, we expect sluggish real GDP... 2013-04-08

Barbados' recently re-elected Democratic Labour Party (DLP) government recently announced a BDS600mn stimulus package to help reduce unemployment and boost economic growth. The plan,... 2013-04-08

We estimate that Barbados' real GDP grew by just 0.6% in 2012 on the back of weak growth in both industrial production and the services sector. We see these trends continuing in 2013,... 2013-03-20

The recently re-elected Democratic Labour Party announced its new cabinet on February 28. The new leadership roster contains no major surprises, though there are changes from the prior... 2013-03-04

Barbados saw its consumer price inflation fall to 2.5% year-on-year (y-o-y) in November from 2.9% y-o-y in October, bringing average year-to-date inflation to 4.8%. We estimate that... 2013-03-04

Although the latest sovereign risk ratings data shows no change in the average overall score for Latin America since our last (October) update, we continue to see 2013 as a challenging... 2013-02-28

We have downgraded Barbados' Short-Term Political Risk Rating due to parliamentary election results that increased the likelihood of policy gridlock in the next government. While the... 2013-02-22