Barbados

KEY INDICATORS

  • GDP (US$ billions):4.92
  • Population:282,336
  • HDI:0.809

Gki Rank

56/141
Gki Score
49.9
World Average
47.8

Country Performance Summary

Barbados is a strong performer in terms of its knowledge infrastructure. It ranks 56th out of 141 countries in the Global Knowledge Index 2024 and 52nd out of the 59 countries with very high human development.

Areas of Strength

  • Gross attendance ratio for tertiary education, location parity
  • Transport productive capacity
  • Resident patent applications (per 100 billion GDP)
  • Investment in telecommunication services (% GDP)
  • Educational attainment rate, doctoral or equivalent

Areas of Improvement

  • Growth of innovative companies
  • Teaching staff compensation (% tertiary expenditure)
  • Chinn-Ito financial openness
  • Manufacturing employment (%)
  • Building quality control

SECTORAL INDICES

Rank
Value
Click the sectoral tab for a detailed overview.