estment as part of a policy designed to reduce nagging
unemployment. The government has also been active in promoting
regional integration initiatives.

GDP: purchasing power parity - $2.5 billion (1995 est.)

GDP real growth rate: 2% (1995 est.)

GDP per capita: $9,800 (1995 est.)

GDP composition by sector:
agriculture: 6.4%
industry: 39.3%
services: 54.3% (1994)

Inflation rate (consumer prices): 1.7% (1995 est.)

Labor force: 126,000 (1993)
by occupation: services and government 41%, commerce 15%,
manufacturing and construction 18%, transportation, storage,
communications, and financial institutions 8%, agriculture 6%,
utilities 2% (1992 est.)

Unemployment rate: 19.9% (September 1995)

Budget:
revenues: $550 million
expenditures: $710 million, including capital expenditures of $86
million (FY95/96 est.)

Industries: tourism, sugar, light manufacturing, component
assembly for export

Industrial production growth rate: 5% (1995 est.)

Electricity:
capacity: 152,100 kW
production: 510 million kWh
consumption per capita: 1,841 kWh (1993)

Agriculture: sugarcane, vegetables, cotton

Illicit drugs: one of many Caribbean transshipment points for
narcotics bound for the US and Europe

Exports: $158.6 million (f.o.b., 1995 est.)
commodities: sugar and molasses, rum, other foods and beverages,
chemicals, electrical components, clothing
partners: US 13%, UK 10%, Trinidad and Tobago 9%, Windward Islands 8%

Imports: $693 million (c.i.f., 1995 est.)
commodities: consumer goods, machinery, foodstuffs, construction
materials, chemicals, fuel, electrical components
partners: US 36%, UK 11%, Trinidad and Tobago 11%, Japan 3%

External debt: $408 million (1995 est.)

Economic aid: $NA

Currency: 1 Barbadian dollar (Bds$) = 100 cents

Exchange rates: Barbadian dollars (Bds$) per US$1 - 2.0113 (fixed
rate)

Fiscal year: 1 April - 31 March

Transportation
--------------

Railways: 0 km

Highways:
total: 1,550 km
paved: 1,550 km

Ports: Bridgetown

Merchant marine:
total: 34 ships (1,000 GRT or over) totaling 183,937 GRT/271,707 DWT
ships by type: bulk 6, cargo 21, combination bulk 3, oil tanker 3,
roll-on/roll-off cargo 1 (1995 est.)

Airports:
total: 1
with paved runways over 3 047 m: 1 (1995 est.)

Communications
--------------

Telephones: 87,343 (1991 est.)

Telephone system:
domestic: island wide autom