The 2005 CIA World Factbook. United States. Central Intelligence Agency

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by the governor general) and the House of Assembly (30

       seats; members are elected by direct popular vote to serve five-year

       terms)

       elections: House of Assembly - last held 21 May 2003 (next to be

       held by May 2008)

       election results: House of Assembly - percent of vote by party -

       NA%; seats by party - BLP 23, DLP 7

      Judicial branch:

       Supreme Court of Judicature (judges are appointed by the Service

       Commissions for the Judicial and Legal Services)

      Political parties and leaders:

       Barbados Labor Party or BLP [Owen ARTHUR]; Democratic Labor Party

       or DLP [Clyde Mascoll]

      Political pressure groups and leaders:

       Barbados Workers Union [Leroy TROTMAN]; Clement Payne Labor Union

       [David COMMISSIONG]; People's Progressive Movement [Eric SEALY];

       Worker's Party of Barbados [Dr. George BELLE]

      International organization participation:

       ACP, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt, ICFTU,

       ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ISO, ITU,

       LAES, MIGA, NAM, OAS, OPANAL, UN, UNCTAD, UNESCO, UNIDO, UPU, WCO,

       WFTU, WHO, WIPO, WMO, WTO

      Diplomatic representation in the US:

       chief of mission: Ambassador Michael Ian KING

       chancery: 2144 Wyoming Avenue NW, Washington, DC 20008

       telephone: [1] (202) 939–9200

       FAX: [1] (202) 332–7467

       consulate(s) general: Miami and New York

       consulate(s): Los Angeles

      Diplomatic representation from the US:

       chief of mission: Ambassador Mary E. KRAMER

       embassy: Canadian Imperial Bank of Commerce Building, Broad Street,

       Bridgetown; (courier) ALICO Building-Cheapside, Bridgetown

       mailing address: P. O. Box 302, Bridgetown; CMR 1014, APO AA 34055

       telephone: [1] (246) 436–4950

       FAX: [1] (246) 429–5246, 429–3379

      Flag description:

       three equal vertical bands of blue (hoist side), gold, and blue

       with the head of a black trident centered on the gold band; the

       trident head represents independence and a break with the past (the

       colonial coat of arms contained a complete trident)

      Economy Barbados

      Economy - overview:

       Historically, the Barbadian economy had been dependent on sugarcane

       cultivation and related activities, but production in recent years

       has diversified into light industry and tourism. Offshore finance

       and information services are important foreign exchange earners. The

       government continues its efforts to reduce unemployment, to

       encourage direct foreign investment, and to privatize remaining

       state-owned enterprises. The economy contracted in 2002–03 mainly

       due to a decline in tourism. Growth probably was positive in 2004,

       as economic conditions in the US and Europe moderately improved.

      GDP (purchasing power parity):

       $4.569 billion (2004 est.)

      GDP - real growth rate:

       2.3% (2004 est.)

      GDP - per capita:

       purchasing power parity - $16,400 (2004 est.)

      GDP - composition by sector: agriculture: 6% industry: 16% services: 78% (2000 est.)

      Labor force:

       128,500 (2001 est.)

      Labor force - by occupation:

       agriculture 10%, industry 15%, services 75% (1996 est.)

      Unemployment rate:

       10.7% (2003 est.)

      Population below poverty line:

       NA

      Household income or consumption by percentage share:

       lowest 10%: NA

       highest 10%: NA

      Inflation rate (consumer prices):

       −0.5% (2003 est.)

      Budget:

       revenues: $847 million (including grants)

       expenditures: $886 million, including capital expenditures of NA

       (2000 est.)

      Agriculture - products:

       sugarcane, vegetables, cotton

      Industries:

       tourism, sugar, light manufacturing, component assembly for export

      Industrial production growth rate:

       −3.2% (2000 est.)

      Electricity - production:

       800 million kWh (2002)

      Electricity - production by source: fossil fuel: 100% hydro: 0% nuclear: 0% other: 0% (2001)

      Electricity - consumption:

       744 million kWh (2002)

      Electricity - exports:

       0 kWh (2002)

      Electricity - imports:

       0 kWh (2002)

      Oil - production:

      

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