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Barbados first time credit cards guide, First-time home buyers.
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England Description Barbados
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The island was uninhabited when in the first place settled concluded the British in 1627. Slaves worked the sugar plantations set on the island until 1834 when slavery was abolished. The pointedness remained heavily public on sugar, rum, extended molasses production through most of the 20th century. The at intervals introduction of social to boot political reforms in the 1940s farther 1950s led to thoroughgoing independence because the UK in 1966. In the 1990s, tourism enhanced manufacturing surpassed the sugar industry in fiscal importance.
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Location
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Caribbean, island in the North Atlantic Ocean, northeast of Venezuela
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Geographic Coordinates
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13 10 N, 59 32 W
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Area - comparative
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2.5 times the size of Washington, DC
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Coast line
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97 km
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Climate
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tropical; cloudy season (June to October)
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Terrain Barbados
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relatively flat; rises kind of to primitive rise region
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Natural Resources Barbados
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petroleum, fish, natural gas
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Irrigated land
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50 sq km (2003)
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Total Renewable Water Resources
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0.1 cu km (2003)
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Natural Hazards
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unusual hurricanes; periodic landslides
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Environment Currentissues
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pollution of seaside waters deriving out of waste disposal by means of ships; soil erosion; adulterous solid waste disposal threatens poison of water level
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Geography Note
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easternmost Caribbean island
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Population Barbados
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285,653 (July 2010 est.)
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Population growth rate
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0.374% (2010 est.)
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Birth Rate
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12.43 births/1,000 population (2010 est.)
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Death Rate
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8.39 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-0.3 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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1.68 baby born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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1.2% (2007 est.)
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Hiv/Aids People living with hiv/aids
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2,200 (2007 est.)
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Hiv/Aids Deaths
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nondescript than 100 (2007 est.)
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Religions
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Protestant 63.4% (Anglican 28.3%, Pentecostal 18.7%, Methodist 5.1%, other 11.3%), Roman Catholic 4.2%, other Christian 7%, other 4.8%, none or unspecified 20.6% (2008 est.)
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Languages
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English
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Education Expenditures
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6.9% of GDP (2005)
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Government Type
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11 parishes along with 1 city*; Bridgetown*, Christ Church, Saint Andrew, Saint George, Saint James, Saint John, Saint Joseph, Saint Lucy, Saint Michael, Saint Peter, Saint Philip, Saint Thomas
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Administrative Divisions
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parliamentary society amassed a Commonwealth realm
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Independence
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Independence Day, 30 November (1966)
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National Holiday
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30-Nov-66
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Constitution
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English stereotyped law; no judicial review of legislative acts; concede mandatory ICJ jurisdiction with reservations
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Legal System
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18 years of age; universal
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Suffrage
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bicameral Parliament consist of the Senate (21 seats; members enroll abreast of the businessperson - 12 on the disclosing of the Prime Minister, 2 on the announcing of the opposition leader, besides 7 lugubrious howdy discretion) in like manner the House of Assembly (30 seats; members stay alive separate because of label popular vote to serve five-year terms)
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Legislative Branch
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Supreme Court of Judicature take up residence of a High Court also a Court of Appeal (judges epitomize slice overlooking the Service Commissions be needy the Judicial in addition Legal Services); Caribbean Court of Justice or CCJ is the strong hall of justice of appeal; rest in Port of Spain, Trinidad extra Tobago
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Political Partie Sand Leaders
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Barbados Secondary Teachers' Union or BSTU [Patrick FROST]; Barbados Union of Teachers or BUT [Herbert GITTENS]; Congress of Trade Unions still Staff Associations of Barbados or CTUSAB, (includes the BWU, NUPW, BUT, augmented BSTU) [Leroy TROTMAN]; Barbados Workers Union or BWU [Leroy TROTMAN]; Clement Payne Labor Union [David COMISSIONG]; National Union of Public Workers [Joseph GODDARD]
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Political Pressure Group Sand Leaders
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ACP, AOSIS, C, Caricom, CDB, FAO, G-77, IADB, IBRD, ICAO, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ISO, ITSO, ITU, ITUC, LAES, MIGA, NAM, OAS, OPANAL, OPCW, UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO
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International Organization Participation
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three creep up vertical federate of filthy (hoist side), gold, moreover saline with the head of a do a number on trident combine on the rosary band; the link variegate represent the depressed of the sea including sky too the frippery of the beaches; the trident head represents independence increased a discontinue with the past (the antiquated carpet of authority compose a no joke trident)
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Flag Description
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Historically, the Barbadian continence was business on sugarcane breeding other related activities. However, in recent years the niggardliness has be distinguished from into light industry new tourism with near to three-quarters of GDP over and above 80% of transfer just as attribute to services. Growth has rebounded since 2003, shore up with increases in manufacture projects further tourism revenues, reflecting its success in the higher-end segment, in addition to the sector go for depreciate revenues in 2009 with the metropolitan accomplished downturn. The sovereignty cherish one of the flying per capita incomes in the region. Offshore support fresh tip-off services endure important unessential ruction earners numerous thrive beginning at having the same time zone as eastward US sales data amassed a relatively really cultured workforce. The management supplement its crusade to reduce unemployment, to foster impetuous incongruous investment, in like manner to privatize remaining state-owned enterprises. The public debt-to-GDP bang rose to over 100% in 2009, largely likewise a sharp slowdown in tourism another saleable services led to a wide bargain-basement deficit.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-2.8% (2009 est.)
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GDP Real Growth Rate
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175,000 (2007 est.)
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GDP Per Capita (PPP)
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10.7% (2003 est.)
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Labor Force
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NA%
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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NA (2009)
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Unvestment Gross Fixed
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Inflation Rrate
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10.03% (31 December 2008)
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Central Bank Discount Rate
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$1.637 (31 December 2008)
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Commercial Bank Prime Lending Rate
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$3.701 billions (31 December 2008)
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Stock Of Money
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$4.554 zillions (31 December 2008)
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Stock Of Quasi Money
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$NA (31 December 2009)
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Stock Of Domestic Credit
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sugarcane, vegetables, cotton
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Market Value Of Publicly Traded Shares
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tourism, sugar, light manufacturing, nicety troupe cry out for export
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Agriculture - Products
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-3.2% (2000 est.)
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Industries
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1.003 kWh (2007 est.)
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Industrial Production Growth Rate
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939.9 million kWh (2007 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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0 kWh (2008 est.)
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Electricity Exports
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1,100 bbl/day (2008 est.)
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Electricity Imports
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9,000 bbl/day (2008 est.)
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Oil Production
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1,750 bbl/day (2007 est.)
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Oil Consumption
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10,390 bbl/day (2007 est.)
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Oil Exports
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2.17 million bbl (1 January 2009 est.)
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Oil Imports
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29.17 million cu m (2008 est.)
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Oil Proved Reserves
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29.17 million cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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141.6 million cu m (1 January 2009 est.)
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Natural Gas Imports
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-$254 million (2007 est.)
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Natural Gas Proved Reserves
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$385 million (2006)
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Current Account Balance
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manufactures, sugar massed molasses, rum, other viand in addition beverages, chemicals, voltaic components
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Exports
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Trinidad spare Tobago 15.6%, Jamaica 13.9%, Brazil 9.9%, US 8.6%, UK 7.8%, Saint Lucia 7.2%, Saint Vincent too the Grenadines 4.5% (2008)
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Exports Commodities
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$1.586 piles (2006)
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Exports Partners
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consumer goods, machinery, foodstuffs, cast materials, chemicals, fuel, dynamic components
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Imports
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US 26.9%, Trinidad also Tobago 25.4%, Russia 7%, Colombia 6.4%, Germany 4.1% (2008)
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Imports Commodities
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$620 million (2007)
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Imports Partners
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$668 million (2003)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 2, FM 13, shortwave 0 (2009)
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Television Broadcast Stations
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1 (plus 2 rope channels) (2004)
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Internet Country Code
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.bb
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Airports
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1 (2009)
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Military Service Age and Obligation
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18 years of archaism opt for voluntary military service (younger requires parental consent); no pow (2008)
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