Barbados has taken a significant step toward sustainable maritime transport with the launch of a green shipping corridor pre-feasibility study, supported by the International Maritime Organization (IMO). The initiative reflects the island’s growing commitment to climate action and positions Barbados within the global movement to decarbonize international shipping. The study was formally initiated in...
Barbados has officially rebased its Gross Domestic Product (GDP), updating the base year from 2016 to 2023. The move, undertaken by the Barbados Statistical Service, modernizes the country’s national accounts framework and ensures that economic measurements more accurately reflect current production patterns, price structures, and sectoral contributions. GDP rebasing is a standard statistical...
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