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Economic Survey of Latin America and the Caribbean 2007-2008

Macroeconomic Policy and Volatility

image of Economic Survey of Latin America and the Caribbean 2007-2008

The Economic Survey is one of ECLAC's flagship publications, and has been issued since 1948. This new edition covers the region's economic performance in 2007 and the first semester of 2008, and suggests growth estimates for this year.

English

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Barbados

In 2007, Barbados recorded overall GDP growth of 3.2%, driven once more by a solid performance in the services sector (namely tourism and financial services). The unemployment rate has fallen to its lowest recorded level (7.4%) since 1991. Inflation was at a three-year low (4%), despite a context of high food and oil prices.

English

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