None
EN
Barbados’ economy expands for fourth consecutive year, inflation remains low
[]
Caribbean Broadcasting Corporation
Inflation low, economic growth sustained.
That’s how Central Bank Governor, the Most Honourable Dr. Kevin Greenidge, characterised Barbados’ economic situation during 2025.
His comments came at a media conference as he gave a review of the island’s economy and an outlook for 2026.
He says real gross domestic product (GDP) increased by 2.7% and it marks the fourth consecutive year of economic expansion.
At the same time, inflation averaged about 0.7% over the period under review, and unemployment declined to 6.6%.