Barbados

Barbados maintains a remarkably high GDP per capita, placing it firmly in the high-income category globally. This figure ($25,583.88) is comparable to many developed nations, reflecting a strong service-based economy (tourism, finance) despite its small population and area.

The nation faces a significant challenge with high inflation (9.792%) substantially exceeding its moderate GDP growth rate (2.914%). This gap suggests a real erosion of purchasing power for citizens, potentially driven by high import costs typical of island nations.

Barbados has achieved complete or near-complete access to electricity for its population (100%), a major developmental achievement. This high rate of infrastructure access is expected given its high GDP per capita and small geographical size.

The fertility rate of 1.71 is well below the replacement level (2.1), indicating a shrinking and aging native population over time. This demographic trend poses long-term challenges for labor supply and social security systems.