The Barbados economy is comprised of enterprises engaged in a variety of business activities in many industries. The major contributors to the Barbados economy are the service sector. The sector includes, among others, government services, tourism services, and finance and business services. The finance and business services industry is the largest component of GDP by industry since it accounts for 31.0 per cent of GDP.

This section of explores these major industries providing where available a summary of the industry editor’s perspective of that industry today New and emerging developments in the sector (policy changes, new technology, new investments, recent stories and important developments and updates of interest about the sector).

Barbados Welcomes UK Businesses & Offers a Gateway to the Americas

There is a new dawn of inspiration and confidence in Barbados. The recently elected Barbados government has stated its aims to not only meet international standards but to exceed them in order to be globally competitive.

Barbados tax gateway
The Commonwealth Advantage

Secretary-General of the Commonwealth, The Right Honourable Patricia Scotland QC, has on a number of occasions urged companies to seize fresh opportunities to do business within the Commonwealth.

Barbados Continues to Attract Captive Insurance Business

The Latin American market provides an encouraging growth opportunity as more risk managers and professional advisors become aware of the great benefits that a captive insurance company can offer to the company’s shareholders.

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