International Indices on Barbados
Economic Indices
GDP (nominal) per capita
The average per-person output of the economy in the prices of the current year.
Source: World Economic Outlook Database October 2020 (2020 estimates)
GDP (nominal)
This measures a country's GDP using current prices without adjusting for inflation.
Source: World Economic Outlook Database October 2020 (2020 estimates)
Global Competitiveness Index
The World Economic Forum Global Competitiveness Report provides a description of the economic competitiveness of a country based on enabling high productivity levels.
Source: World Economic Forum (2019)
Financial Secrecy Index
The Financial Secrecy Index ranks jurisdictions according to their secrecy and the scale of their offshore financial activities. A politically neutral ranking, it is a tool for understanding global financial secrecy, tax havens or secrecy jurisdictions, and illicit financial flows or capital flight.
Source: Tax Justice Network (2020)
Ease of Doing Business Rank
The Ease of Doing Business rankings measures the vibrancy of a country’s business environment based on business regulations in place. Doing Business captures several important dimensions of the regulatory environment as it applies to local firms. It provides quantitative indicators on regulation for starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.
Source: The World Bank Doing Business (2020)
Social Indices
Human Development Index
The United Nations Human Development Index (HDI) is a composite measure of three fundamental aspects of human development: health, education, and income. Barbados' HDI value puts the country in the very high human development category.
Source: United Nations Human Development Index (2020)
Adult Literacy Rate
Percentage of the population aged 15 years and over who can both read and write with understanding a short simple statement on his/her everyday life. Generally, ‘literacy’ also encompasses ‘numeracy’, the ability to make simple arithmetic calculations.
Source: United Nations Educational, Scientific and Cultural Organization (UNESCO) (2018)
Gender Development Index
The United Nations Gender Development Index (GDI) is defined as the ratio of female to male HDI values. It measures gender inequalities in achievement in three basic dimensions of human development.
Source: United Nations Gender Development Index (2019)
Sustainable Development Report
The Sustainable Development Report 2020 has been released. It was prepared by teams of independent experts at the Sustainable Development Solutions Network (SDSN) and the Bertelsmann Stiftung.
Source: Sustainable Development Report 2020: The Sustainable Development Goals and Covid-19 (2020)
General Indices
Passport Index
Passport Index ranks the passports of 193 United Nations member countries and six territories. One purpose is to inform by showcasing, educating, and informing the public. The World Openness Score (WOS) is a measure of the global ease of travel by taking into account all visa waivers in the world.
Source: World Openness Score (WOS) (2020 December)
Henley Passport Index
The Henley Passport Index is the original ranking of all the world’s passports according to the number of destinations their holders can access without a prior visa. The ranking is based on exclusive data from the International Air Transport Association (IATA), which maintains the world’s largest and most accurate database of travel information, and enhanced by ongoing research by the Henley & Partners Research Department.
Source: The Henley Passport Index (2020 Q4)
Corruption Perceptions Index
The CPI scores and ranks countries/territories based on how corrupt a country’s public sector is perceived to be by experts and business executives. It is a composite index, a combination of 13 surveys and assessments of corruption, collected by a variety of reputable institutions. The CPI is the most widely used indicator of corruption worldwide.
Source: Transparency International (2019)
Global Corruption Index
Covering 198 countries and territories the Global Corruption Index (GCI) provides a comprehensive overview of the state of corruption around the world based on 28 variables.
Source: Global Corruption Index (2020)
Environmental Performance Index
The 2020 Environmental Performance Index (EPI) provides a data-driven summary of the state of sustainability around the world. Using 32 performance indicators across 11 issue categories, the EPI ranks 180 countries on environmental health and ecosystem vitality. These indicators provide a gauge at a national scale of how close countries are to established environmental policy targets. The EPI offers a scorecard that highlights leaders and laggards in environmental performance and provides practical guidance for countries that aspire to move toward a sustainable future.
Source: Yale University Environmental Performance Index (2020)
Freedom in the World
Freedom in the World is an annual global report on political rights and civil liberties, composed of numerical ratings and descriptive texts for each country and a select group of territories. The 2020 edition covers developments in 195 countries and 15 territories from January 1, 2019, through December 31, 2019.
Source: Freedom House (2020)
ICT Development Index
The ICT Development Index (IDI) is a composite index that combines 11 indicators into one benchmark measure. It is used to monitor and compare developments in information and communication technology (ICT) between countries and over time.
Source: International Telecommunications Union (2017)
