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Analysis by Region - Emerging Markets - Barbados

Publisher Oxford Economics
Published Jun 05, 2023
Length 3 Pages
SKU # OFE18000399

Description

Analysis by Region - Emerging Markets - Barbados



We think the Barbados economy will expand by 4.8% this year, following 9.1% growth in 2022. GDP will likely return to its pre-pandemic level by Q4 2023, driven by a solid but slow tourism recovery. We forecast tourist arrivals will grow by 27% in 2023, down from 46% in 2022. We don't expect tourism to recover to the 2019 rate until 2026.

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3 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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