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Home » Caribbean » Is Barbados richer than Trinidad?

Is Barbados richer than Trinidad?

December 14, 2021 by Shelia Campbell

Trinidad and Tobago has a GDP per capita of $31,300 as of 2017, while in Barbados, the GDP per capita is $18,600 as of 2017.

Contents

Is Barbados a wealthy country?

Current. As of 2008, Barbados has a GDP (PPP) of $5.466 billion, a GDP (official exchange rate) of $3.777 billion, a GDP real growth rate of 1.5%, and a per capita PPP of $19,300.Recently, offshore banking and financial services also have become an important source of foreign exchange and economic growth.

Is Trinidad the richest country in the world?

The economy of Trinidad and Tobago is the third wealthiest in the Caribbean and the fifth-richest by GDP (PPP) per capita in the Americas. Trinidad and Tobago is recognised as a high-income economy by the World Bank.

Which is bigger Barbados or Trinidad?

Barbados measures 21 miles (34 km) long and up to 14 miles (23 km) wide in the south, with an area of 166 square miles (430 square km). Trinidad is much larger, and Trinidad & Tobago together total 1,980 square miles (5130 square km), with Trinidad representing more than 90% of the area.

Where does Trinidad rank in the world?

International rankings

Organization Survey Ranking
Institute for Economics and Peace [1] Global Peace Index 87 out of 144
United Nations Development Programme Human Development Index 64 out of 182
Transparency International Corruption Perceptions Index 79 out of 180
World Economic Forum Global Competitiveness Report 86 out of 133

What is the poorest Caribbean country?

Haiti
Haiti, with a population of 11 million, is considered the poorest country in the Western Hemisphere.

See also  What is the most popular sport in the Dominican Republic?

Is Jamaica richer than Trinidad?

Trinidad and Tobago has a GDP per capita of $31,300 as of 2017, while in Jamaica, the GDP per capita is $9,200 as of 2017.

Which is the richest Caribbean island?

The very richest island in the Caribbean? With a GDP per capita income of 33, 516, it’s the Bahamas. This stable, developing nation is not only the richest country in the West Indies, but it also has the 14th highest nominal GDP in North America. Like much of the Caribbean, the Bahamas is heavily dependent on tourism.

Which Caribbean country has the most beautiful woman?

Montserrat and St. Kitts and it is a fact that Dominica has the most beautiful women.

Which country is No 1 rich country?

Luxembourg
If the GDP per capita is high, this can often indicate the wealth and prosperity of the country’s inhabitants.
The Richest Countries In The World Ranked.

Rank Country GDP per capita (PPP)
1 Luxembourg 120,962.2
2 Singapore 101,936.7
3 Qatar 93,851.7
4 Ireland 87,212.0

Is St Lucia bigger than Trinidad?

Trinidad and Tobago is about 8 times bigger than Saint Lucia. Saint Lucia is approximately 616 sq km, while Trinidad and Tobago is approximately 5,128 sq km, making Trinidad and Tobago 732% larger than Saint Lucia.

How many times can Barbados fit in Trinidad?

Barbados is about 12 times smaller than Trinidad and Tobago.
This to-scale map shows a size comparison of Trinidad and Tobago compared to Barbados. For more details, see an in-depth quality of life comparison of Barbados vs.

Is Trinidad close to Barbados?

Where is Barbados relative to the other islands? We are about 62 miles (100 km) east of the Windward Islands and about 250 miles (400 km) north-east of Trinidad and Tobago. You can use the map below to see where is Barbados relative to some of the islands you might be familiar with (Puerto Rico, Jamaica, Bahamas, etc).

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Where does Trinidad and Tobago rank in education?

In its “Global Competitiveness Report 2014-15” on 144 countries, the World Economic Forum ranked T&T as 89th for overall competitiveness, but 44th for the general quality of its education system, 43rd for primary education, 35th for maths and science, and 33rd for its management schools.

What year did Trinidad and Tobago qualify for the World Cup?

2006
2006 FIFA World Cup
Trinidad and Tobago qualified for the 2006 World Cup in Germany, its first-ever qualification for the tournament.

Is Barbados smaller than London?

Barbados is 0.27 times as big as London (UK)
It is 34 kilometres (21 miles) in length and up to 23 km (14 mi) in width, covering an area of 432 km2 (167 sq mi).

Which Caribbean country is the most popular?

the Dominican Republic
Unsurprisingly, the Dominican Republic is the most popular islands in the Caribbean, attracting over 6.6 million international travelers per year, that’s according to a study by the CEOWORLD magazine, while Cuba (4.7 million) and Puerto Rico (3 million) placed second and third, respectively.

Which Caribbean country is the most developed?

Cuba led the region, ranked 44th in the world and the only Caribbean country in the “very high human development” group of countries. The Bahamas led CARICOM countries in human development, ranked 51st in the world, just after Uruguay and ahead of Montenegro.

Is Trinidad the wealthiest Caribbean country?

Trinidad and Tobago is one of the wealthiest countries in the Caribbean, thanks to its large reserves of oil and gas, the exploitation of which dominates its economy.

See also  Is Dominican Republic a tax haven?

Is Trinidad a 3rd world country?

Somalia (0) Niger (0.354) Central African Republic (0.367) South Sudan (0.388)
Third World Countries 2021.

Country Human Development Index 2021 Population
Saint Kitts And Nevis 0.778 53,544
Antigua And Barbuda 0.78 98,731
Georgia 0.78 3,979,765
Trinidad And Tobago 0.784 1,403,375

Is Barbados a developed country?

Barbados is the richest and most developed country in Eastern Caribbean.
Gross Domestic Product (GDP)

GDP, PPP (current international) $3,901,579,110 (2020)
GDP Growth Rate (annual %) -17.605% (2020)

Filed Under: Caribbean

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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