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  • Barbados’ economy records another year of growth

Barbados’ economy records another year of growth

January 29, 2025
admin Published: January 29, 2025 | Updated: January 29, 2025 1 min read
CENTRAL BANK ECONOMIC GROWTH

The Barbados economy recorded 4% growth in 2024.

Governor of the Central Bank of Barbados, Dr. Kevin Greenidge notes this is the third consecutive year of growth, and the 14th quarter of economic growth on a stretch for the country.

He was speaking at a Central Bank news conference to review the country’s economic performance for 2024.

Additionally, Dr. Greenidge says reserve rates reached a record high of 3.2 billion dollars with a 184% increase over the last year.

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