Central Bank of Barbados - Annual Report 2005

According to the Central Bank of Barbados' Annual Report 2005, strengthened mainly by significant increases in the non-traded sectors, especially construction, real GDP is estimated to have grown for the fourth consecutive year, rising by 3.8% in 2005.

Expanding activity in the non-traded sectors led to an improvement in the average unemployment rate, which fell below 10% for the second consecutive year. However, with a moderate decline in tourism (the main foreign exchange earning industry)

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