Economic Empowerment and Poverty Reduction

Mission 5: Economic Empowerment and Poverty Reduction

By 2030, empower and enfranchise all Barbadian workers and families by creating opportunities for ownership and wealth creation that enable Barbadians to take better care of themselves and each other and reduce the rate of poverty by 50%.

Key Principles

These key principles guide our mission to empower Barbadian workers and families. By promoting home ownership, reducing poverty, and expanding access to financial services, we are building a more equitable and prosperous Barbados for all.

Home Ownership for All

Increasing home ownership to build wealth and stability for Barbadian families.

Poverty Reduction

Cutting poverty rates by 50% through targeted initiatives and support.

Access to Financial Services

Expanding access to banking and financial tools to empower Barbadians.

Key Metrics & Takeaways

Explore the critical data points that highlight our progress and achievements, providing a clear snapshot of the impact we’re making.

Total Population

269,090

2.5%

Urban vs. Rural Population

67%/33%

1.8%

Median Age

0.5%

Current Employment Rate

85%

3.0%

Home Ownership and Employment Rates

Poverty Rate In Barbados

Banking Products Usage Breakdown

Wealth Creation Indicators

Get In Touch With Us

Have a concern or complaint you’d like addressed? Prime Minister Mia Amor Mottley is here to listen and assist. Simply click the button below contact us. Your voice matters!