Barbados' Economy: Tourism Leads, Then Financial Services

Barbados' major revenue sources (pre-pandemic data):

1. Tourism: ~1.2M visitors (2019), ~US$1.4B spending. Beaches, climate, culture, cruise port.
2. Financial Services: Offshore banking, insurance, trusts. Major foreign exchange earner. OECD "white list" jurisdiction.
3. Manufacturing: Food/beverage, clothing, pharmaceuticals, electronics assembly. Export-oriented.
4. Agriculture: Sugar (declining), vegetables, cotton, flowers. Small but contributes to food security.

Economy is high-income but vulnerable to external shocks (tourism, finance). Diversification into renewable energy, tech, and education is policy priority.