Internet users for Barbados
ITNETUSERP2BRB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.00
Year-over-Year Change
20.30%
Date Range
1/1/1990 - 1/1/2023
Summary
The 'Internet users for Barbados' trend measures the percentage of the population in Barbados that uses the internet. This statistic is important for understanding digital connectivity and technological adoption in the Caribbean nation.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator tracks internet penetration in Barbados, which is a key metric for assessing the country's digital infrastructure, e-commerce potential, and access to online services and information. Policymakers and businesses closely monitor this data to guide investments and development strategies.
Methodology
The data is collected through household surveys and reported by the International Telecommunication Union.
Historical Context
Internet usage rates are relevant for evaluating Barbados' competitiveness and integration with the global digital economy.
Key Facts
- Barbados' internet usage rate was 79.7% in 2020.
- Internet access is a key driver of economic and social development.
- Connectivity is a priority for the Barbados government's digital transformation agenda.
FAQs
Q: What does this economic trend measure?
A: The 'Internet users for Barbados' trend tracks the percentage of the population in Barbados that uses the internet.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Barbados' digital connectivity and technological adoption, which are crucial factors for the country's economic competitiveness and development.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and reported by the International Telecommunication Union.
Q: How is this trend used in economic policy?
A: Policymakers and businesses in Barbados closely monitor this internet usage data to guide investments and development strategies related to the country's digital infrastructure and e-commerce potential.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and may not capture rapid changes in internet penetration within a given year.
Related Trends
Outstanding Total International Debt Securities to GDP for Barbados
DDDM07BBA156NWDB
Credit to Government and State-Owned Enterprises to GDP for Barbados
DDEI08BBA156NWDB
Financial System Deposits to GDP for Barbados
DDDI08BBA156NWDB
Deposit Money Bank Assets to GDP for Barbados
DDDI02BBA156NWDB
Non-Life Insurance Premium Volume to GDP for Barbados
DDDI10BBA156NWDB
Private Credit by Deposit Money Banks to GDP for Barbados
DDDI01BBA156NWDB
Citation
U.S. Federal Reserve, Internet users for Barbados (ITNETUSERP2BRB), retrieved from FRED.