The State of Small Business in Barbados

FIGURES

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Comparisons of Total Employment Shares (%) of MSME by Size for 2025 vs 2016 Datasets

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Figure 1.1

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Figure 1.2 Comparisons of Total Number of MSME Employers for 2025 vs 2016 Datasets

Comparisons of Total Employment Shares (%) of MSME by Broad Sector for 2025 vs 2016 Datasets

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Figure 1.3

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Figure 2.1 New Incorporated Companies (2020–2025)

New Business Name Registrations (Unincorporated Sole Traders and Partnerships) – 2020–2025

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Figure 2.2

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Figure 2.3 Business Closure or Downsizing During the Pandemic

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Figure 2.4 Comparisons of Business Ownership by Gender (2016 vs 2025)

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Figure 2.5 Age of Firm by Gender and Ownership

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Figure 2.6 Educational Attainment of MSME Owners

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Figure 3.1 Export Participation Rates – 2025 vs 2016 Datasets

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Figure 4.1 MSME Exposure to Climate-Related Events (Last 5 Years)

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Figure 4.2 Climate Preparedness Measures among MSMEs

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Figure 5.1 Self-Reported Level of Digital Adoption

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Figure 5.2 Customer-Facing Digital Platforms Used

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Figure 5.3 Current AI Use (% of Firms)

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Figure 5.4 Future Intentions to Use Digital Tools (% of Firms)