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The start of the Port Charles Marina project in Speightstown helped the tourism industry continue to expand in 1996-99. Offshore finance and informatics are important foreign exchange earners, and there is also a light manufacturing sector. The government continues its efforts to reduce the unacceptably high unemployment rate, encourage direct foreign investment, and privatize remaining state-owned enterprises.

Slavery in Barbados was finally ended in 1838, and newly-emancipated blacks celebrated with instruments including drums and horns, as well as banjos, tambourines and xylophones. Still, however, the use of horns and drums was discouraged, leading to the primacy of vocal music; at the same time, new Protestant churches from North American moved into the island, bringing with them American parlor music, cowboy songs and revivalist hymns.

Progress toward more democratic government for Barbados was made in 1951, when universal adult suffrage was introduced. This was followed by steps toward increased self-government, and in 1961, Barbados achieved internal autonomy.

The main factors responsible for the improvement in economic activity include an expansion in the number of tourist arrivals, an increase in manufacturing, and an increase in sugar production. Recently, offshore banking and financial services also have become an important source of foreign exchange and economic growth.

The island of Barbados has a single major airport, the Sir Grantley Adams International Airport (GAIA) (IATA identifier BGI). The Grantley Adams Airport receives daily flights by several major airlines, from points around the globe, as well as several smaller regional commercial airlines and charters. The airport serves as the main air-transportation hub for the Eastern Caribbean. The airport is currently under-going a US$100 Million upgrade and expansion.