Caribbean Economic Report, March 2023

Tourism continues to rebound throughout the region, but what does it really mean for our economies? Protests in Suriname, IMF Article IV concluding statements for T&T, inflation eases in Bahamas, DomRep, Jamaica…

MONTHLY REPORTS

Caribbean Economic Report, December 2023

Fitch raises its outlook for Barbados and DomRep ratings, S&P upgrades Suriname to CCC+ following debt restructure, Moody's upgrades Jamaica, Guyana's oil production could triple by 2028…

Caribbean Economic Report, October 2023

Barbados upgraded by Moody’s to B3 with a stable outlook, Jamaica upgraded to BB- by S&P, S&P stresses Bahamas’ high dependence on tourism at 40% of GDP, Cuba’s power shortages continue to stunt growth, DomRep growth forecast lowered to 3% for 2023,...

Caribbean Economic Report, August 2023

Bahamas growth improving, debt high and unsustainable; Barbados recovery slow and tourism-based; Cayman facing rising inflation; Guyana falling deeper into the resource curse; Jamaica progressing on reducing debt as economy recovers; Suriname facing high debt, weak...

Caribbean Economic Report, May 2023

We have updated our forecasts and outlooks for all countries. Trinidad & Tobago’s economy remains highly vulnerable to hydrocarbon prices. Food price inflation remains in the double-digits across most of the region. Guyana at 37% and Barbados at 4.9% are projected to...

Caribbean Economic Report, February 2023

2022 GDP growth was 10% for Barbados and 4.9% for the Dominican Republic. Jamaica’s Q4 2022 growth is estimated at 3.4% y/y. Moody’s affirmed Suriname’s Caa3 rating and revised the outlook to stable. Foreign exchange pressures continue to build in Trinidad &...

Caribbean Economic Report, January 2023

Growth continues in Q3 at 5.9% y/y for Jamaica and 5% for DomRep, T&T sets record for homicides in 2022, Cuba achieves only half targeted GDP growth…

Caribbean Economic Report, November 2022

Supply-side inflationary pressures continue to build across the Caribbean, enhanced by currency depreciation in Suriname and Cuba. Bahamas downgraded (Moody’s), Barbados affirmed (Fitch), Jamaica affirmed (S&P)…