Monthly Reports

Caribbean Economic Report, August 2020

Editorial: Why does the EU deliberately marginalize small and vulnerable countries? Steeper economic contractions projected: Bahamas -15 to -20% in 2020, Barbados -27% y/y in Q2, Cayman Islands -7.1% for 2020, Jamaica -7 to -10% this FY…

Caribbean Economic Report, June 2020

Editorial: J’accuse…! The European Union’s Institutionalized Racism and Bullying Bahamas downgraded to Ba2 (non-investment grade) by Moody's; Q1 2020 growth for Barbados -3%, Jamaica -1.7% and DomRep 0.0%; Suriname's debt surged in April and inflation rose to...

Caribbean Economic Report, April 2020

External risks are highest for The Bahamas, Cuba, Suriname and Trinidad & Tobago. Guyana’s growth prospects from its oil sector have been lowered…

Caribbean Economic Report, February 2020

Bahamas damages from Dorian estimated over USD3.4 billion; Barbados GDP contracted 0.1% in 2019; Cuba records 17.6% contraction in stay-overs from the US; Dominican Republic grew 5.1% in 2019...

Caribbean Economic Report, December 2019

Barbados and Jamaica receive credit rating upgrades, Cayman Islands passes its largest budget in history with no new taxes, uncertainty in Suriname rises following the conviction of President Bouterse and high fiscal deficits and rising debt, T&T posted declines...

Caribbean Economic Report, September 2019

Bahamas faces unprecedented effects of Hurricane Dorian, Barbados continues to meet BERT program targets, Cuba's economy faces greater turmoil, DomRep and Jamaica's Central Banks lower policy rates in August, Guyana's economy is projected to grow 86% in 2020,...

Caribbean Economic Report, July 2019

DomRep's Central Bank lowered its policy rate in June by 50 bps to 5.00%, Guyana experienced uneven growth in Q1 2019, Jamaica reported 1.7% GDP growth in Q1 2019 spanning all major sectors except manufacturing, Suriname's Central Bank is expected to continue...

Caribbean Economic Report, May 2019

Barbados' economy contracted in Q1 2019, DomRep continues to set records for remittances, Bank of Jamaica lowered its policy rate to 0.75%, T&T international reserves were down 8% y/y in March...

Caribbean Economic Report, March 2019

Feature: "When a blacklist is, unfortunately, just that." Bahamas benefits from growth in tourism arrivals/capacity, Barbados relaxation of FX controls likely to improve business climate, Cayman GDP grew 3.6% in Jan-Sept 2018, Cuba under further pressures due to...

Caribbean Economic Report, February 2019

Venezuela's crisis: This is not about politics or oil - this is about people. Preliminary GDP growth for 2018: DomRep +7%; Cuba +1.2%; T&T +0.8%; Barbados -0.6%. Bahamas and Cayman report double-digit growth in stayovers 16.5% y/y (YTD Sept) and 10.7% y/y (2018)...