Caribbean GDP to Grow 1.7 Percent in 2012: UN Report

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By the Caribbean Journal staff

The Caribbean’s economy is projected to grow 1.7 percent in 2012, following an estimated 0.7 percent growth in 2011, according to data from the United Nations Economic Commission for Latin America and the Caribbean.

That number is far short of a projected 3.7 percent GDP growth rate for Latin America in 2012.

Suriname is projected to lead the region in growth at 4.5 percent; Haiti, which is projected to grow by 8 percent this year, is considered as part of Latin America in the data.

The Eastern Caribbean Currency Union is projected to grow 2 percent next year, driven by improvements in the tourism sector.

See below for the complete list of GDP growth by country:

 

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