UN: Guyana to Lead Caribbean in Economic Growth in 2013

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Above: Guyana

By the Caribbean Journal staff

Guyana is projected to lead the Caribbean in economic growth in 2013, according to the United Nations Economic Commission for Latin America and the Caribbean.

Suriname’s GDP is projected to grow by 4.5 percent, putting it second in the region, followed by Haiti at 3.5 percent.

Jamaica is projected to post the slowest growth in the region, at 0.5 percent, with Barbados not far behind at 0.7 percent.

Belize posted the region’s fastest growth in 2012, according to the report, at 5.3 percent. This year, its growth will fall to 2.7 percent, Chile-based ECLAC projected.

The Caribbean region as a whole is projected to grow by 2 percent this year, up from 1.2 percent in 2012.

The wider Latin American and Caribbean region projects to grow 3 percent for 2013.

See the full list of Caribbean GDP projections below: