The Dominican Republic Is the Caribbean’s Fastest-Growing Economy

The Dominican Republic is the Caribbean’s fastest-growing economy, according to the latest updated projections from the United Nations Economic Commission for Latin America and the Caribbean.

The Dominican Republic’s Gross Domestic Product is projected to grow by 5.3 percent this year, the highest projected growth rate not only in the Caribbean but in all of Latin America.

The next-fastest-projected growth was Guyana at 3.7 percent, according to the report, the fastest-growing CARICOM Member State.

The Caribbean region as a whole was projected to grow by 1.4 percent in 2017.

Note: ECLAC data does not track overseas territories or departments in its projections.

For the full list of economic projections for the Caribbean, see below.

 

 

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