The Caribbean is poised to outpace much of Latin America in 2025, buoyed by tourism momentum and oil-fueled growth in Guyana, according to the World Bank’s latest LACER economic report.
Real GDP in several Caribbean nations is forecast to grow faster than the Latin America and Caribbean (LAC) regional average of 2.1 percent, ith Dominica and St. Vincent and the Grenadines expected to top 4 percent growth. Guyana stands out with a projected 10 percent expansion, continuing its meteoric rise driven by offshore oil production.
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