gdp

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Jamaica’s GDP Growth Is Still Slow

 Jamaica’s economy continues to struggle. The island recorded estimated GDP growth of 0.8 percent last year, according to the latest data from the Planning Institute of Jamaica. That was still an improvement over 2014, however, when the island’s economy grew …

The Caribbean’s Fastest-Growing Economy

 What’s the fastest-growing economy in the Caribbean region? Right now, it’s the Dominican Republic, which saw GDP growth of 6.6 percent in 2015, the highest rate in the region, according to new data from the United Nations Economic Commission for …

Turks and Caicos Projecting Strong GDP Growth

 By Dana NilandCJ Contributor The Turks and Caicos Islands is projected to have some of the region’s highest GDP growth in the coming years, according to data from its Strategic Policy and Planning Department. Future projections suggest that economic growth …

LATEST NEWS

 By George Nicholson and Anastasia RamjagOp-Ed Contributors This debate surrounding our climate has polarized the world into two different groups for a long time; some theorists maintain that an intrinsic characteristic of climate is that it changes while a large …

 Economy grows in early 2015 By Dana NilandCJ Contributor The Cayman Islands economy experienced a 1.4 percent growth in the first quarter, according to a report by the Economics and Statistics Office. A number of sectors contributed to the GDP …

 IMF says GDP growth quickening By the Caribbean Journal staff Grenada’s economy is on the rise. The country’s GDP growth forecast has been revised upward significantly by the IMF, following the organization’s latest visit to the country. While Grenada had …

 Significant growth in 2015 By the Caribbean Journal staff When the government of Prime Minister Gaston Browne came to power in June 2014, there was one overriding goal: to make Antigua and Barbuda and economic power house. So far in …

 Above: Kingston (Caribbean Journal photo) By the Caribbean Journal staff After the country’s economy saw a 0.3 percent contraction in the last quarter of 2014, Jamaica is now reporting positive growth for the first quarter of 2014. The Planning Institute …

 By Dennis ChungCJ Contributor JAMAICA SEEMS set to pass the sixth International Monetary Fund (IMF) test, underlining the fact that we have, no doubt, been making progress in establishing the framework on which development must take place. I say this against …

 Above: Barbados (CJ Photo) By the Caribbean Journal staff Barbados continues to face “considerable economic challenges,” according to the International Monetary Fund. The fund recently concluded 10 days of discussions with Barbados for the 2013 Article IV consultation, led by …

 Above: Port-au-Prince By the Caribbean Journal staff Haiti’s gross domestic product grew by around 4 percent in the 2013 fiscal year, according to preliminary data from the International Monetary Fund. That number was better than had recently been projected. In …

 By the Caribbean Journal staff The World Bank released its 2014 World Development Report report, which includes data on GDP per capita. So what is the richest country in the Caribbean Community, ranked by GDP per capita? It’s the Bahamas, …

 Above: Port of Spain (CJ Photo) By the Caribbean Journal staff Trinidad’s local economy has grown in each of the last four quarters, and appears to be “on a path of recovery,” according to the country’s Central Bank. The Central …

 Above: the TCI House of Assembly By the Caribbean Journal staff The economy of the Turks and Caicos Islands is projected to grow by 3.4 percent this year, according to estimates released by the government’s Department of Strategic Policy and …

 Above: the USVI By the Caribbean Journal staff The real GDP of the United States Virgin Islands fell by 13.2 percent in 2012, according to the United States Bureau of Economic Analysis. That was due almost entirely to the shutdown …

 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 …

 Above: Finance Minister Dr Peter Phillips By the Caribbean Journal staff It is time for Jamaica to make “the hard financial decisions now,” to protect future generations, according to Finance Minister Dr Peter Phillips. The Minister, who was speaking in …

 Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff The IMF has lowered its growth forecast for Haiti to 3.4 percent from 6.5 percent, the Fund announced following the visit of a mission to Haiti. Despite what it called a …