gdp

How Jamaica Is Changing the Global Conversation on Sustainable Tourism

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 …

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 Niland CJ 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 …

Op-Ed: Climate Change and the Caribbean

By George Nicholson and Anastasia Ramjag Op-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 …

Cayman’s Economy Up 1.4 Percent

Economy grows in early 2015 By Dana Niland CJ 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 …

Tourism Driving Stronger GDP Growth in Grenada

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 …

This is the Caribbean’s Fastest-Growing Economy in 2015

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 …

Jamaica Reports Positive GDP Growth

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 …

Productivity in Jamaica

By Dennis Chung CJ 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 …

IMF: Barbados Faces “Considerable Economic Challenges”

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 …

IMF: Haiti GDP Grew By 4 Percent in 2013

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 …

Ranking the Caribbean By GDP Per Capita

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, …

Trinidad “On a Path of Recovery”

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 …

Turks and Caicos Economy Projected to Grow 3.4 Percent in 2013

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 …

HOVENSA Shutdown Leads to Significant Drop in US Virgin Islands’ GDP

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 …

UN: Guyana to Lead Caribbean in Economic Growth in 2013

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 …

Phillips: Jamaica Must Make “Hard Financial Decisions Now”

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 …