Region: Caribbean
Category: International Trade

Caribbean International Trade

(65 reports matching your criteria)
  • Macro - Country Economic Forecasts - St. Kitts and Nevis

    ... growth of 3.7% y/y in both years. Government spending commitments, primarily in renewable energy projects, continue to drive fixed investment, while the rebound in tourism supports exports. Subsiding global inflation and falling oil prices have ... Read More

  • Macro - Country Economic Forecasts - Virgin Islands (UK)

    ... of 1.2% in 2024 and 2025. This is weaker than our previous forecast, so we nudged it down due to ongoing inquiries into the islands' governance and the growing likelihood of higher-for-longer US interest rates. Read More

  • Macro - Country Economic Forecasts - St. Vincent and the Grenadines

    ... reflects that tourism growth remains strong and falling inflation will boost spending, resulting in a consumption recovery after two years of contracting private consumption. We've also revised up our 2023 growth forecast by 0.3ppts to ... Read More

  • Trinidad and Tobago In-depth PEST Insights

    ... quantitative data to support trend analysis. Synopsis Understand the political system in Trinidad and Tobago through analysis of key figures in the country and governance indicators. Understand the economic situation in Trinidad and Tobago through ... Read More

  • Macro - Country Economic Forecasts - Martinique

    ... growth forecast for Martinique broadly unchanged at 0.9% y/y for 2023. The global economic slowdown and tighter financial conditions will affect tourism volumes, leading us to lower our 2024 growth projection by 0.2ppts to 1.6%. Read More

  • Macro - Country Economic Forecasts - Haiti

    ... enhance political stability. However, flash floods in June likely hampered economic activity. The Dominican Republic recently closed its border with Haiti, which could accentuate the hunger crisis since many Haitians cross the border for food. Read More

  • Macro - Country Economic Forecasts - Virgin Islands (US)

    ... which will affect activity in the US Virgin Islands' key trading partners. Tourism is expected to break last year's record and has supported activity in 2023, but worsening global conditions and high inflation have led ... Read More

  • Macro - Country Economic Forecasts - Anguilla

    ... domain name will increase. However, the global slowdown and elevated interest rates in advanced economies will act as a headwind to activity. We've therefore downgraded our 2023 GDP growth forecast by 3ppts to 9.9% y/y ... Read More

  • Macro - Country Economic Forecasts - Barbados

    ... tourism and strong growth in the retail and construction sectors, which has led to a downtick in unemployment. We forecast that GDP growth will slow to 3.5% in 2024 as recovery in the tourism sector ... Read More

  • Analysis by Region - Emerging Markets - Cuba

    ... in the short term. These include trade sanctions, decaying state institutions, and a protracted episode of social unrest against the government. As such, these shocks have caused supply chain disruptions, which have resulted in shortages ... Read More

  • Macro - Country Economic Forecasts - Bahamas, The

    ... domestic consumption. However, an encouraging recovery in tourism has boosted economic activity and narrowed the current account deficit. We forecast that GDP growth will dip to 1.2% y/y in 2024 and 1.4% y/y 2025 as ... Read More

  • Macro - Country Economic Forecasts - Antigua and Barbuda

    ... Antigua and Barbuda by 0.8ppts to 5.2% y/y due to robust tourism and construction activity. However, we think economic weakness in the advanced economies, particularly the US, will be a headwind for tourism in 2024. Read More

  • Macro - Country Economic Forecasts - Dominica

    ... economic outlook will weigh on the tourism sector. Total visitor expenditure in Q2 2023 was only 49.8% of pre-pandemic levels, down from 76.2% in Q4 2022, suggesting that the tourism recovery has lost some steam. Read More

  • Analysis by Region - Latin America - Grenada

    ... returned to pre-pandemic levels. But we think the pace of economic growth will slow next year from a projected growth rate of 5% this year, due to a slowdown in tourism-dependant sectors, such as hospitality. Read More

  • Macro - Country Economic Forecasts - Cayman Islands

    ... expansion in 2022. Rising global interest rates continue to put downward pressure on growth. Despite an above-average hurricane season in 2023 with three major hurricanes, the island economy is likely to have already experienced the ... Read More

  • Analysis by Region - Emerging Markets - Jamaica

    ... moderating, remittances. For 2024, we expect the economy will expand by 1.9% (up from 1.3% previously) due to a recovery in tourism to pre-pandemic levels and improvements in the agricultural sector following this year's drought. ... Read More

  • Analysis by Region - Emerging Markets - Dominican Republic

    ... believe activity has accelerated in H2 2023 due to monetary policy easing, record remittances, and double-digit growth in tourism activity. We expect this positive momentum will persist into H1 2024 given the lagged effects of ... Read More

  • Macro - Country Economic Forecasts - Curacao

    ... strength of domestic private investment in key industries such as utilities, real estate, and tourism. Still, we do not expect Curaçao's GDP to recover to its pre-pandemic level until 2027, later than the Caribbean average. Read More

  • Dominican Republic In-depth PEST Insights

    ... to support trend analysis. Synopsis Understand the political system in Dominican Republic through analysis of key figures in the country and governance indicators. Understand the economic situation in Dominican Republic through a balanced assessment of ... Read More

  • Analysis by Region - Emerging Markets - Barbados

    ... driven by a solid but slow tourism recovery. We forecast tourist arrivals will grow by 27% in 2023, down from 46% in 2022. We don't expect tourism to recover to the 2019 rate until 2026. Read More

  • Analysis by Region - Emerging Markets - Puerto Rico

    ... 1.2% growth. Consumer spending and infrastructure projects, backed by federal funds, helped propel Puerto Rico to its strongest annual growth rate in two decades in 2022 at 3.5%, 0.5ppts higher than our estimate six months ... Read More

  • Analysis by Region - Emerging Markets - Trinidad and Tobago

    ... in 2022. Slower growth can be attributed to a less supportive economic environment with persistent inflation, tighter global lending conditions, and lower-than-expected oil and gas prices. We expect medium-term growth to gradually pick up in ... Read More

  • Analysis by Region - Emerging Markets - Haiti

    ... and social crisis. We expect Haiti's economy to be dragged down by private consumption and investment as gang control and high inflation weigh on households. In the unstable environment, authorities are trying to restore stability ... Read More

  • Analysis by Region - Emerging Markets - Aruba

    ... we expect the economy to contract this year because inflation will erase some of the nominal gains in consumption and investment. The tourism industry is expected to return to its pre-crisis level by early next ... Read More

  • Macro - Country Economic Forecasts - Grenada

    ... downwards, with the economy expected to grow 3.8% in 2022, as adverse global economic conditions bite. We see higher-for-longer global inflation dampening demand for Grenada's tourism sector. Meanwhile, higher inflation will make consumers more cautious. Read More

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