Caribbean Region Poised for Slow but Steady Economic Growth in 2025

Guyana Leads the Pack with 13.6% GDP Growth Forecast

The Caribbean region is set for slow but steady economic growth in 2025, with Guyana leading the pack at a projected 13.6% GDP growth, according to the Economic Commission for Latin America and the Caribbean, (ECLAC).

Excluding Guyana, the Caribbean is expected to grow by 2.6%, reflecting a modest expansion amid ongoing challenges such as slow job creation, high informality, and gender disparities in labor markets. With Guyana, growth is forecast to be 8.7 percent.

Caribbean GDP Growth Forecast 2025

Below is a breakdown of Caribbean countries by their projected GDP growth for 2025, ranked from highest to lowest:

Country	GDP Growth (%)
Guyana	13.6
Antigua and Barbuda	5.8
Saint Vincent and the Grenadines	4.7
Dominica	4.2
Belize	4.1
Grenada	3.7
Saint Kitts and Nevis	3.2
Barbados	3.0
Saint Lucia	3.0
Suriname	3.0
Trinidad and Tobago	2.5
Jamaica	2.2
Bahamas	1.7

ECLAC’s Recommendations

ECLAC highlights the need for economies to effectively mobilize financial resources, adopt policies that enhance productivity, and stimulate long-term investments in productive sectors to achieve sustained growth.

Outlook for 2025

As Caribbean nations focus on boosting resilience and fostering inclusive development, these growth rates reflect a cautiously optimistic outlook for 2025.

Conclusion

The Caribbean region is poised for slow but steady economic growth in 2025, with Guyana leading the pack at a projected 13.6% GDP growth. While the region faces challenges, ECLAC’s recommendations provide a roadmap for sustained growth and development.