Caribbean Economic Review and Forecast

The Caribbean Development Bank (CDB) has published its 2016 Economic Review and 2017 Forecast for its Borrowing Member Countries (BMCs). The report shows that the aggregate growth rate among BMCs has been on a downward trend from 1.5% in 2014 to a contraction of -0.9% in 2016. This appears to have been fueled primarily by the large economic contractions in Suriname and Trinidad and Tobago (T&T), particularly the respective -9% and -5% growth rates for 2016.

With the exception of Suriname, T&T, Belize and Saint Lucia all BMCs experienced low to moderate growth for 2016.

Further Fiscal and Monetary analysis can be found in the report.


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The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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