Caribbean economic growth

Barbados made history on November 30, 2021 becoming the world’s newest republic as Dame Sandra Mason was inaugurated as President. The Omicron variant emerged just days before, testing the region’s tourism recovery momentum.

October 2021 marked a turning point for Caribbean tourism reopening, with Jamaica, Barbados and the DR leading a broad property market revival driven by diaspora and digital nomad demand.

Barbados announces its historic transition to a republic, Caribbean tourism continues its Q3 2021 recovery, and the digital nomad economy reshapes property demand across the islands.

Caribbean vaccination campaigns accelerate through June as travel corridors open for vaccinated visitors, property markets demonstrate resilience, and the Cayman Islands signals a historic reopening for vaccinated travellers.

One year into the COVID-19 pandemic, we assess the full extent of Caribbean economic contraction, the Dominican Republic’s outperformance, Guyana’s oil-fuelled exception, and a property market that defied predictions with unexpected resilience.

One year after COVID-19 upended Caribbean tourism and economies, we assess the region’s property market performance: GDP contractions documented, Dominican Republic’s remarkable resilience noted, and property prices holding against all expectations.

As 2020 draws to a close, the Caribbean confronts the full scale of tourism collapse while property markets show surprising resilience. We review the year’s damage and the vaccine hope on the horizon.

Caribbean destinations remain open as the global coronavirus situation develops in Asia and Europe. Trinidad Carnival 2020 concluded successfully, while tourism officials monitor emerging health concerns.

Caribbean 2020 opens with remarkable confidence — Guyana’s historic first oil celebrated, a record-breaking 2019 tourism year reviewed, housing markets holding firm, and Trinidad’s Carnival season building toward its February crescendo.

Guyana achieves its historic first oil on December 20, 2019 — a watershed moment for the Caribbean. We review a record-breaking 2019 tourism year and look to an optimistic 2020 with exceptional confidence across regional property markets.

Two months after Hurricane Dorian’s catastrophic assault on the Bahamas, reconstruction planning is taking shape while property insurance, resilience standards, and Caribbean hurricane risk come under intense professional scrutiny. Other island markets continue to perform strongly.

Hurricane Dorian’s Category 5 assault on the Bahamas — 185 mph sustained winds, $3.4 billion in damage, 70,000 displaced — marks the Caribbean’s worst property disaster since Maria. We examine the full scale of the loss and the shape of the reconstruction challenge ahead.

Caribbean summer 2019 tourism delivered strong results across the region — then, in the final days of our coverage period, Hurricane Dorian struck the Bahamas as a catastrophic Category 5 storm with 185 mph sustained winds. We report on the summer’s performance and this breaking disaster.

Caribbean spring 2019 opens with exceptional momentum — Easter tourism records across the region, Barbados one year into its IMF programme with encouraging progress, Guyana’s oil excitement building, and a residential property market buoyed by supportive interest rates and strong demand.

As 2019 gets underway, the Caribbean investment community assesses a landscape shaped by Barbados’s new IMF programme, rising US interest rates, continuing post-hurricane reconstruction, and the imminent prospect of Guyanese first oil. Jamaica’s macroeconomic success provides the region’s most encouraging template.