Q1 2024 Caribbean FDI runs 18% ahead of 2023 as Jamaica’s Caymanas SEZ gains anchor tenants, DR’s Caucedo expands by US$120M, Barbados posts 3.8% growth and luxury villa markets hit record volumes.

Caribbean hotel investment commitments reached US$2.1 billion through May 2023 as St Kitts CBI records its strongest application month, Grenada advances three resort construction sites, and the 2023 Atlantic hurricane season opens with an above-normal NOAA forecast.

Caribbean inflation moderates from 2022 peaks as Jamaica BOJ holds rates, IDB commits US$200M to regional affordable housing, and construction costs begin to ease across the region.

IDB and CDB commit over US$400M to Caribbean infrastructure and housing as post-Hurricane Fiona reconstruction accelerates and Suriname’s IMF programme reaches a key milestone.

Six weeks after Hurricane Fiona struck Puerto Rico and the Dominican Republic, the Caribbean property insurance market faces 20–35% premium increases as reconstruction needs mount and CCRIF delivers rapid payouts.

Caribbean construction costs hit a 40-year high at 30–50% above 2020 baselines while diaspora remittances reach record levels and Guyana’s real estate market surges 60% on oil sector demand.

Caribbean inflation hit multi-decade highs in May 2022, with Jamaica above 11% CPI and construction costs up 30-50% from 2019 levels. The Fed’s aggressive rate hikes compounded affordability pressure on first-time buyers.

Caribbean economies post above-forecast GDP growth as tourism recovery accelerates, but Russia-Ukraine commodity prices strain budgets. Barbados completes a successful IMF programme review as Guyana’s oil expansion advances.

Oil reached $130 per barrel one month into the Russia-Ukraine war, hitting Caribbean energy budgets hard. But summer 2022 tourism bookings hit record levels as the first truly post-COVID Caribbean summer came into view.

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.