The Caribbean region is positioned for substantial economic expansion in 2026, with the World Bank’s latest Global Economic Prospects report indicating a collective growth rate of 5.8%. This impressive regional performance is primarily driven by Guyana’s extraordinary economic surge, projected at 23% as its oil and gas sector continues its rapid development.
Even excluding Guyana’s exceptional numbers, the Caribbean demonstrates remarkable stability with a solid 3.1% growth forecast. Multiple economies are contributing to this positive outlook, with Dominica and Grenada both expected to expand by 3.4%, closely followed by Suriname (3.3%) and Trinidad and Tobago (3.2%). St. Vincent and the Grenadines complete the upper growth tier with a projected 2.9% increase.
Tourism-dependent nations are maintaining steady progress, with Belize anticipated to grow at 2.4%, St. Lucia at 2.3%, and Barbados at 2.0%. While Jamaica (1.7%) and The Bahamas (1.2%) show more modest growth projections, they continue positive economic trajectories. Haiti’s forecast of 2.0% growth remains surrounded by significant uncertainty due to ongoing challenges.
The comprehensive data from the World Bank’s June 2025 assessment reveals a region establishing firm economic footing with substantial potential for continued development and investment opportunities across multiple sectors.