ANNUAL NEWS CONFERENCE
2025
Economic Review 2024 & Outlook 2025
CDB Borrowing Member Countries Economic Performance in 2024 Fiscal outturn: Mostly positive.
Regional Growth: Excluding Guyana slowed to
Regional Debt-to-GDP:
declined to 50.9% compared with 55.6% in 2023.
down from
2.5%
1.7% in 2023 With Guyana
15
Service exporters:
8.8%
of CDB’s BMCs surpassed prepandemic real output levels.
Grew by 1.6% in 2024 down from 2.8% in 2023.
5
countries received upgrades to their sovereign credit ratings: Anguilla, Barbados, Belize, Jamaica, and Suriname.
Rising import payments dampened tourism gains in most BMCs' external current accounts. Many BMCs reported primary surpluses. Foreign exchange reserve positions: Remain healthy. Financial sector: Broadly stable. Inflation: Continued to ease from 2022 peak. Unemployment: Declining rates.