By NAN Business Editor
News Americas, NEW YORK, NY, Fri. Nov. 9, 2018: Ever wondered about the debt burden of nations in the Caribbean and what exactly that number is? Here’s the 411 on the 2017 debt to GDP ratio of most of these nation as reported by the International Monetary Fund in its October 2018 ‘Outlook for Latin America and the Caribbean,’ report.
Antigua & Barbuda – 86.8 percent of the GDP which was put at USD 1.5 billion last year.
Aruba – 86 percent of the GDP which was put at USD 2.6 billion last year.
Belize – 99 percent of the GDP which was put at USD 1.9 billion last year.
The Bahamas – 157.3 percent of the GDP which was put at USD 12.2 billion last year.
Barbados – 55 percent of the GDP which was put at USD 4.8 billion last year.
Dominica – 83 percent of the GDP which was put at USD 562.5 million last year.
Dominican Republic – 37.2 percent of the GDP which was put at USD 76 billion last year.
Grenada – 70.4 percent of the GDP which was put at USD 1.1 billion last year.
Guyana – 52.2 percent of the GDP which was put at USD 3.7 billion last year.
Haiti – 31.1 percent of the GDP which was put at USD 8.4 billion last year.
Jamaica – 101 percent of the GDP which was put at USD 14.7 billion last year.
St. Kitts & Nevis – 63 percent of the GDP which was put at USD 946 million last year.
St. Lucia – 71 percent of the GDP which was put at USD 1.7 billion last year.
St. Vincent & The Grenadines – 74 percent of the GDP which was put at USD 790 million last year.
Trinidad and Tobago – 42 percent of the GDP which was put at USD 22.1 billion last year.
Suriname – 69.3 percent of the GDP which was put at USD 3.3 billion last year.
