The three fastest growing economies for 2019were Dominica (9.0 percent), Anguilla (6.3 percent) and Antigua and Barbuda(6.2 percent), the Economic Commission for Latin America and the Caribbeans(ECLACs) Preliminary Overview of Latin America and the Caribbean for 2019stated.

At the launch of the Preliminary Overview ofLatin America and the Caribbean, Sheldon McLean, the Coordinator of EconomicDevelopment Unit of ECLAC, Port of Spain, reviewed the macroeconomicperformance of the Caribbean economies in 2019 and outlined projections for2020.

His presentation summary stated that, somestrong growth increases as growth strengthened in the hurricane ravagedeconomies of Dominica and Antigua and Barbuda as reconstruction effortsintensified, foreign direct investments strengthened and the tourism industryrecovered with public sector investment support.

However, economic growth was subdued in 2019across most Caribbean economies due to the impact of fiscal austerity measuresin some countries and lack of investor confidence. The weighted average realgrowth in the region remained unchanged at 1.4 percent in 2019 relative to2018. Among the goods-producing economies, GDP growth is expected to be 1.2percent in 2019 (up from 0.8 percent in 2018), while the service-producingeconomies declined marginally to 1.7 percent (down from 1.8 percent in 2018).

With that being said, ECLAC declared that the 2014-2020 period will mark the lowest growth in the last seven decades for Latin American and Caribbean Economies.

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A&B named among the top three fastest growing economies in the Caribbean in 2019 - Antigua Observer