Clearing the Hurdles - Key Issues Affecting Caribbean Private Sector Competitiveness

What’s happening in the Caribbean? The Productivity Challenge

Lower Real GDP Growth

In the early seventies real GDP per capita was four times higher than rest of small economies (ROSE). Today it is less, i.e. 0.9, and forecasted to fall further. (Ruprah and Sierra 2014)

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Real GDP per capita relative to ROSE

140

Forecast

120

Good

100

Bad

80

60

Caribbean-C

40

Caribbean-T

C6

20

OECS

0

1971

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1997

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2017