Dependent on economic trends in either oil and commodities or tourism, Caribbean economies grew at varied rates in 2017. The Dominican Republic expanded at a rate of 4.5%, while Trinidad and Tobago remained in recession, according to the World Bank.
Of the 20 full and associate members of the Caribbean Community (Caricom), which promotes regional integration, 16 countries are represented in The Banker’s ranking, though non-member the Dominican Republic is excluded from them.
