BID

COVID-19: Economic impacts
and prospects for the Caribbean

This second special edition of the IDB Caribbean Quarterly Bulletin offers an update of economic conditions in the region and focuses on important evolving issues, such as the social effects of the crisis. Download the new report and sign up to receive updates from our economic team.

Read this report to:

Understand the impact of
the COVID-19 pandemic
on the region’s key
macroeconomic indicators
suchas trade, balance of payments, and employment.

Learn about the social
impact of the crisis and
the prospects for recovery.

Obtain detailed analysis of
the economic situation
and perspectives for The
Bahamas, Barbados,
Guyana, Jamaica, the
Organization of Eastern
Caribbean States, Suriname
and Trinidad and Tobago.

Obtain detailed analysis of the economic situation and perspectives for The Bahamas, Barbados, Guyana, Jamaica, the Organization of Eastern Caribbean States, Suriname and Trinidad and Tobago.

Learn about the social impact of the crisis and the prospects for recovery.

Understand the impact of
the COVID-19 pandemic on the region’s key macroeconomic indicators suchas trade, balance of payments, and employment.

The Caribbean region has been relatively successful in flattening the infection curve of the coronavirus in their countries. But the economic situation is in a fragile state because of falling tourism and exports.

The social impacts have been significant. About
60 percent of low - income households reported a job loss in the household. There are important gender dimensions as well: job losses and nutritional outcomeswere worse for women,and some women reported an increase in domestic violence.