The Caribbean Emerges As A Global Economic Growth Leader For 2025

News Americas, New York, NY, January 13, 2025: The Caribbean region, including oil-rich Guyana, is poised to surpass many global economic giants in 2025, according to the United Nations’ World Economic Situation and Prospects report. With a remarkable projected growth rate of 6.1%, the Caribbean is set to be one of the world’s fastest-growing regions, outpacing economic powerhouses such as the United States, Canada, and the European Union.

Guyana’s thriving oil economy is leading Caribbean growth.

The Caribbean’s Economic Momentum

The report attributes the region’s remarkable growth to several factors, including:

Robust household spending

Easing monetary policies

Tourism sector

Even when excluding Guyana, the region is still forecast to grow at 2.5%, a rate significantly higher than the 1.3% projected for the European Union and the 1.9% forecast for Mexico and Central America.

Guyana’s Role in the Caribbean’s Surge

Guyana, bolstered by its thriving oil sector, is projected to grow by an extraordinary 15.5% in 2025, further driving the region’s overall performance. The Caribbean’s other countries also show promising growth rates:

Belize: 4.0%

Suriname: 3.5%

Barbados: 3.0%

The Bahamas: 2.0%

Jamaica: 2.0%

Global Comparisons

The economic growth forecasts for other regions paint a stark contrast:

United States: 1.9%

Canada: 1.8%

European Union: 1.3%

Mexico and Central America: 1.9%

Caribbean’s Growing Economic Significance

The Caribbean’s strong performance reflects a combination of improved private consumption and favorable economic policies, setting it apart in a year where many global economies face modest growth.

This data solidifies the Caribbean’s growing role as a leader in global economic resilience, with Guyana spearheading the region’s impressive trajectory for 2025.

SEE CURRENT INVESTMENT OPPORTUNITIES IN THE CARIBBEAN

Dominican American Influencer Killadamente Dead At 27

News Americas, New York, NY, January 13, 2025: Dominican American influencer Carol Acosta, widely known as “Killadamente,” has passed away at the age of 27. Acosta, whose life was marked by modest beginnings, inspired millions with her messages of self-love and body positivity.

FLASHBACK -Killadamente arrives at Roc Nation’s Roc da Court all-star basketball game benefiting the Boys & Girls Clubs of Southern Nevada at Tarkanian Court on April 24, 2019 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)

As a young girl growing up in Newark, New Jersey, Acosta faced bullying about her weight and navigated a chaotic home life. However, she transformed those challenges into an uplifting online presence, becoming a voice for self-acceptance and anti-bullying. Her vibrant personality and relatable humor resonated deeply, especially among the Dominican diaspora.

Acosta passed away on January 3, according to her sisters, Katherine and Katyan Acosta. The cause of her death remains unclear, though social media posts suggest she suffered a medical emergency before being hospitalized. She is survived by her two young children.

Known for her online persona “Killadamente,” Acosta gained a following of 6.7 million on Instagram, where she shared messages of empowerment, showcased bold fashion choices, and spoke out on issues like domestic violence and mental health. Her 2017 anthem “Me Amo y No Me Importa” (“I Love Myself and I Don’t Care”) encapsulated her mission to inspire others to embrace self-love unapologetically.

Friends and fans, including Dominican American model Denise Mercedes, celebrated Acosta as a trailblazer who broke beauty stereotypes and used her Spanglish content to connect authentically with her audience.

“She reached her goals and inspired so many of us to love ourselves,” said Evelyn Calle, a childhood friend.

Though her life was humble, her legacy is anything but, leaving an indelible mark on her community and beyond.