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Bahamas is richest country in the Caribbean

Travel_to_the_Bahamas-1From Guardian Media

According to the World Bank’s 2014 World Development Report, T&T isn’t the richest country in the Caribbean—not even close. That honour goes to the Bahamas, with a GDP per capita of $21,280, followed by Puerto Rico, which has a GDP per capita of around $18,000. T&T is third in those rankings at $14,400, followed by St Kitts and Nevis, which, despite being the smallest country in the region, has a per capita GDP of about $13,30, according to the World Bank data.

Barbados is ranked as “high income,” meaning a GDP per capita of at least $12,616. Cuba is ranked as upper middle income—between $4,086 and $12,615. Aruba, Curacao, the Cayman Islands, St Maarten, St Martin and the Turks and Caicos Islands are ranked as high income. No data was released on the Dominican Republic or Haiti.

For more on this story go to:

http://guardian.co.tt/business/2013-10-17/bahamas-richest-country-caribbean

 

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