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IMF Projects Economic Slowdown For Antigua-Barbuda In 2025 | RJR News - Jamaican News Online

IMF projects economic slowdown for Antigua-Barbuda in 2025

10:29 pm, Sat October 26, 2024

The International Monetary Fund says Antigua & Barbuda's economy looks set to experience a slowdown in growth and debt levels continue on a downward trend in 2025.

The IMF says Antigua & Barbuda's real GDP growth is expected to slow to 3.5 per cent in 2025, down from the 5.8 per cent, projected for 2024.

This places Antigua & Barbuda behind several other Eastern Caribbean states, such as Grenada, Dominica, St Vincent & The Grenadines, and St Kitts- Nevis.

Guyana continues to lead the region with a projected growth rate of 14.4% for 2025.

That country's trade balance is also projected to improve slightly, with the trade deficit expected to narrow from 10.5% of GDP in 2024 to 9.8% in 2025.

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