This section of our website is a compendium of on-line sources where economic statistics on Caribbean countries may be found. The data include an extensive list of economic variables, as well as a selection of other development indicators used in the compilation of the UNDP’s Human Development Index. We focus on the member countries of Caricom, and Aruba and the Netherlands Antilles (both non-Caricom members of the CCMF), although many sources contain data for most countries in the world, from which selections can be made for comparative purposes.
The Bank for International Settlements is an international organization which fosters international monetary and financial cooperation and serves as a bank for central banks.
The central banks all provide statistical information on their websites. They are useful supplemental sources to the IFS, where much of the same central bank data is presented in a form which makes for easy comparisons, and long series are available. Unlike the IFS, however, data from central bank websites is free of cost.
The Caricom Secretariat publishes on-line macroeconomic tables on aggregates including GDP, inflation, unemployment, trade and tourism. A nice feature of the Caricom tables is that they provide summaries for all of Caricom and for the Caribbean economic community.
The Caribbean Development Bank publishes the Social and Economic Indicators of Borrowing Member Countries. It is a useful supplement to the sources mentioned above. The most recent issue from the CDB is dated 2006.
The IDB provides solutions to development challenges in 26 countries of Latin America and the Caribbean, partnering with governments, companies and civil society organizations.
The IDB lends money and provides grants. It also offers research, advice and technical assistance to improve key areas like education, poverty reduction and agriculture. Our clients range from central governments to city authorities and small businesses.
The Bank also seeks to take a lead role on cross-border issues like trade, infrastructure and energy.
The International Labour Organization has on-line sources for employment and labour force data.
The International Monetary Fund produces a very useful monthly set of macroeconomic tables, the International Financial Statistics, with annual, quarterly and monthly data going back decades, for most of the Caribbean. Most series are kept up to date, and the IFS is the single most useful database publicly available anywhere. It is available only by subscription, however. Also available from the IMF by subscription are the Balance of Payment Statistics and the Direction of Trade Statistics. The IMF publishes free of charge on its website country reports, prepared by its staff which contain statistical data and charts, but data is presented only on an annual basis, and for a few years only. Also free of charge from the IMF are the World Economic Outlook and Indices of Primary Commodities, which are useful for background material, from the Caribbean point of view.
The websites of national statistical agencies are an important complementary source to the UNDP, UNECLAC, CDB, and the Caricom Secretariat, providing information that is not available on other websites (such as labour force details), production details not published elsewhere, and higher frequency of some information (such as quarterly GDP data). Coverage is very uneven across the Caribbean, however.
The United Nations Conference on Trade and Development promotes the development-friendly integration of developing countries into the world economy.
The United Nations Development Programme provides free of cost a comprehensive set of indicators of development used for the preparation of its annual Human Development Report. The indicators go well beyond the health and education indicators that go into the computation of the human development index (HDI), to include access to services, housing, gender equality, poverty and other indicators.
The United Nations Economic Commission for Latin America and the Caribbean publishes annual macroeconomic series with breakdowns which give additional detail to that provided by the IMF. They include the sectoral breakdown of nominal and real GDP, the breakdown of exports and imports by standard industrial trade category (SITC), the main elements of government revenue and expenditure, and the elements of the retail price index. No subscription is needed to access these data.
Brings UN statistical within easy reach of users; contains a variety of UN databases in an easily usable form.
The World Bank publishes on-line databases with a wide range of economic and social data, in a form which allows for inter country comparisons. They include the comprehensive World Development Indicators and Global Development Finance.