Inflation Across CARICOM: A 2025 Snapshot

Most member states kept inflation under 5% in 2025

CARISTATS: Inflation across CARICOM varied in 2025, though most member states maintained price stability under 5%.

According to IMF estimates, St. Lucia recorded the region’s lowest inflation at 0.4%, followed by The Bahamas at 0.5%. Grenada, Belize, Trinidad and Tobago, St. Kitts and Nevis, and St. Vincent and the Grenadines all came in under 2.5%.

Mid-range performers included Barbados (2.3%), Dominica (2.8%), Antigua and Barbuda (3.5%), and Guyana (3.6%). Jamaica recorded 4.2%.

At the upper end, Suriname posted 9% inflation – elevated but a marked improvement from the 50%+ levels seen in 2021–2022. Haiti remained an outlier at 27.8%, reflecting ongoing political and humanitarian instability.

For consumers and businesses across the region, the data signals a return to relative price stability, a notable shift from 2022, when several economies recorded rates two to three times higher.

Source: IMF World Economic Outlook, October 2025