ECLAC to release report on economic performance of Latin America and the Caribbean

The Economic Commission for Latin America and the Caribbean (ECLAC) says it will release its “Economic Survey of Latin America and the Caribbean 2022”, on Tuesday, August 23.

- Advertisement -

The UN organization said the report which will be titled “dynamics and challenges of investment to promote a sustainable and inclusive recovery” is one of the main annual economic reports where it takes stock of the economies of the region in recent months and updates its growth estimates for each of the countries this year.

The document, which has been published periodically by the United Nations regional commission since 1948, summarizes the performance of the regional economy in 2021 and analyzes its evolution for 2022. It will especially examine the role of investment in sustainable recovery and inclusion.

According to the report, the countries of Latin America and the Caribbean face a very complex economic and social outlook during 2022. It said added to the poor performance of economic growth are strong inflationary pressures, low dynamism in job creation falls in investment, and growing social demands.

“This situation has translated into important challenges for macroeconomic policy. The second part of the document examines the dynamics of gross public and private capital formation in the countries of the region. The detailed figures that account for these realities will be released during the launch,” ECLAC added.

It said, as usual, the economic survey will include individual notes on the economic performance of each of the Latin American and Caribbean countries in 2021 and the first half of 2022, as well as the respective statistical annexes, which will be available on ECLAC’s website (www.cepal.org) on August 23.

The information to be presented has been updated as of July 30, 2022, and the report will be released following a press conference on Tuesday.

CMC/

 

More Stories

Hurricane Melissa Jamaica

IDB and CDB partner to boost resilience in residential infrastructure for Caribbean families

Caribbean governments have begun coordinated efforts to retrofit existing homes against increasingly severe hurricanes, flooding, and other climate hazards. The initiative, announced last week...

Caribbean Development Bank appoints Gillian Charles-Gollop as Vice President

The Caribbean Development Bank (CDB) has appointed finance executive Mrs. Gillian Charles-Gollop as Vice President, Corporate Services, effective May 1, 2026. With more than 30...

KFC Jamaica reinforces Child Month support with JMD$1 million contribution amid focus on mental health

Restaurants of Jamaica, through its flagship brand KFC, has reaffirmed its commitment to the nation’s youth with a $1 million contribution to Child Month...
businesses

The rise of solopreneurship: Tools you need to succeed

Working solo used to mean working small. A one-person operation was, by definition, a limited one. That assumption no longer holds. The combination of...

CARICOM, Germany sign €31.9 million deal to advance regional development priorities

The Caribbean Community (CARICOM) Secretariat and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have formalised a new cooperation framework aimed at advancing key regional priorities,...
JN Foundation

JN Foundation honors 15 early childhood education pioneers in Jamaica

Fifteen educators, researchers, and academics have been recognised for their longstanding contributions to early childhood education in Jamaica during an awards ceremony hosted by...
Newly released Statin data shows Jamaica’s Q3 output at 5-year low

Caribbean growth slows in 2025 amid global pressures, CDB reports

Economic growth across the Caribbean slowed in 2025 as global uncertainty, climate-related shocks and structural challenges weighed on regional performance, according to the latest...

David Gibbons appointed CEO of PwC Caribbean Network

The network of PricewaterhouseCoopers (PwC) firms operating across the Caribbean has named David Gibbons as its next chief executive officer, effective July 1, 2026. Gibbons...

Corus International joins JN Foundation in hurricane recovery efforts

When representatives from the faith-inspired global organization Corus International arrived in Jamaica in April, their goal was clear: to support recovery efforts in action...
businesses

What is the best business to start in the Caribbean gateways?

Florida and the Caribbean have always shared more than sunshine and sea lanes. A steady flow of talent have turned their corridor into one...

Latest Articles