Friday, August 10, 2007

Top 10 richest countries in the Caribbean

I came across an article on Caribbean Net News about the top 10 richest countries in the Caribbean, and I went across to check out Canadian website Aneki.com, who compiled the rankings.

The rankings are based on each country's Gross Gross Domestic Product (GDP) per capita. GDP is the monetary value of all the finished goods and services produced within a country's borders in a specific time period, and is usually calculated on an annual basis.

It includes all of private and public consumption, government outlays, investments and exports less imports that occur within a defined territory.

The Top 10 are:

10. Grenada ($ 3,900 GDP per capita)

St. Georges
www.destination360.com

9. Cuba ($ 3,900 GDP per capita)

Havana
www.destination360.com

8. Jamaica ($ 4,600 GDP per capita)

Dunn's River Falls
www.ultimatetaxi.com

7. Saint Lucia ($ 4,800 GDP per capita)

The magnificent Pitons
www.cep.unep.org

6. Dominican Republic ($ 8,000 GDP per capita)

Property development
www.drliferealestate.com

5. Saint Kitts and Nevis ($ 8,200 GDP per capita)

The peninsula in south-east St. Kitts. Nevis is on the left.
http://en.wikipedia.org

4. Antigua and Barbuda ($ 10,900 GDP per capita)

English Harbour

3. Barbados ($ 18,200 GDP per capita)

Cattlewash, St. Joseph

2. Trinidad and Tobago ($ 19,700 GDP per capita)

Capital city Port of Spain by night
www.strangeattractor.org

1. The Bahamas ($ 21,300 GDP per capita)

Nassau Harbour
www.yellow-spings.k12.oh.us

64 comments:

Anonymous said...

Is Bermuda considered to be in this list? I know that often it is not considered to be in the Carribbean, but the average income in Bermuda is about 20,000-30,000 U.S. per family....pretty impressive.

Anonymous said...

CIA World FactBook
Puts T&T above Bahamas

https://www.cia.gov/library/publications/the-world-factbook/geos/td.html

Economy Trinidad and Tobago

GDP - per capita (PPP):
Definition Field Listing Rank Order
$21,700 (2007 est.)

Anonymous said...

The comment about Bermuda is worth some thought. I think by looking at the countries on this list that it portrays the richest independent countries in the Caribbean. Bermuda's citizens are undoubtably very wealthy but are not independent. The same applies for the Cayman Islands.
On another note, I am from Trinidad. There are certainly more wealthy people in Trinidad, and many times over that in Bermuda. But there are also some very poor people. All the figure represents in an average of the rich and the poor as well as the resources being exploited.

Anonymous said...

And what about the French Caribbean ? Indeed, Martinique and Guadeloupe have a GDP per capita that reaches 20 000 US$ !

Anonymous said...

i am from the bahamas and i think it is fine how it is and maybe the french caribean arent there because their under the french

Anonymous said...

I highly doubt that people in Trinidad have a higher income than people in Bermuda. Even though Bermuda is not in the Caribbean it ranks third above other countries GDP. So obviously Bermuda tops Trinidad and other Caribbean country.

Anonymous said...

Bermuda is not part of the Caribbean, so no point in having that discussion.

Anonymous said...

trinidad and tobago is now the richest country in the caribbean because obama and 32 other leaders came to the island for the 5th and most likely last summit of americas

Anonymous said...

What about the British Virgin Islands does this ranking only apply to Dependant countries?

Amin said...

"Bermuda is not part of the Caribbean" ok then, so neither is the Bahamas. For those who haven't been here, geographically, no Bermuda is not in the Caribbean, however, culturally, politically,and ethnicity, Bermuda is very much Caribbean.

Anonymous said...

i pretty sure that jamaica should be higher because it a pretty wealthy island.

Anonymous said...

this lists the ten richest independent countries. the richest country in the caribbean is actually the cayman islands then bermuda

Anonymous said...

Hate to burst your bubble, but Cayman is nowhere near as wealthy as Bermuda - Check your facts.

Anonymous said...

Jamaica shouldn't even been on the list they broke as hell! Trinidad and Tobago national airline which is caribbean airlines just bought out air jamaica~!

Anonymous said...

isnt cayman islands a overseas territory so they aint even independent.

Anonymous said...

i know the bahamas has always been richer than alot of the carribbean country, to tell the true i though one 1 TT dollar is like 8 or less to a u. s dollar, on the other the bahamain dollar is 1 usd 2 1 and the bahamas ppl there get paid a really good salary

Anonymous said...

trinidad and tobago is the envy of the caribbean. very rich country. we just bought out air jamaica.

Anonymous said...

Being born in the caribbean, i see a huge difference between these islands. first of all, Bermuda is very rich. Go there and check your facts. It is a British overseas territory, so not independent but incredibly profitable place. Cayman Islands to my knowledge is a major international financial centre so is the richest island. According to the CIA World Factbook, the Cayman Islands GDP per capita is the 12th highest in the world. although, it is also a British Overseas Territory like Bermuda. I agree Jamaica should not be part of the list... No comments!!! St Lucia is not too high up, just came back from there and it's so underdeveloped but extremely beautiful. I love Barbados...beautiful, developed, educated and rich. The best for a mix of authentic culture and progressive development. Trinidad's main export is petroleum, and only 5% of it accounts for employment. I don't see it at the top, for several reasons. It cannot progress that much because of political instability. Never close to being envied by others, even if Trinis are nice people.

Anonymous said...

thank you for posting this... every west indian loves to brag about their country. but men lie women lie... numbers don't.

Anonymous said...

Fist of all cayman islands is no where close 2 bermuda.., trinidad, is no where close to bermuda, lol, have u seen trinidad? An about st.lucia, is the no.1 one destination las time i checked, u prolly visit, up in the mountains, lol, u wana c undevelop? Visit grenada, barbados is also gorgous..

Natalie said...

Bermuda has a high GDP but it is not a caribbean island bec it is not located in the latitude and longitude of what is called the c'bbean. So geographically it is not C'bbean. Also Trinidad does not have political instability! Where did that person get that fromv

Anonymous said...

I DONT THINK JAMAICA SHOULD BE THAT LOW ON THE LIST AS IM JAMAICAN AND KNOWS HOW WEALTHY JAMAICANS ARE ON A WHOLE... ST KITTS IS NOT AS WEALTHY AS JAMAICA IT THEY ARE RANKED HIGH UP... BASED ON MY EXPERIENCES AND VISITING ALL THESE ISLANDS I KNOW... FROM EXPERIENCE THAT SOME OF THESE RANKS DONT RING TRUE..

Gabby said...

i am a proud jamaican these lists dont even tell the truth ive visited quite of few of these lists and they all tell me different results so i think every1 should stfu jamica is buetiful

Anonymous said...

It is not about whose's country has better geographical landscape or how politically stable the island is. it's just the island's national income/revenue is calculated from all sectors in the economy and who has the highest GDP. And yes Bermuda may not be a part of the caribbean geographically, it is an associate member CARICOM and can be counted.

Anonymous said...

Trinidad didnt buy out air jamaica they least it for 50 million US dollars.The jamaican government still has 16.25 percent shares in air jamaica and can terminate the least at any time without any penalties or notice...check ur facts

yankee boy said...

Trinidad did not least anything (AIR JAMAICA)....and jamaica has little or no say nor can they terminate anything and yes you are right Jamaica does have a 16%share in the airline but this was a move by the T&T government to pacify the Jamaican people...Trinidad owns AIR JAMAICA there's no such thing as leasting an airline,Jamaica had no choice but to get rid of the airline which was part of the IMF terms and conditions...you get your facts straight!!!!!!!

Anonymous said...

bermuda can't be on the list because they aren't consider to be part of the caribbean neither do they consider themselves to be part of it.Jamaica is a very poor country and statistics has proven that.Nice blog though

Amin said...

bermuda can't be on the list because they aren't consider to be part of the caribbean

How can we (Bermuda) be a MEMBER of Caricom and not consider ourselves a part of the region? That's sort of dumb?

Anonymous said...

Anonymous said... Why fuss about what island has more money, we are all one caribbean,one love ,one heart,

Anonymous said...

trinidad i goin to drop drastically because there oil reserves are slowly finishing.

Anonymous said...

aruba is 21,800 dollars gdp per capita, so why are they not in the list?

Anonymous said...

jamica is still the most beautiful country in the caribbean check it everry superstar try to talk like jamaican sumtime

Anonymous said...

I think this list includes only the GDP from independent countries.
But there appears to be some confusion here. Someone pointed out what the GDP of a country represents, yt the figures I see are quoted as PER CAPITA INCOME.

I dont know... but are they the same thing??????
Anonymous

Anonymous said...

why are you people so cheap in mind??? we are all caribbean people so stop acting like your contry better than any other, i am rom trinidad and i love jamaica , i love antigua and i loveeeeeeeeeeeeeee the rest of the islands...

Anonymous said...

ahhhhh.....this was interesting...i'm trinidaian and trinidad and tobago is a rich country.....apart from buying the airlines....we have the oil and tourism(well tourism for tobago cause amyone who has been to the country wud say trnindad is industrial, tobago is tourism nice beaches and everything)....and all though ppl say we r going to run out of oil someday i think the oil will stick aroung for a while....but mainly we don't have to be rich as in money we are rich in culture and that's what makes trinidad and tobago wealthy

island yute said...

jamiaca may not be the richest country in the caribbean but it is certainly the most influential. Change the name of the airline to T&T airlines and see what happens

Anonymous said...

people on here are so so sad,why is there always a competative way in doing things ?let me squash this 1.its cayman islands 2.bermuda is second although they dont belong to caricom 3.BARBADOS(yes im from there)4.trinidad(and i will like to ask trini's this question,why you all in every body business and under curfew and cant fix your planes ?)curse all you want i dont care and actually ummm AIR JAMAICA is a lease to trinidad(you can lease anything that have value) !5 where my jamaicans at ? i love jam rock and trust me they have some huge houses down there,6,antigua and barbuda,7.saint kitts and nevis now i typed this based on my family that lives in these islands and on what i saw you dont need "obama"to tell you this on a piece of paper,its common sense most of the time,its like you say you want to be a doctor you dont need someone too tell you,you have to go to medical school,but all in all i love the caribbean

Anonymous said...

Statistics can be viewed subjectively/objectively. If u go 2 da islands u get a much different picture. U must all remember that 9/10 of da respective populations are poor souls (majority). So no need of showing off

Anonymous said...

Jamaica does'nt have oil nor asphalt (almost infinite). God bless da little we have + we share amongst 3 million souls da smaller islands share their massive wealth amongst roughly 300 000 souls. So Jamaica in da circumstances is doing well, God bless our souls.

Anonymous said...

im from jamaica ,and jamaica cant be on the list poverty is about en times more than the other countries thats on that list,the only 3 countries that any one can vouch for is trinidad bahamas, and barbadoes, sorry cayman and bermuda are still british overseas territories if you guys understand what that means.

Anonymous said...

I think the point has been missed. The question was which Caribbean country is the largest? We need to stay with the facts and stop being personal about who is who. We are all Caribbean and black people. Don't stray from the point in question. One Love! Jamaican living in TCI

Brooklyn said...

UNITE black people. All Caribbean islands are beautiful in it own way. Trinidad or barbados can't be Jamaica, and Jamaica can't be Barbados or Trinidad and so forth.

Anonymous said...

Unite black people we are all island people

Anonymous said...

Bermuda is the THIRD RICHEST COUNTRY IN THE WORLD. So obviously, unless any of these other countries have a GDP per capita higher than $69,900, Bermuda should be at the top of the list. Bermuda is a member of CARICOM and therefore is a part of the Caribbean- not geographically, but politically.

Please look at your facts before posting ignorant arguments.
http://en.wikipedia.org/wiki/Bermuda

Anonymous said...

my friend I do not know where you studied geography, but clearly the Bahamas is in the Carribean thank you ery much.....

anonymous said...

Saint lucia's ranking rings true and so does the other rankings seen on list...i live in the caribbean and so can vouch for it....as for saint lucia being so underdeveloped...u were probably living in the bush when u were down there

anonymous said...

I agree with the above listings and as I live in the caribbean and travel quite a bit I can therefore vouch for the above...as for saint lucian being underdeveloped I agree with the other person u were probably staying in the bush

Anonymous said...

Cuba made this list. Therefore, it is null and void for any credibility.

Anonymous said...

Have you ever seen the americans bebate about which state is the richest? people you all are embarrassing. we all are (one) Caribbean and heaven forbid, in the event of a natural disaster, none of this bragging rights will matter.

Anonymous said...

Am am from Trinidad and am not competing against any other country with respect to wealth but am merely saying that Trinidad is a very wealy country. We Hosted the fifth summith of the Americans which was deemed to be a very very expensive event,hundreds of millions of dollars were pumped into this event.apart from that our government assistance grants are alot and if you look at the city port of spain, billions of dollars went into the development of our water front.

Anonymous said...

Don't you see that people from many of the islands are commenting not only Trinidadians. So howcome it's only Trinidadians who 'up in everybody business'. This discussioon is moot anyway. We should seek to look after eachother in the Caribbean, not tear eachother down.

Anonymous said...

I'm from T&T and we are the richest country in the caribbean, end of topic.

Libertine said...

I'm simply wondering what the outcome of this semi-(and sometimes too)emotional debate about who is better than who in the Caribbean is supposed to be. At the end of the day what's the benefit? People sit up in forums and on blogs and throw low blows and politicians continue to call the shots. Fortunately, in some countries politicians are held accountable and transparency is the order of the day, so those countries continue to benefit and to grow. In others, a stroke of a pen means a richer politician and another hungry child. What's the benefit of running up in here like school children and arguing "we're richer", "we're the envy", "you're underdeveloped", "you're not in the Caribbean, "why are you on the list?"?

benjamin grant said...

have you seen certain parts of trinidad doesnt even look like a island looks like fucking AMERICA

Anonymous said...

very nice post i really like it it gives me alot of information....... richest country in the world

Steve said...

That's pretty cool@ burj khalifa

Anonymous said...

Haters gona always hate. At the end of it numbers talk and if it says Trinidad has money well then so be it. why other caribbean countries always hating on us? because of what? when the other caribbean countries are in need of money or something, who always helping them? TRINIDAD AKA the caribbean credit card. we are all fromthe west indies at the end of it. show love not hate.

Anonymous said...

I live in canada I live among trini, Bajan, Lucian, Grenadian, every Island you name it...we all face it rough.. .canada GDP is about 69,000 and we jamaican, trini. Lucian face it hard but would still consider canada number 1 for having GDP. Reality is we should help each other and live as one. My wife says she is rich but doesn't have a job. rich in blessings.

Anonymous said...

Check the facts richest and GDP is about the government. The government is poor it's the cooperation that has the money...lots of it.....jamaican business man Michael lee chin, Gordon butch Stewart and bob marley are billionaire the only billionaire in the Caribbean they account for 90 per cent of all the money in the caribbean...not to mention all the entertainers that are multi millionaires that is not considered in this government propaganda

linda merchette said...

The truth is Trinidad and Tobago, is the riches country in the Caribbean, if its based on our exports of natural recourses Like Crude Oil and Natural gas. Because these commodities are unique to Trinidad in the Caribbean, along with tar. I live in America and it considered the riches country in the world, yet they to have poor very poor people.

Anonymous said...

Bermuda is a British overseas territory. Let them separate from the British and see how fast that GDP goes down. STUEPS. Yall stay pressed. Trinis rich. Bahamians rich. good night.

Anonymous said...

For those who do not know:

Bermuda is a British Overseas Territory. Let them separate from Britain and see how fast that GDP per capita declines. Trinidad is Rich. Bahamas is Rich. Yall can stay pressed. Have a Good night.

Anonymous said...

The Bahamas is not geographically in the Caribbean because it's located in the Atlantic Ocean. You obviously were not schooled very well

Anonymous said...

just came across these comments and i think most of you are like little children.These islands are in so much danger and you don't even know it.There is a volcanic island out in the atlantic that has half of it which is a mountain about ready to fall into the ocean: and when it does there will be a wave twice the size of the one that hit japan. So all your little flat island and your so call developed economies could be wiped out.Sad to say most of these populations could be lost.