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Finance
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Guyana leads Caribbean foreign investment, ECLAC says, with the Dominican Republic second

By
Diligence Posts Editorial Team

The Dominican Republic received more than US 4.523 billion in 2024. The numbers appear in ECLAC's 2026 report, and a report by Nearshore Americas is the source of the details given here.

Latin America and the Caribbean as a whole received US$194.23 billion in foreign direct investment in 2025, ECLAC said. That is an increase of 1.7 per cent on the previous year. The commission described performance in the Caribbean as highly uneven, with inflows concentrated in a few economies. The totals refer to the wider region, and the source does not give a separate figure for the Caribbean alone.

Guyana was the outlier, accounting for about 5 per cent of total regional inflows on the back of its oil sector. The Dominican Republic ranked next among Caribbean countries, with about 3 per cent. The source does not make clear whether these shares are measured against the whole of Latin America and the Caribbean or against the Caribbean only, and readers should treat the comparison with caution until the report itself is checked. Guyana's investment remains dominated by oil. The Dominican Republic's is spread more widely.

Within the Dominican Republic, tourism took 26.3 per cent of incoming investment in 2025. Energy followed with 23.8 per cent and real estate with 15.7 per cent. Tourism and energy together accounted for more than half of the capital received. The source also says the country is drawing money into renewable energy, industry and export-oriented free zones that serve the US market, but it gives no shares for those areas.

Other Caribbean economies attracted far smaller amounts. The Caribbean Investment Agency, a private advisory firm, said this leaves foreign investment increasingly concentrated in a handful of markets. That view comes from the firm and is separate from ECLAC's data. The source does not say how much each of the other economies received.

ECLAC also reported how investment was divided by sector across Latin America and the Caribbean in 2025. Services accounted for 53 per cent, manufacturing for 31 per cent and natural resources for 16 per cent. For the Caribbean, the source says this keeps tourism, hospitality, financial and business services, logistics and technology among the main draws for foreign investors.

Several points are not covered. The source does not state Guyana's investment total in dollars, so the gap between Guyana and the Dominican Republic cannot be measured from the material available. It gives no figures for other Caribbean economies. It does not say how much of the Dominican Republic's inflow was new investment and how much came from reinvested earnings, a distinction that affects how the total is read. There is no forecast for 2026, and neither the Dominican nor the Guyanese investment agencies were quoted.

The report is a short account of an ECLAC publication and not original research, so every figure should be checked against the commission's report before use. The source rounds the 2025 Dominican total to "more than" US$5 billion, while giving the 2024 figure to the nearest million, which makes the exact growth rate worth confirming.

The data show a wide gap between a few leading recipients and the rest of the Caribbean. ECLAC's report is the source for the figures, and the commission has not yet been quoted on what lies behind the pattern.

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