CARIFORUM and UK EPA Study

gt hr eo wv et hr yt rhei gn hd caonndcterna tdrea ti ni osne or vf isceersv si cuersp al uc st i wv iittihe st hi ne jruesstt tohf rtehee mwaoirnl de,coovneormt hi ees1, 2l e ydebayr tpheer iDo Rd ,, st he er vsems at lol eermt eprhr ai tsoi zr iee tshwe iot hv ienr aClAl Rv uI Fl nOeRr Ua bMi l, i wt yi tohf tt hh ee rreemg i aoinn. i nTghti ws iesl ve es pS et ac ti ae lsl yo ns ol y f aocr cmo uanntyi nogf feoqru iavpa lpernotxtiomlaetsesl yt h aonn e2-%t h iorfdt hoef UtKh’es gtrroasdses eirnv i cs ee sr veixc pe so r tcso. n d u c t e d r e g i o n a l l y , w h i c h i s

Figure 25: Total Trade in Services by the Top 5 CARIFORUM countries

10,000 12,000 14,000

- 2,000 4,000 6,000 8,000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Bahamas

Barbados

Dominican Republic

Jamaica

Trinidad and Tobago

Source: WTO Statistical Database. Among the top five CARIFORUM services economies, the Dominican Republic experienced the strongest overall growth rates for total services trade during the period, as indicated by Figure 25 above, while Barbados experienced the slowest average growth rate, with total services trade remaining virtually flat throughout the period. Trinidad and Tobago also experienced the single largest increase in the growth of its total si ne rt vhiacte ys et ar ar .d eT hi ni s2l 0e v1 e1l, oa ft tsrei br vuitceeds ttor aadne aws tarso snuosmt ai icnael dj uomv pe rotfhoevne er x5t3s0i x%y iena rs se, rwv iict ehsTi rmi npiodratds

Page 115 of 241