By NAN Business Editor
News Americas, NEW YORK, NY, Fri. July 29, 2016: The U.S. State Department this week released the annual Investment Climate Statements for 2016, which also shows the US’ direct foreign investments in nations globally, including the Caribbean region. Here are the 10 Caribbean nations – ranked from most to least investments – which benefited from the most US investments as of last year based on NAN’s analysis:
In the number one spot, with US’ direct investment of US $269.3 billion is Bermuda. This was an increase by 0.7 percent from 2014.
2: British Caribbean Islands
In the second place on the British Caribbean territories with U.S. direct investment of US $257.3 billion in 2015, an increase of 6.2 percent from 2014.
Coming in at third on the top 10 list is Barbados with US foreign direct investment in 2015 totaling US $14.9 billion, an increase of 5.3 percent from 2014.
At fourth on the list is Curacao with U.S. direct investment in the island in 2015 put at US $5.7 billion. However, this was a decrease of 0.1 percent from 2014.
5: The Dominican Republic
Fifth on the top 10 list is the Dominican Republic which benefited from U.S. direct investment in 2015 of US $1.4 billion, an increase of 11.9 percent from 2014.
6: St. Lucia
Coming in at sixth on our top 10 list is St. Lucia, which saw U.S. direct investments in 2015 of US $230 million, an increase of 41.1 percent from 2014.
Ranking at seventh on the top 10 list is Jamaica, which saw U.S. direct investment in 2015 of US $204 million, an increase of 2 percent from 2014.
8: French Caribbean Islands
At eight on the top 10 list are the French Caribbean Islands which in 2015 saw U.S. direct investments of US $185 million, a whopping increase of 38.1 percent from 2014.
Ranking at ninth is Aruba which saw U.S. direct investment of US $82 million in 2015. However, this was a staggering decrease of almost 67 percent from 2014.
Rounding out the 10 ten is Belize, which saw U.S. direct investment in 2015 of US $34 million, an increase of 3 percent from 2014.