ECCB 2025-2026 Annual Report

EASTERN CARIBBEAN CENTRAL BANK ANNUAL REPORT 2025 - 2026

Organisational Effectiveness and Development D uring the 2025–2026 financial year, the Bank made significant strides in strengthening organisational effectiveness through enhanced statistical capacity, deeper stakeholder

Collaboration with regional and international partners remained central. Engagements with CARTAC supported capacity building, data gap resolution, and improvements in national compilation systems. A regional workshop on Trade in Goods in June 2025 enhanced data quality, classification practices, and reconciliation between customs and Balance of Payments (BOP) statistics. The Bank also continued its collaboration with the OECS Commission and the United Nations Conference on Trade and Development (UNCTAD), under the project “Strengthening Capacity for Evidence-Based Policymaking and the Economic Resilience of CARICOM”. This work will support the development of Trade in Services statistics, including improvements in survey instruments, data processing, and the use of statistical tools to enhance the measurement of services trade. As part of this project, the ECCB participated in missions with the UNCTAD to the Commonwealth of Dominica and Grenada to test-launch the survey tool. The Bank, as a repository for real sector data, focused on the collection of data from the member countries. The revision of the Gross Domestic Product (GDP) estimates for 2025 and forecasts for 2026 to 2027 continued as a collaborative effort with the institution and member countries. In-country GDP compilation missions resumed in July 2025, commencing with four countries: Anguilla, Antigua and Barbuda, the Commonwealth of Dominica, and Saint Christopher (St Kitts) and Nevis. Those missions provided significant benefits, including improved data quality and validation through direct engagement with data providers, enhanced understanding of country-

engagement, strengthened risk management practices, and continued investment in human capital development. These efforts collectively support the Bank’s strategic objectives and its commitment to fostering resilience, innovation, and sustainable growth across the ECCU. Strengthening Statistical Systems and Data Governance The Bank advanced the compilation, analysis, and dissemination of external sector statistics for the ECCU. Key outputs included the completion of external sector statistics for 2024, the production of estimates for 2025, and forecasts for 2026– 2027. In-country compilation missions conducted between July and November 2025 across member countries facilitated comprehensive data validation, improved stakeholder engagement, and strengthened data coverage. The resulting datasets were disseminated on 31 December 2025 via the Bank’s website and the IMF’s Integrated Collection System (ICS), in accordance with the Advance Release Calendar. The Bank further strengthened its publication outputs with the release of the External Sector Statistics Report 2024, complemented by an infographic to enhance accessibility for the general public. Additionally, revisions to Balance of Payments (BOP), International Investment Position (IIP), and Trade in Services statistics were completed and disseminated in March 2026, incorporating updated administrative data.

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