Worse-Than-Cyprus Debt Loads Mean More Caribbean Restructurings

Worse-Than-Cyprus Debt Loads Mean More Caribbean Restructurings

Prakash Singh/AFP via Getty Images

The average debt for a Caribbean nation compared to the size of its economy stands at 70 percent, with Jamaica and three other countries above the 93 percent ratio that forced Cyprus to seek a European Union-brokered bailout last month, according to the International Monetary Fund.