Annual growth rate of real GDP per capita in Caribbean
Caribbean: Annual growth rate of real GDP per capita was 1.6% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Caribbean, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Caribbean recorded 1.6% for annual growth rate of real gdp per capita in 2024.
The figure is up 700.0% on the previous year and up 60.0% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Caribbean peaked at 4.2% in 2006 and was at its lowest, -9.3%, in 2020.
Caribbean ranks 22nd of 37 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Caribbean, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.1% | — |
| 2001 | 2.8% | -9.7% |
| 2002 | 1.0% | -64.3% |
| 2003 | 1.0% | +0.0% |
| 2004 | 2.5% | +150.0% |
| 2005 | 2.9% | +16.0% |
| 2006 | 4.2% | +44.8% |
| 2007 | 2.6% | -38.1% |
| 2008 | 0.5% | -80.8% |
| 2009 | -1.6% | -420.0% |
| 2010 | 0.9% | -156.2% |
| 2011 | 0.9% | +0.0% |
| 2012 | 0.8% | -11.1% |
| 2013 | 1.2% | +50.0% |
| 2014 | 1.0% | -16.7% |
| 2015 | 1.8% | +80.0% |
| 2016 | 0.2% | -88.9% |
| 2017 | 0.1% | -50.0% |
| 2018 | 0.6% | +500.0% |
| 2019 | 0.9% | +50.0% |
| 2020 | -9.3% | -1133.3% |
| 2021 | 4.1% | -144.1% |
| 2022 | 3.4% | -17.1% |
| 2023 | 0.2% | -94.1% |
| 2024 | 1.6% | +700.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | -1.6% | 4.2% | 10 |
| 2010s | 0.8% | 0.1% | 1.8% | 10 |
| 2020s | -0.0% | -9.3% | 4.1% | 5 |
Countries ranked near Caribbean
More economy & growth data for Caribbean
- Gross Domestic Product, GDP in millions constant 2021 international $ 828,667 (2027)
- Gross Domestic Product — Value US$ 592,877 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 64,099 million USD (2024)
- Gross Domestic Product — Value US$ per capita 13,606 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 8,773 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 382,272 million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.85 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 6.36 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 0.3236 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 16.77 % (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Caribbean?
- Annual growth rate of real gdp per capita in Caribbean was 1.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Caribbean?
- The highest recorded value was 4.2% in 2006.
- What is the lowest annual growth rate of real gdp per capita recorded in Caribbean?
- The lowest recorded value was -9.3% in 2020.
- How does Caribbean rank for annual growth rate of real gdp per capita?
- Caribbean ranks 22nd out of 37 groups with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Caribbean?
- Over the last ten years it is up 60.0%. The long-run trend across the full record is volatile.
- Where does this Caribbean data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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