Expense in Caribbean Small States
Caribbean Small States: Expense was 28.3% in 2017. ▲ Rising
Expense in Caribbean Small States, 2001–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Caribbean Small States is 28.3%, measured in 2017. That is the highest value across all 17 years on record.
That represents a change of up 0.5% on the previous year and up 32.9% over ten years.
Over the whole period, expense in Caribbean Small States peaked at 28.3% in 2017 and was at its lowest, 19.7%, in 2003.
Caribbean Small States ranks 12th of 24 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Expense in Caribbean Small States, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2001 | 19.7% | — |
| 2002 | 20.3% | +2.8% |
| 2003 | 19.7% | -3.1% |
| 2004 | 19.9% | +1.3% |
| 2005 | 20.1% | +1.2% |
| 2006 | 23.9% | +18.8% |
| 2007 | 21.3% | -11.1% |
| 2008 | 23.0% | +8.0% |
| 2009 | 27.5% | +19.7% |
| 2010 | 25.9% | -5.7% |
| 2011 | 24.2% | -6.8% |
| 2012 | 25.0% | +3.6% |
| 2013 | 25.4% | +1.7% |
| 2014 | 26.1% | +2.7% |
| 2015 | 27.8% | +6.2% |
| 2016 | 28.1% | +1.2% |
| 2017 | 28.3% | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.7% | 19.7% | 27.5% | 9 |
| 2010s | 26.4% | 24.2% | 28.3% | 8 |
Countries ranked near Caribbean Small States
More economy & growth data for Caribbean Small States
- Manufacturing, value added 6.6% (2024)
- Services, value added 2.5% (2024)
- Services, value added 41.90 billion constant 2015 US$ (2024)
- Services, value added 47.22 billion current US$ (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9292 current US$ per US$ of GDP (2025)
- Industry (including construction), value added 37.0% (2024)
- Industry (including construction), value added 30.8% (2024)
- Industry (including construction), value added 33.32 billion constant 2015 US$ (2024)
- Industry (including construction), value added 33.45 billion current US$ (2024)
- GDP (constant 2015 US$), per unit of GDP 0.9604 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is expense in Caribbean Small States?
- Expense in Caribbean Small States was 28.3% in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Caribbean Small States?
- The highest recorded value was 28.3% in 2017.
- What is the lowest expense recorded in Caribbean Small States?
- The lowest recorded value was 19.7% in 2003.
- How does Caribbean Small States rank for expense?
- Caribbean Small States ranks 12th out of 24 groups with data for 2017.
- Is expense rising or falling in Caribbean Small States?
- Over the last ten years it is up 32.9%. The long-run trend across the full record is rising.
- Where does this Caribbean Small States data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.