GDP Deflator — Value US$, 2015 prices, annual growth rate in Caribbean

Caribbean: GDP Deflator — Value US$, 2015 prices, annual growth rate was 3.67 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.67 % change on previous year
Change on year
down 73.4%
World rank
77th
of 222 countries
All-time high
17.57 % change on previous year
in 1974
All-time low
-10.07 % change on previous year
in 1985
Years of data
54
1971–2024

GDP Deflator — Value US$, 2015 prices, annual growth rate in Caribbean, 1971–2024

-1001020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator — value us$, 2015 prices, annual growth rate in Caribbean stood at 3.67 % change on previous year.

The figure is down 73.4% on the previous year and up 206.4% over ten years.

Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Caribbean peaked at 17.57 % change on previous year in 1974 and was at its lowest, -10.07 % change on previous year, in 1985.

That places Caribbean 77th out of 222 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

GDP Deflator — Value US$, 2015 prices, annual growth rate in Caribbean, year by year

Annual values for GDP Deflator — Value US$, 2015 prices, annual growth rate in Caribbean, 1971 to 2024.
Year % change on previous year Change
1971 7.58 % change on previous year
1972 9.19 % change on previous year +21.2%
1973 10.48 % change on previous year +14.1%
1974 17.57 % change on previous year +67.6%
1975 11.7 % change on previous year -33.4%
1976 2.68 % change on previous year -77.1%
1977 2.5 % change on previous year -6.8%
1978 6.31 % change on previous year +152.6%
1979 7.79 % change on previous year +23.5%
1980 11.06 % change on previous year +41.9%
1981 1.2 % change on previous year -89.1%
1982 5.12 % change on previous year +325.5%
1983 2.94 % change on previous year -42.6%
1984 1.8 % change on previous year -38.8%
1985 -10.07 % change on previous year -660.3%
1986 1.49 % change on previous year -114.8%
1987 2.44 % change on previous year +64.1%
1988 2.37 % change on previous year -3.0%
1989 3.99 % change on previous year +68.5%
1990 7.67 % change on previous year +92.2%
1991 -0.4906 % change on previous year -106.4%
1992 0.6534 % change on previous year -233.2%
1993 5.22 % change on previous year +699.1%
1994 9.51 % change on previous year +82.2%
1995 4.62 % change on previous year -51.4%
1996 -2.51 % change on previous year -154.4%
1997 1.49 % change on previous year -159.2%
1998 3.99 % change on previous year +167.9%
1999 1.52 % change on previous year -61.9%
2000 2.49 % change on previous year +64.1%
2001 2.94 % change on previous year +18.0%
2002 1.87 % change on previous year -36.3%
2003 -0.9977 % change on previous year -153.3%
2004 3.73 % change on previous year -473.8%
2005 10.4 % change on previous year +178.9%
2006 4.19 % change on previous year -59.7%
2007 5.6 % change on previous year +33.6%
2008 6.07 % change on previous year +8.5%
2009 -1.42 % change on previous year -123.4%
2010 3.41 % change on previous year -340.5%
2011 4.37 % change on previous year +28.3%
2012 1.68 % change on previous year -61.5%
2013 1.02 % change on previous year -39.5%
2014 1.2 % change on previous year +17.7%
2015 0.5706 % change on previous year -52.4%
2016 0.974 % change on previous year +70.7%
2017 2.92 % change on previous year +199.9%
2018 1.27 % change on previous year -56.5%
2019 1.17 % change on previous year -8.1%
2020 4.19 % change on previous year +259.1%
2021 8.1 % change on previous year +93.4%
2022 9.63 % change on previous year +18.8%
2023 13.8 % change on previous year +43.3%
2024 3.67 % change on previous year -73.4%

Biggest year-on-year movements

Years where GDP Deflator — Value US$, 2015 prices, annual growth rate in Caribbean changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1985 -660.3% 1.8 % change on previous year -10.07 % change on previous year
1993 +699.1% 0.6534 % change on previous year 5.22 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.42 % change on previous year 2.5 % change on previous year 17.57 % change on previous year 9
1980s 2.23 % change on previous year -10.07 % change on previous year 11.06 % change on previous year 10
1990s 3.17 % change on previous year -2.51 % change on previous year 9.51 % change on previous year 10
2000s 3.49 % change on previous year -1.42 % change on previous year 10.4 % change on previous year 10
2010s 1.86 % change on previous year 0.5706 % change on previous year 4.37 % change on previous year 10
2020s 7.88 % change on previous year 3.67 % change on previous year 13.8 % change on previous year 5

Countries ranked near Caribbean

  1. 74 Singapore 3.75 % change on previous year compare
  2. 75 Slovakia 3.75 % change on previous year compare
  3. 76 Saint Vincent and the Grenadines 3.71 % change on previous year compare
  4. 78 Cyprus 3.64 % change on previous year compare
  5. 79 Hungary 3.62 % change on previous year compare
  6. 80 Turkmenistan 3.61 % change on previous year compare

See the full ranking of 246 places →

More economy & growth data for Caribbean

All data for Caribbean →

Frequently asked questions

What is gdp deflator — value us$, 2015 prices, annual growth rate in Caribbean?
Gdp deflator — value us$, 2015 prices, annual growth rate in Caribbean was 3.67 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Caribbean?
The highest recorded value was 17.57 % change on previous year in 1974.
What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Caribbean?
The lowest recorded value was -10.07 % change on previous year in 1985.
How does Caribbean rank for gdp deflator — value us$, 2015 prices, annual growth rate?
Caribbean ranks 77th out of 222 countries with data for 2024.
Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Caribbean?
Over the last ten years it is up 206.4%. The long-run trend across the full record is volatile.
Where does this Caribbean data come from?
The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value US$, 2015 prices, annual growth rate in Caribbean. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-us-2015-prices-annual-growth-rate/caribbean/

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How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP Deflator — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
246 places, 12,335 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.