GDP growth in Caribbean Small States
Caribbean Small States: GDP growth was 8.0% in 2025. ◆ Volatile
GDP growth in Caribbean Small States, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Caribbean Small States recorded 8.0% for gdp growth in 2025.
Compared with earlier readings it is down 40.2% on the previous year and up 12,554.3% over ten years.
Over the whole period, gdp growth in Caribbean Small States peaked at 14.7% in 2022 and was at its lowest, -9.3%, in 2020.
Caribbean Small States ranks 1st of 45 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Caribbean Small States, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 9.7% | — |
| 1962 | 5.4% | -44.1% |
| 1963 | 2.1% | -60.8% |
| 1964 | 8.1% | +282.1% |
| 1965 | 7.1% | -12.0% |
| 1966 | 6.9% | -3.3% |
| 1967 | 6.7% | -2.7% |
| 1968 | 6.2% | -7.9% |
| 1969 | 5.9% | -3.5% |
| 1970 | 2.2% | -63.4% |
| 1971 | 2.4% | +8.7% |
| 1972 | 1.0% | -56.5% |
| 1973 | 2.5% | +138.6% |
| 1974 | -2.9% | -219.4% |
| 1975 | -1.7% | -41.5% |
| 1976 | 5.3% | -411.8% |
| 1977 | 6.7% | +25.3% |
| 1978 | 7.9% | +18.5% |
| 1979 | 7.5% | -6.0% |
| 1980 | 5.2% | -30.5% |
| 1981 | 0.4% | -93.2% |
| 1982 | 0.5% | +33.6% |
| 1983 | -3.6% | -854.8% |
| 1984 | 1.9% | -154.3% |
| 1985 | 1.1% | -44.1% |
| 1986 | 1.4% | +26.7% |
| 1987 | 0.2% | -88.4% |
| 1988 | 1.7% | +992.0% |
| 1989 | 3.2% | +83.6% |
| 1990 | -0.3% | -110.8% |
| 1991 | -0.1% | -78.5% |
| 1992 | 2.0% | -2838.9% |
| 1993 | 0.5% | -77.0% |
| 1994 | 3.3% | +617.1% |
| 1995 | 3.1% | -7.6% |
| 1996 | 4.9% | +59.5% |
| 1997 | 4.6% | -6.0% |
| 1998 | 4.9% | +6.5% |
| 1999 | 5.0% | +2.6% |
| 2000 | 4.7% | -7.0% |
| 2001 | 2.1% | -55.5% |
| 2002 | 4.0% | +90.5% |
| 2003 | 6.1% | +53.2% |
| 2004 | 4.6% | -23.6% |
| 2005 | 4.4% | -5.5% |
| 2006 | 7.8% | +78.1% |
| 2007 | 3.8% | -50.9% |
| 2008 | 1.7% | -55.8% |
| 2009 | -3.4% | -300.3% |
| 2010 | 1.2% | -134.8% |
| 2011 | 0.9% | -22.7% |
| 2012 | 4.1% | +349.9% |
| 2013 | 1.6% | -61.9% |
| 2014 | 2.6% | +65.6% |
| 2015 | -0.1% | -102.5% |
| 2016 | -3.1% | +4721.5% |
| 2017 | -0.8% | -75.7% |
| 2018 | 1.3% | -274.5% |
| 2019 | 0.9% | -34.0% |
| 2020 | -9.3% | -1171.9% |
| 2021 | 7.2% | -178.0% |
| 2022 | 14.7% | +103.7% |
| 2023 | 8.8% | -40.3% |
| 2024 | 13.3% | +51.4% |
| 2025 | 8.0% | -40.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.4% | 2.1% | 9.7% | 9 |
| 1970s | 3.1% | -2.9% | 7.9% | 10 |
| 1980s | 1.2% | -3.6% | 5.2% | 10 |
| 1990s | 2.8% | -0.3% | 5.0% | 10 |
| 2000s | 3.6% | -3.4% | 7.8% | 10 |
| 2010s | 0.9% | -3.1% | 4.1% | 10 |
| 2020s | 7.1% | -9.3% | 14.7% | 6 |
Countries ranked near Caribbean Small States
More economy & growth data for Caribbean Small States
- Gross value added at basic prices (GVA) 83.57 billion current US$ (2024)
- Services, value added 41.90 billion constant 2015 US$ (2024)
- Services, value added 2.5% (2024)
- Services, value added 52.2% (2024)
- Inflation, GDP deflator 2.6% (2025)
- GDP 95.14 billion current US$ (2025)
- GDP per capita 20,880 current US$ (2025)
- GDP 91.37 billion constant 2015 US$ (2025)
- Trade in services 35.2% (2023)
- Gross value added at basic prices (GVA) 78.02 billion constant 2015 US$ (2024)
Frequently asked questions
- What is gdp growth in Caribbean Small States?
- Gdp growth in Caribbean Small States was 8.0% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Caribbean Small States?
- The highest recorded value was 14.7% in 2022.
- What is the lowest gdp growth recorded in Caribbean Small States?
- The lowest recorded value was -9.3% in 2020.
- How does Caribbean Small States rank for gdp growth?
- Caribbean Small States ranks 1st out of 45 groups with data for 2025.
- Is gdp growth rising or falling in Caribbean Small States?
- Over the last ten years it is up 12,554.3%. The long-run trend across the full record is volatile.
- Where does this Caribbean Small States data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.