Gross Domestic Product, GDP in millions constant 2021 international $ in Caribbean
Caribbean: Gross Domestic Product, GDP in millions constant 2021 international $ was 2.57 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Caribbean, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2027, gross domestic product, gdp in millions constant 2021 international $ in Caribbean stood at 2.57 % change on previous year.
The figure is up 29.4% on the previous year and up 150.1% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Caribbean peaked at 6.28 % change on previous year in 2006 and was at its lowest, -8.4 % change on previous year, in 2020.
That places Caribbean 113th out of 189 countries with data for 2027, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product, GDP in millions constant 2021 international $ in Caribbean, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | -1.29 % change on previous year | — |
| 1993 | -2.11 % change on previous year | +63.4% |
| 1994 | 1.49 % change on previous year | -170.8% |
| 1995 | 4.23 % change on previous year | +183.2% |
| 1996 | 4.73 % change on previous year | +12.0% |
| 1997 | 4.49 % change on previous year | -5.2% |
| 1998 | 3.62 % change on previous year | -19.3% |
| 1999 | 5.34 % change on previous year | +47.6% |
| 2000 | 4.19 % change on previous year | -21.6% |
| 2001 | 3.59 % change on previous year | -14.2% |
| 2002 | 2.26 % change on previous year | -37.0% |
| 2003 | 2.03 % change on previous year | -10.3% |
| 2004 | 5.38 % change on previous year | +165.1% |
| 2005 | 5.06 % change on previous year | -6.1% |
| 2006 | 6.28 % change on previous year | +24.2% |
| 2007 | 4.19 % change on previous year | -33.2% |
| 2008 | 1.87 % change on previous year | -55.5% |
| 2009 | -0.2416 % change on previous year | -112.9% |
| 2010 | 2.38 % change on previous year | -1086.1% |
| 2011 | 1.81 % change on previous year | -23.9% |
| 2012 | 2.08 % change on previous year | +14.5% |
| 2013 | 2.37 % change on previous year | +14.2% |
| 2014 | 2.27 % change on previous year | -4.4% |
| 2015 | 3.08 % change on previous year | +36.1% |
| 2016 | 1.29 % change on previous year | -58.1% |
| 2017 | 1.03 % change on previous year | -20.5% |
| 2018 | 2.08 % change on previous year | +103.0% |
| 2019 | 1.67 % change on previous year | -19.9% |
| 2020 | -8.4 % change on previous year | -603.3% |
| 2021 | 5.18 % change on previous year | -161.7% |
| 2022 | 3.41 % change on previous year | -34.1% |
| 2023 | 0.3325 % change on previous year | -90.3% |
| 2024 | 2 % change on previous year | +502.7% |
| 2025 | 1.1 % change on previous year | -45.1% |
| 2026 | 1.98 % change on previous year | +80.2% |
| 2027 | 2.57 % change on previous year | +29.4% |
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ 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.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +1086.1% | -0.2416 % change on previous year | 2.38 % change on previous year |
| 2020 | -603.3% | 1.67 % change on previous year | -8.4 % change on previous year |
| 2024 | +502.7% | 0.3325 % change on previous year | 2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.56 % change on previous year | -2.11 % change on previous year | 5.34 % change on previous year | 8 |
| 2000s | 3.46 % change on previous year | -0.2416 % change on previous year | 6.28 % change on previous year | 10 |
| 2010s | 2.01 % change on previous year | 1.03 % change on previous year | 3.08 % change on previous year | 10 |
| 2020s | 1.02 % change on previous year | -8.4 % change on previous year | 5.18 % change on previous year | 8 |
Countries ranked near Caribbean
- 110 Saint Vincent and the Grenadines 2.7 % change on previous year compare
- 111 Croatia 2.64 % change on previous year compare
- 112 Brunei Darussalam 2.62 % change on previous year compare
- 114 Samoa 2.56 % change on previous year compare
- 115 Ireland 2.54 % change on previous year compare
- 116 Trinidad and Tobago 2.53 % change on previous year compare
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 gross domestic product, gdp in millions constant 2021 international $ in Caribbean?
- Gross domestic product, gdp in millions constant 2021 international $ in Caribbean was 2.57 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Caribbean?
- The highest recorded value was 6.28 % change on previous year in 2006.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Caribbean?
- The lowest recorded value was -8.4 % change on previous year in 2020.
- How does Caribbean rank for gross domestic product, gdp in millions constant 2021 international $?
- Caribbean ranks 113th out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Caribbean?
- Over the last ten years it is up 150.1%. 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 Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.