Gross Domestic Product, GDP in millions constant 2021 international $ in Caribbean
Caribbean: Gross Domestic Product, GDP in millions constant 2021 international $ was 828,667 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Caribbean, 1991–2027
Source: International Labour Organization.
Analysis
Caribbean recorded 828,667 for gross domestic product, gdp in millions constant 2021 international $ in 2027. That is the highest value across all 37 years on record.
Compared with earlier readings it is up 2.6% on the previous year and up 11.9% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Caribbean peaked at 828,667 in 2027 and was at its lowest, 355,409, in 1993.
That places Caribbean 77th out of 87 groups with data for 2027, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 367,804 | — |
| 1992 | 363,060 | -1.3% |
| 1993 | 355,409 | -2.1% |
| 1994 | 360,715 | +1.5% |
| 1995 | 375,967 | +4.2% |
| 1996 | 393,764 | +4.7% |
| 1997 | 411,428 | +4.5% |
| 1998 | 426,323 | +3.6% |
| 1999 | 449,107 | +5.3% |
| 2000 | 467,927 | +4.2% |
| 2001 | 484,744 | +3.6% |
| 2002 | 495,713 | +2.3% |
| 2003 | 505,779 | +2.0% |
| 2004 | 533,001 | +5.4% |
| 2005 | 559,947 | +5.1% |
| 2006 | 595,107 | +6.3% |
| 2007 | 620,069 | +4.2% |
| 2008 | 631,637 | +1.9% |
| 2009 | 630,111 | -0.2% |
| 2010 | 645,122 | +2.4% |
| 2011 | 656,819 | +1.8% |
| 2012 | 670,456 | +2.1% |
| 2013 | 686,349 | +2.4% |
| 2014 | 701,903 | +2.3% |
| 2015 | 723,548 | +3.1% |
| 2016 | 732,890 | +1.3% |
| 2017 | 740,412 | +1.0% |
| 2018 | 755,839 | +2.1% |
| 2019 | 768,448 | +1.7% |
| 2020 | 703,924 | -8.4% |
| 2021 | 740,381 | +5.2% |
| 2022 | 765,649 | +3.4% |
| 2023 | 768,195 | +0.3% |
| 2024 | 783,591 | +2.0% |
| 2025 | 792,215 | +1.1% |
| 2026 | 807,930 | +2.0% |
| 2027 | 828,667 | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 389,286 | 355,409 | 449,107 | 9 |
| 2000s | 552,404 | 467,927 | 631,637 | 10 |
| 2010s | 708,179 | 645,122 | 768,448 | 10 |
| 2020s | 773,819 | 703,924 | 828,667 | 8 |
Countries ranked near Caribbean
More economy & growth data for Caribbean
- Gross Domestic Product — Annual growth US$, 2015 prices 3.07 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.13 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 16.77 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 15.55 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 64,099 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 92,184 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.59 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 8,773 USD (2024)
- Gross Domestic Product — Value US$ per capita 13,606 USD (2024)
- Gross Domestic Product — Value US$ 592,877 million USD (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 828,667 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Caribbean?
- The highest recorded value was 828,667 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Caribbean?
- The lowest recorded value was 355,409 in 1993.
- How does Caribbean rank for gross domestic product, gdp in millions constant 2021 international $?
- Caribbean ranks 77th out of 87 groups 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 11.9%. The long-run trend across the full record is rising.
- Where does this Caribbean data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.