Gross Domestic Product, GDP in millions constant 2021 international $ in CARICOM
CARICOM: Gross Domestic Product, GDP in millions constant 2021 international $ was 253,308 in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in CARICOM, 1991–2027
Source: International Labour Organization.
Analysis
CARICOM recorded 253,308 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 8.4% on the previous year and up 55.4% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in CARICOM peaked at 253,308 in 2027 and was at its lowest, 93,890, in 1991.
That places CARICOM 84th 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 CARICOM, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 93,890 | — |
| 1992 | 94,627 | +0.8% |
| 1993 | 95,287 | +0.7% |
| 1994 | 94,281 | -1.1% |
| 1995 | 98,526 | +4.5% |
| 1996 | 101,934 | +3.5% |
| 1997 | 104,966 | +3.0% |
| 1998 | 107,619 | +2.5% |
| 1999 | 111,506 | +3.6% |
| 2000 | 114,680 | +2.8% |
| 2001 | 116,699 | +1.8% |
| 2002 | 120,505 | +3.3% |
| 2003 | 127,542 | +5.8% |
| 2004 | 131,629 | +3.2% |
| 2005 | 135,963 | +3.3% |
| 2006 | 144,297 | +6.1% |
| 2007 | 149,673 | +3.7% |
| 2008 | 152,234 | +1.7% |
| 2009 | 150,464 | -1.2% |
| 2010 | 150,659 | +0.1% |
| 2011 | 153,886 | +2.1% |
| 2012 | 158,461 | +3.0% |
| 2013 | 162,123 | +2.3% |
| 2014 | 165,840 | +2.3% |
| 2015 | 166,121 | +0.2% |
| 2016 | 163,080 | -1.8% |
| 2017 | 162,989 | -0.1% |
| 2018 | 165,236 | +1.4% |
| 2019 | 165,852 | +0.4% |
| 2020 | 155,559 | -6.2% |
| 2021 | 161,867 | +4.1% |
| 2022 | 178,858 | +10.5% |
| 2023 | 191,107 | +6.8% |
| 2024 | 209,854 | +9.8% |
| 2025 | 217,031 | +3.4% |
| 2026 | 233,661 | +7.7% |
| 2027 | 253,308 | +8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100,293 | 93,890 | 111,506 | 9 |
| 2000s | 134,369 | 114,680 | 152,234 | 10 |
| 2010s | 161,425 | 150,659 | 166,121 | 10 |
| 2020s | 200,156 | 155,559 | 253,308 | 8 |
Countries ranked near CARICOM
More economy & growth data for CARICOM
- Gross Domestic Product, GDP in millions constant 2021 international $ 8.41 % change on previous year (2027)
- Output per hour worked, GDP constant 2021 international $ at PPP 14.57 (2027)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in CARICOM?
- Gross domestic product, gdp in millions constant 2021 international $ in CARICOM was 253,308 in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in CARICOM?
- The highest recorded value was 253,308 in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in CARICOM?
- The lowest recorded value was 93,890 in 1991.
- How does CARICOM rank for gross domestic product, gdp in millions constant 2021 international $?
- CARICOM ranks 84th out of 87 groups with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in CARICOM?
- Over the last ten years it is up 55.4%. The long-run trend across the full record is rising.
- Where does this CARICOM 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.