Gross Domestic Product — Value US$, 2015 prices in Caribbean
Caribbean: Gross Domestic Product — Value US$, 2015 prices was 382,272 million USD in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices in Caribbean, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Caribbean is 382,272 million USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 3.1% on the previous year and up 10.0% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Caribbean peaked at 382,272 million USD in 2024 and was at its lowest, 94,295 million USD, in 1970.
That places Caribbean 27th out of 29 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices in Caribbean, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 94,295 million USD | — |
| 1971 | 100,165 million USD | +6.2% |
| 1972 | 106,272 million USD | +6.1% |
| 1973 | 111,630 million USD | +5.0% |
| 1974 | 111,957 million USD | +0.3% |
| 1975 | 113,938 million USD | +1.8% |
| 1976 | 119,234 million USD | +4.6% |
| 1977 | 127,172 million USD | +6.7% |
| 1978 | 134,915 million USD | +6.1% |
| 1979 | 141,069 million USD | +4.6% |
| 1980 | 143,073 million USD | +1.4% |
| 1981 | 151,444 million USD | +5.9% |
| 1982 | 154,696 million USD | +2.1% |
| 1983 | 157,650 million USD | +1.9% |
| 1984 | 165,812 million USD | +5.2% |
| 1985 | 167,142 million USD | +0.8% |
| 1986 | 172,541 million USD | +3.2% |
| 1987 | 176,898 million USD | +2.5% |
| 1988 | 184,681 million USD | +4.4% |
| 1989 | 191,209 million USD | +3.5% |
| 1990 | 192,535 million USD | +0.7% |
| 1991 | 189,215 million USD | -1.7% |
| 1992 | 189,994 million USD | +0.4% |
| 1993 | 189,546 million USD | -0.2% |
| 1994 | 194,627 million USD | +2.7% |
| 1995 | 202,804 million USD | +4.2% |
| 1996 | 211,762 million USD | +4.4% |
| 1997 | 221,817 million USD | +4.7% |
| 1998 | 232,159 million USD | +4.7% |
| 1999 | 244,750 million USD | +5.4% |
| 2000 | 254,945 million USD | +4.2% |
| 2001 | 264,614 million USD | +3.8% |
| 2002 | 270,151 million USD | +2.1% |
| 2003 | 275,280 million USD | +1.9% |
| 2004 | 284,360 million USD | +3.3% |
| 2005 | 298,427 million USD | +4.9% |
| 2006 | 313,126 million USD | +4.9% |
| 2007 | 323,590 million USD | +3.3% |
| 2008 | 327,484 million USD | +1.2% |
| 2009 | 324,115 million USD | -1.0% |
| 2010 | 329,934 million USD | +1.8% |
| 2011 | 334,479 million USD | +1.4% |
| 2012 | 339,147 million USD | +1.4% |
| 2013 | 341,217 million USD | +0.6% |
| 2014 | 347,369 million USD | +1.8% |
| 2015 | 355,180 million USD | +2.2% |
| 2016 | 358,048 million USD | +0.8% |
| 2017 | 360,174 million USD | +0.6% |
| 2018 | 364,449 million USD | +1.2% |
| 2019 | 370,459 million USD | +1.6% |
| 2020 | 339,494 million USD | -8.4% |
| 2021 | 354,216 million USD | +4.3% |
| 2022 | 367,910 million USD | +3.9% |
| 2023 | 370,889 million USD | +0.8% |
| 2024 | 382,272 million USD | +3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 116,065 million USD | 94,295 million USD | 141,069 million USD | 10 |
| 1980s | 166,515 million USD | 143,073 million USD | 191,209 million USD | 10 |
| 1990s | 206,921 million USD | 189,215 million USD | 244,750 million USD | 10 |
| 2000s | 293,609 million USD | 254,945 million USD | 327,484 million USD | 10 |
| 2010s | 350,046 million USD | 329,934 million USD | 370,459 million USD | 10 |
| 2020s | 362,956 million USD | 339,494 million USD | 382,272 million USD | 5 |
Countries ranked near Caribbean
More economy & growth data for Caribbean
- Gross Domestic Product — Annual growth US$, 2015 prices 3.07 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 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$ 592,877 million USD (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 Fixed Capital Formation — Annual growth US$ 0.3236 % (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Caribbean?
- Gross domestic product — value us$, 2015 prices in Caribbean was 382,272 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Caribbean?
- The highest recorded value was 382,272 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Caribbean?
- The lowest recorded value was 94,295 million USD in 1970.
- How does Caribbean rank for gross domestic product — value us$, 2015 prices?
- Caribbean ranks 27th out of 29 groups with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Caribbean?
- Over the last ten years it is up 10.0%. The long-run trend across the full record is rising.
- Where does this Caribbean data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).