Gross National Income — Value US$, annual growth rate in Caribbean
Caribbean: Gross National Income — Value US$, annual growth rate was 15.66 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value US$, annual growth rate in Caribbean, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross national income — value us$, annual growth rate in Caribbean stood at 15.66 % change on previous year.
That represents a change of up 9.9% on the previous year and up 737.4% over ten years.
Over the whole period, gross national income — value us$, annual growth rate in Caribbean peaked at 18.06 % change on previous year in 2005 and was at its lowest, -9.23 % change on previous year, in 1985.
Caribbean ranks 33rd of 236 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$, annual growth rate in Caribbean, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 15.43 % change on previous year | — |
| 1972 | 15.17 % change on previous year | -1.7% |
| 1973 | 15.81 % change on previous year | +4.2% |
| 1974 | 16.84 % change on previous year | +6.5% |
| 1975 | 15.3 % change on previous year | -9.1% |
| 1976 | 6.47 % change on previous year | -57.7% |
| 1977 | 8.95 % change on previous year | +38.4% |
| 1978 | 12.37 % change on previous year | +38.2% |
| 1979 | 11.55 % change on previous year | -6.6% |
| 1980 | 11.56 % change on previous year | +0.1% |
| 1981 | 7.83 % change on previous year | -32.2% |
| 1982 | 6.92 % change on previous year | -11.6% |
| 1983 | 4.15 % change on previous year | -40.0% |
| 1984 | 5.43 % change on previous year | +30.8% |
| 1985 | -9.23 % change on previous year | -270.1% |
| 1986 | 4.49 % change on previous year | -148.7% |
| 1987 | 3.66 % change on previous year | -18.5% |
| 1988 | 6.37 % change on previous year | +73.7% |
| 1989 | 7.34 % change on previous year | +15.3% |
| 1990 | 8.1 % change on previous year | +10.4% |
| 1991 | -3.25 % change on previous year | -140.1% |
| 1992 | -0.8555 % change on previous year | -73.6% |
| 1993 | 5.09 % change on previous year | -694.6% |
| 1994 | 12.33 % change on previous year | +142.4% |
| 1995 | 8.97 % change on previous year | -27.3% |
| 1996 | 1.85 % change on previous year | -79.3% |
| 1997 | 6.39 % change on previous year | +244.7% |
| 1998 | 6.55 % change on previous year | +2.5% |
| 1999 | 7.42 % change on previous year | +13.2% |
| 2000 | 7.21 % change on previous year | -2.8% |
| 2001 | 4.51 % change on previous year | -37.5% |
| 2002 | 3.56 % change on previous year | -21.0% |
| 2003 | 0.5344 % change on previous year | -85.0% |
| 2004 | 7.69 % change on previous year | +1339.0% |
| 2005 | 18.06 % change on previous year | +134.9% |
| 2006 | 10.97 % change on previous year | -39.2% |
| 2007 | 10.35 % change on previous year | -5.7% |
| 2008 | 7.87 % change on previous year | -24.0% |
| 2009 | -3.78 % change on previous year | -148.1% |
| 2010 | 5.68 % change on previous year | -250.2% |
| 2011 | 5.76 % change on previous year | +1.4% |
| 2012 | 4.25 % change on previous year | -26.2% |
| 2013 | 1.87 % change on previous year | -56.0% |
| 2014 | 3.16 % change on previous year | +68.9% |
| 2015 | 3.6 % change on previous year | +14.0% |
| 2016 | 1.57 % change on previous year | -56.3% |
| 2017 | 4.03 % change on previous year | +156.4% |
| 2018 | 2.74 % change on previous year | -32.1% |
| 2019 | 2.89 % change on previous year | +5.6% |
| 2020 | -4.92 % change on previous year | -270.2% |
| 2021 | 14.62 % change on previous year | -397.1% |
| 2022 | 14.25 % change on previous year | -2.5% |
| 2023 | 15.66 % change on previous year | +9.9% |
Biggest year-on-year movements
Years where Gross National Income — Value US$, annual growth rate 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 |
|---|---|---|---|
| 2004 | +1339.0% | 0.5344 % change on previous year | 7.69 % change on previous year |
| 1993 | +694.6% | -0.8555 % change on previous year | 5.09 % change on previous year |
| 2021 | +397.1% | -4.92 % change on previous year | 14.62 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.1 % change on previous year | 6.47 % change on previous year | 16.84 % change on previous year | 9 |
| 1980s | 4.85 % change on previous year | -9.23 % change on previous year | 11.56 % change on previous year | 10 |
| 1990s | 5.26 % change on previous year | -3.25 % change on previous year | 12.33 % change on previous year | 10 |
| 2000s | 6.7 % change on previous year | -3.78 % change on previous year | 18.06 % change on previous year | 10 |
| 2010s | 3.55 % change on previous year | 1.57 % change on previous year | 5.76 % change on previous year | 10 |
| 2020s | 9.9 % change on previous year | -4.92 % change on previous year | 15.66 % change on previous year | 4 |
Countries ranked near Caribbean
- 30 Zimbabwe 16.23 % change on previous year compare
- 31 Mongolia 15.9 % change on previous year compare
- 32 Afghanistan 15.81 % change on previous year compare
- 34 Slovenia 15.39 % change on previous year compare
- 35 Kyrgyzstan 15.27 % change on previous year compare
- 36 Cayman Islands 15.21 % 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 — Annual growth US$ per capita, 2015 prices 2.59 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.13 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 0.3236 % (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$ 6.85 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 382,272 million USD (2024)
Frequently asked questions
- What is gross national income — value us$, annual growth rate in Caribbean?
- Gross national income — value us$, annual growth rate in Caribbean was 15.66 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value us$, annual growth rate recorded in Caribbean?
- The highest recorded value was 18.06 % change on previous year in 2005.
- What is the lowest gross national income — value us$, annual growth rate recorded in Caribbean?
- The lowest recorded value was -9.23 % change on previous year in 1985.
- How does Caribbean rank for gross national income — value us$, annual growth rate?
- Caribbean ranks 33rd out of 236 countries with data for 2023.
- Is gross national income — value us$, annual growth rate rising or falling in Caribbean?
- Over the last ten years it is up 737.4%. The long-run trend across the full record is volatile.
- Where does this Caribbean data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value US$ Food and Agriculture Organization of the United Nations
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 National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.