Gross value added at basic prices (GVA) (constant 2015 US$), per in Caribbean Small States
Caribbean Small States: Gross value added at basic prices (GVA) (constant 2015 US$), per was 17,188 constant 2015 US$ per person in 2024. ▲ Rising
Gross value added at basic prices (GVA) (constant 2015 US$), per in Caribbean Small States, 1984–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Caribbean Small States recorded 17,188 constant 2015 US$ per person for gross value added at basic prices (gva) (constant 2015 us$), per in 2024. That is the highest value across all 41 years on record.
The figure is up 13.0% on the previous year and up 27.6% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Caribbean Small States peaked at 17,188 constant 2015 US$ per person in 2024 and was at its lowest, 7,926 constant 2015 US$ per person, in 1993.
Caribbean Small States ranks 2nd of 32 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 41 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per in Caribbean Small States, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1984 | 8,442 constant 2015 US$ per person | — |
| 1985 | 8,308 constant 2015 US$ per person | -1.6% |
| 1986 | 8,277 constant 2015 US$ per person | -0.4% |
| 1987 | 8,108 constant 2015 US$ per person | -2.0% |
| 1988 | 8,150 constant 2015 US$ per person | +0.5% |
| 1989 | 8,202 constant 2015 US$ per person | +0.6% |
| 1990 | 8,159 constant 2015 US$ per person | -0.5% |
| 1991 | 7,947 constant 2015 US$ per person | -2.6% |
| 1992 | 7,931 constant 2015 US$ per person | -0.2% |
| 1993 | 7,926 constant 2015 US$ per person | -0.1% |
| 1994 | 8,116 constant 2015 US$ per person | +2.4% |
| 1995 | 7,982 constant 2015 US$ per person | -1.7% |
| 1996 | 8,287 constant 2015 US$ per person | +3.8% |
| 1997 | 8,329 constant 2015 US$ per person | +0.5% |
| 1998 | 8,623 constant 2015 US$ per person | +3.5% |
| 1999 | 9,041 constant 2015 US$ per person | +4.9% |
| 2000 | 9,416 constant 2015 US$ per person | +4.1% |
| 2001 | 9,554 constant 2015 US$ per person | +1.5% |
| 2002 | 9,861 constant 2015 US$ per person | +3.2% |
| 2003 | 10,429 constant 2015 US$ per person | +5.8% |
| 2004 | 10,987 constant 2015 US$ per person | +5.3% |
| 2005 | 11,507 constant 2015 US$ per person | +4.7% |
| 2006 | 12,736 constant 2015 US$ per person | +10.7% |
| 2007 | 13,151 constant 2015 US$ per person | +3.3% |
| 2008 | 13,319 constant 2015 US$ per person | +1.3% |
| 2009 | 12,620 constant 2015 US$ per person | -5.2% |
| 2010 | 12,710 constant 2015 US$ per person | +0.7% |
| 2011 | 12,762 constant 2015 US$ per person | +0.4% |
| 2012 | 12,990 constant 2015 US$ per person | +1.8% |
| 2013 | 13,140 constant 2015 US$ per person | +1.2% |
| 2014 | 13,470 constant 2015 US$ per person | +2.5% |
| 2015 | 13,337 constant 2015 US$ per person | -1.0% |
| 2016 | 12,927 constant 2015 US$ per person | -3.1% |
| 2017 | 12,699 constant 2015 US$ per person | -1.8% |
| 2018 | 12,697 constant 2015 US$ per person | -0.0% |
| 2019 | 12,781 constant 2015 US$ per person | +0.7% |
| 2020 | 11,634 constant 2015 US$ per person | -9.0% |
| 2021 | 12,242 constant 2015 US$ per person | +5.2% |
| 2022 | 14,105 constant 2015 US$ per person | +15.2% |
| 2023 | 15,205 constant 2015 US$ per person | +7.8% |
| 2024 | 17,188 constant 2015 US$ per person | +13.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8,248 constant 2015 US$ per person | 8,108 constant 2015 US$ per person | 8,442 constant 2015 US$ per person | 6 |
| 1990s | 8,234 constant 2015 US$ per person | 7,926 constant 2015 US$ per person | 9,041 constant 2015 US$ per person | 10 |
| 2000s | 11,358 constant 2015 US$ per person | 9,416 constant 2015 US$ per person | 13,319 constant 2015 US$ per person | 10 |
| 2010s | 12,951 constant 2015 US$ per person | 12,697 constant 2015 US$ per person | 13,470 constant 2015 US$ per person | 10 |
| 2020s | 14,075 constant 2015 US$ per person | 11,634 constant 2015 US$ per person | 17,188 constant 2015 US$ per person | 5 |
Countries ranked near Caribbean Small States
- 1 Bermuda 112,409 constant 2015 US$ per person compare
- 2 Ireland 99,326 constant 2015 US$ per person compare
- 3 Luxembourg 92,937 constant 2015 US$ per person compare
- 4 Switzerland 90,880 constant 2015 US$ per person compare
- 5 Isle of Man 83,917 constant 2015 US$ per person compare
More economy & growth data for Caribbean Small States
- Gross value added at basic prices (GVA) 83.57 billion current US$ (2024)
- Services, value added 41.90 billion constant 2015 US$ (2024)
- Services, value added 2.5% (2024)
- Services, value added 52.2% (2024)
- Inflation, GDP deflator 2.6% (2025)
- GDP 95.14 billion current US$ (2025)
- GDP growth 8.0% (2025)
- GDP 91.37 billion constant 2015 US$ (2025)
- Trade in services 35.2% (2023)
- Gross value added at basic prices (GVA) 78.02 billion constant 2015 US$ (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Caribbean Small States?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Caribbean Small States was 17,188 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Caribbean Small States?
- The highest recorded value was 17,188 constant 2015 US$ per person in 2024.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Caribbean Small States?
- The lowest recorded value was 7,926 constant 2015 US$ per person in 1993.
- How does Caribbean Small States rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Caribbean Small States ranks 2nd out of 32 groups with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Caribbean Small States?
- Over the last ten years it is up 27.6%. The long-run trend across the full record is rising.
- Where does this Caribbean Small States data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.