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Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Caribbean Small States

Caribbean Small States: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.8627 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.8627 constant 2015 US$ per US$ of GDP
Change on year
down 0.1%
Rank
12th
of 32 groups
All-time high
2.5 constant 2015 US$ per US$ of GDP
in 1986
All-time low
0.8083 constant 2015 US$ per US$ of GDP
in 2022
Years of data
41
1984–2024

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Caribbean Small States, 1984–2024

11.522.51984200420241984: 2.2 constant 2015 US$ per US$ of GDP1985: 2.1 constant 2015 US$ per US$ of GDP1986: 2.5 constant 2015 US$ per US$ of GDP1987: 2.4 constant 2015 US$ per US$ of GDP1988: 2.3 constant 2015 US$ per US$ of GDP1989: 2.4 constant 2015 US$ per US$ of GDP1990: 2.2 constant 2015 US$ per US$ of GDP1991: 2.1 constant 2015 US$ per US$ of GDP1992: 2.1 constant 2015 US$ per US$ of GDP1993: 2.1 constant 2015 US$ per US$ of GDP1994: 2.1 constant 2015 US$ per US$ of GDP1995: 1.9 constant 2015 US$ per US$ of GDP1996: 1.9 constant 2015 US$ per US$ of GDP1997: 1.6 constant 2015 US$ per US$ of GDP1998: 1.6 constant 2015 US$ per US$ of GDP1999: 1.5 constant 2015 US$ per US$ of GDP2000: 1.5 constant 2015 US$ per US$ of GDP2001: 1.4 constant 2015 US$ per US$ of GDP2002: 1.4 constant 2015 US$ per US$ of GDP2003: 1.4 constant 2015 US$ per US$ of GDP2004: 1.3 constant 2015 US$ per US$ of GDP2005: 1.2 constant 2015 US$ per US$ of GDP2006: 1.2 constant 2015 US$ per US$ of GDP2007: 1.1 constant 2015 US$ per US$ of GDP2008: 0.959 constant 2015 US$ per US$ of GDP2009: 1.1 constant 2015 US$ per US$ of GDP2010: 1 constant 2015 US$ per US$ of GDP2011: 0.945 constant 2015 US$ per US$ of GDP2012: 0.913 constant 2015 US$ per US$ of GDP2013: 0.902 constant 2015 US$ per US$ of GDP2014: 0.9 constant 2015 US$ per US$ of GDP2015: 0.92 constant 2015 US$ per US$ of GDP2016: 0.966 constant 2015 US$ per US$ of GDP2017: 0.926 constant 2015 US$ per US$ of GDP2018: 0.914 constant 2015 US$ per US$ of GDP2019: 0.913 constant 2015 US$ per US$ of GDP2020: 0.973 constant 2015 US$ per US$ of GDP2021: 0.875 constant 2015 US$ per US$ of GDP2022: 0.808 constant 2015 US$ per US$ of GDP2023: 0.863 constant 2015 US$ per US$ of GDP2024: 0.863 constant 2015 US$ per US$ of GDP

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), per unit in Caribbean Small States is 0.8627 constant 2015 US$ per US$ of GDP, measured in 2024.

That represents a change of down 0.1% on the previous year and down 4.2% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Caribbean Small States peaked at 2.5 constant 2015 US$ per US$ of GDP in 1986 and was at its lowest, 0.8083 constant 2015 US$ per US$ of GDP, in 2022.

That places Caribbean Small States 12th out of 32 groups with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 41 years of available data.

Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Caribbean Small States, year by year

Year constant 2015 US$ per US$ of GDP Change
1984 2.16 constant 2015 US$ per US$ of GDP —
1985 2.13 constant 2015 US$ per US$ of GDP -1.6%
1986 2.5 constant 2015 US$ per US$ of GDP +17.7%
1987 2.36 constant 2015 US$ per US$ of GDP -5.8%
1988 2.31 constant 2015 US$ per US$ of GDP -2.1%
1989 2.36 constant 2015 US$ per US$ of GDP +2.4%
1990 2.2 constant 2015 US$ per US$ of GDP -7.1%
1991 2.1 constant 2015 US$ per US$ of GDP -4.6%
1992 2.06 constant 2015 US$ per US$ of GDP -1.5%
1993 2.14 constant 2015 US$ per US$ of GDP +3.8%
1994 2.06 constant 2015 US$ per US$ of GDP -3.6%
1995 1.93 constant 2015 US$ per US$ of GDP -6.7%
1996 1.87 constant 2015 US$ per US$ of GDP -2.7%
1997 1.6 constant 2015 US$ per US$ of GDP -14.5%
1998 1.55 constant 2015 US$ per US$ of GDP -3.2%
1999 1.52 constant 2015 US$ per US$ of GDP -2.2%
2000 1.45 constant 2015 US$ per US$ of GDP -4.2%
2001 1.44 constant 2015 US$ per US$ of GDP -1.1%
2002 1.43 constant 2015 US$ per US$ of GDP -0.6%
2003 1.38 constant 2015 US$ per US$ of GDP -3.3%
2004 1.33 constant 2015 US$ per US$ of GDP -3.4%
2005 1.22 constant 2015 US$ per US$ of GDP -8.6%
2006 1.17 constant 2015 US$ per US$ of GDP -4.0%
2007 1.08 constant 2015 US$ per US$ of GDP -7.4%
2008 0.9589 constant 2015 US$ per US$ of GDP -11.5%
2009 1.09 constant 2015 US$ per US$ of GDP +13.9%
2010 1 constant 2015 US$ per US$ of GDP -8.0%
2011 0.9451 constant 2015 US$ per US$ of GDP -5.9%
2012 0.9131 constant 2015 US$ per US$ of GDP -3.4%
2013 0.9015 constant 2015 US$ per US$ of GDP -1.3%
2014 0.9002 constant 2015 US$ per US$ of GDP -0.1%
2015 0.9199 constant 2015 US$ per US$ of GDP +2.2%
2016 0.9663 constant 2015 US$ per US$ of GDP +5.0%
2017 0.9263 constant 2015 US$ per US$ of GDP -4.1%
2018 0.9137 constant 2015 US$ per US$ of GDP -1.4%
2019 0.9132 constant 2015 US$ per US$ of GDP -0.0%
2020 0.9726 constant 2015 US$ per US$ of GDP +6.5%
2021 0.8747 constant 2015 US$ per US$ of GDP -10.1%
2022 0.8083 constant 2015 US$ per US$ of GDP -7.6%
2023 0.8635 constant 2015 US$ per US$ of GDP +6.8%
2024 0.8627 constant 2015 US$ per US$ of GDP -0.1%

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.3 constant 2015 US$ per US$ of GDP 2.13 constant 2015 US$ per US$ of GDP 2.5 constant 2015 US$ per US$ of GDP 6
1990s 1.9 constant 2015 US$ per US$ of GDP 1.52 constant 2015 US$ per US$ of GDP 2.2 constant 2015 US$ per US$ of GDP 10
2000s 1.26 constant 2015 US$ per US$ of GDP 0.9589 constant 2015 US$ per US$ of GDP 1.45 constant 2015 US$ per US$ of GDP 10
2010s 0.9304 constant 2015 US$ per US$ of GDP 0.9002 constant 2015 US$ per US$ of GDP 1 constant 2015 US$ per US$ of GDP 10
2020s 0.8764 constant 2015 US$ per US$ of GDP 0.8083 constant 2015 US$ per US$ of GDP 0.9726 constant 2015 US$ per US$ of GDP 5

Countries ranked near Caribbean Small States

  1. 9 Lebanon 1.23 constant 2015 US$ per US$ of GDP compare
  2. 10 Guyana 1.16 constant 2015 US$ per US$ of GDP compare
  3. 11 Japan 1.13 constant 2015 US$ per US$ of GDP compare
  4. 12 Uzbekistan 1.11 constant 2015 US$ per US$ of GDP compare
  5. 13 Lao People's Democratic Republic 1.08 constant 2015 US$ per US$ of GDP compare
  6. 14 Tajikistan 1.06 constant 2015 US$ per US$ of GDP compare
  7. 15 Burundi 1.05 constant 2015 US$ per US$ of GDP compare

See the full ranking of 227 places →

More economy & growth data for Caribbean Small States

All data for Caribbean Small States →

Frequently asked questions

What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Caribbean Small States?
Gross value added at basic prices (gva) (constant 2015 us$), per unit in Caribbean Small States was 0.8627 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Caribbean Small States?
The highest recorded value was 2.5 constant 2015 US$ per US$ of GDP in 1986.
What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Caribbean Small States?
The lowest recorded value was 0.8083 constant 2015 US$ per US$ of GDP in 2022.
How does Caribbean Small States rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
Caribbean Small States ranks 12th out of 32 groups with data for 2024.
Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Caribbean Small States?
Over the last ten years it is down 4.2%. The long-run trend across the full record is falling.
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 unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Caribbean Small States. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-2015-us-per-unit-of-gdp/caribbean-small-states/

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How this figure is calculated

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), 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$) ÷ GDP (current US$)

Computed from

  • Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
  • GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
227 places, 9,725 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.