Gross value added at basic prices (GVA) (current US$), annual growth in Caribbean Small States

Caribbean Small States: Gross value added at basic prices (GVA) (current US$), annual growth was 13.29 % change on previous year in 2024. ◆ Volatile

Latest (2024)
13.29 % change on previous year
Change on year
up 6,787.6%
Rank
4th
of 38 groups
All-time high
28.2 % change on previous year
in 1980
All-time low
-18.11 % change on previous year
in 1986
Years of data
49
1976–2024

Gross value added at basic prices (GVA) (current US$), annual growth in Caribbean Small States, 1976–2024

-20-100102030197620002024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross value added at basic prices (gva) (current us$), annual growth in Caribbean Small States is 13.29 % change on previous year, measured in 2024.

That represents a change of up 6,787.6% on the previous year and up 285.6% over ten years.

Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Caribbean Small States peaked at 28.2 % change on previous year in 1980 and was at its lowest, -18.11 % change on previous year, in 1986.

Caribbean Small States ranks 4th of 38 groups on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (current US$), annual growth in Caribbean Small States, year by year

Annual values for Gross value added at basic prices (GVA) (current US$), annual growth rate in Caribbean Small States, 1976 to 2024.
Year % change on previous year Change
1976 3.66 % change on previous year
1977 22.1 % change on previous year +504.4%
1978 13.6 % change on previous year -38.5%
1979 23.84 % change on previous year +75.4%
1980 28.2 % change on previous year +18.3%
1981 9.58 % change on previous year -66.0%
1982 11.9 % change on previous year +24.2%
1983 -1.52 % change on previous year -112.8%
1984 2.97 % change on previous year -295.3%
1985 0.0191 % change on previous year -99.4%
1986 -18.11 % change on previous year -94724.3%
1987 4.22 % change on previous year -123.3%
1988 1.47 % change on previous year -65.3%
1989 -6.04 % change on previous year -511.8%
1990 11.56 % change on previous year -291.3%
1991 2.19 % change on previous year -81.1%
1992 2.41 % change on previous year +10.3%
1993 -4.2 % change on previous year -274.0%
1994 6.82 % change on previous year -262.3%
1995 6.17 % change on previous year -9.5%
1996 7.84 % change on previous year +27.0%
1997 21.28 % change on previous year +171.4%
1998 6.46 % change on previous year -69.6%
1999 9.88 % change on previous year +52.8%
2000 10.29 % change on previous year +4.1%
2001 4.24 % change on previous year -58.8%
2002 4.86 % change on previous year +14.7%
2003 11.01 % change on previous year +126.4%
2004 9.97 % change on previous year -9.5%
2005 14.29 % change on previous year +43.4%
2006 15.79 % change on previous year +10.5%
2007 12.22 % change on previous year -22.6%
2008 16.03 % change on previous year +31.1%
2009 -16.55 % change on previous year -203.3%
2010 10.61 % change on previous year -164.1%
2011 7.73 % change on previous year -27.2%
2012 3.45 % change on previous year -55.4%
2013 3.7 % change on previous year +7.3%
2014 3.45 % change on previous year -6.9%
2015 -4.18 % change on previous year -221.2%
2016 -6.77 % change on previous year +62.0%
2017 2.93 % change on previous year -143.3%
2018 1.72 % change on previous year -41.4%
2019 1.52 % change on previous year -11.5%
2020 -14.04 % change on previous year -1025.0%
2021 17.72 % change on previous year -226.1%
2022 27.61 % change on previous year +55.9%
2023 0.193 % change on previous year -99.3%
2024 13.29 % change on previous year +6787.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 15.8 % change on previous year 3.66 % change on previous year 23.84 % change on previous year 4
1980s 3.27 % change on previous year -18.11 % change on previous year 28.2 % change on previous year 10
1990s 7.04 % change on previous year -4.2 % change on previous year 21.28 % change on previous year 10
2000s 8.22 % change on previous year -16.55 % change on previous year 16.03 % change on previous year 10
2010s 2.42 % change on previous year -6.77 % change on previous year 10.61 % change on previous year 10
2020s 8.95 % change on previous year -14.04 % change on previous year 27.61 % change on previous year 5

Countries ranked near Caribbean Small States

  1. 1 Syria 64.58 % change on previous year compare
  2. 2 Ghana 37.1 % change on previous year compare
  3. 3 Eritrea 35.5 % change on previous year compare
  4. 4 Haiti 32.33 % change on previous year compare
  5. 5 Malawi 31.76 % change on previous year compare
  6. 6 Togo 26.53 % change on previous year compare
  7. 7 Kyrgyzstan 24.58 % change on previous year compare

See the full ranking of 244 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) (current us$), annual growth in Caribbean Small States?
Gross value added at basic prices (gva) (current us$), annual growth in Caribbean Small States was 13.29 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Caribbean Small States?
The highest recorded value was 28.2 % change on previous year in 1980.
What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Caribbean Small States?
The lowest recorded value was -18.11 % change on previous year in 1986.
How does Caribbean Small States rank for gross value added at basic prices (gva) (current us$), annual growth?
Caribbean Small States ranks 4th out of 38 groups with data for 2024.
Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Caribbean Small States?
Over the last ten years it is up 285.6%. The long-run trend across the full record is volatile.
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) (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current US$), annual growth in Caribbean Small States. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/caribbean-small-states/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/caribbean-small-states/">Gross value added at basic prices (GVA) (current US$), annual growth in Caribbean Small States</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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) (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,675 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.