Gross value added at basic prices (GVA) (current US$), per unit of GDP in Caribbean Small States

Caribbean Small States: Gross value added at basic prices (GVA) (current US$), per unit of GDP was 0.9241 current US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.9241 current US$ per US$ of GDP
Change on year
down 0.3%
Rank
25th
of 38 groups
All-time high
1.02 current US$ per US$ of GDP
in 1977
All-time low
0.877 current US$ per US$ of GDP
in 1989
Years of data
50
1975–2024

Gross value added at basic prices (GVA) (current US$), per unit of GDP in Caribbean Small States, 1975–2024

00.250.50.751197519992024

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

Analysis

The most recent figure for gross value added at basic prices (gva) (current us$), per unit of gdp in Caribbean Small States is 0.9241 current US$ per US$ of GDP, measured in 2024.

Compared with earlier readings it is down 0.3% on the previous year and down 1.3% over ten years.

Over the whole period, gross value added at basic prices (gva) (current us$), per unit of gdp in Caribbean Small States peaked at 1.02 current US$ per US$ of GDP in 1977 and was at its lowest, 0.877 current US$ per US$ of GDP, in 1989.

Caribbean Small States ranks 25th of 38 groups on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 50 years of available data.

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

Annual values for Gross value added at basic prices (GVA) (current US$), per unit of GDP in Caribbean Small States, 1975 to 2024.
Year current US$ per US$ of GDP Change
1975 0.993 current US$ per US$ of GDP
1976 1 current US$ per US$ of GDP +1.2%
1977 1.02 current US$ per US$ of GDP +1.5%
1978 1.02 current US$ per US$ of GDP -0.5%
1979 1.01 current US$ per US$ of GDP -0.2%
1980 1 current US$ per US$ of GDP -0.9%
1981 0.9995 current US$ per US$ of GDP -0.5%
1982 1.01 current US$ per US$ of GDP +0.8%
1983 1 current US$ per US$ of GDP -0.7%
1984 0.9923 current US$ per US$ of GDP -0.8%
1985 0.9849 current US$ per US$ of GDP -0.7%
1986 0.945 current US$ per US$ of GDP -4.1%
1987 0.9401 current US$ per US$ of GDP -0.5%
1988 0.9232 current US$ per US$ of GDP -1.8%
1989 0.877 current US$ per US$ of GDP -5.0%
1990 0.9086 current US$ per US$ of GDP +3.6%
1991 0.9036 current US$ per US$ of GDP -0.5%
1992 0.9062 current US$ per US$ of GDP +0.3%
1993 0.895 current US$ per US$ of GDP -1.2%
1994 0.8929 current US$ per US$ of GDP -0.2%
1995 0.8914 current US$ per US$ of GDP -0.2%
1996 0.8926 current US$ per US$ of GDP +0.1%
1997 0.9136 current US$ per US$ of GDP +2.4%
1998 0.9022 current US$ per US$ of GDP -1.3%
1999 0.9171 current US$ per US$ of GDP +1.7%
2000 0.9234 current US$ per US$ of GDP +0.7%
2001 0.9306 current US$ per US$ of GDP +0.8%
2002 0.9323 current US$ per US$ of GDP +0.2%
2003 0.9387 current US$ per US$ of GDP +0.7%
2004 0.9398 current US$ per US$ of GDP +0.1%
2005 0.9442 current US$ per US$ of GDP +0.5%
2006 0.9427 current US$ per US$ of GDP -0.1%
2007 0.9428 current US$ per US$ of GDP +0.0%
2008 0.9497 current US$ per US$ of GDP +0.7%
2009 0.9477 current US$ per US$ of GDP -0.2%
2010 0.9512 current US$ per US$ of GDP +0.4%
2011 0.9538 current US$ per US$ of GDP +0.3%
2012 0.9305 current US$ per US$ of GDP -2.4%
2013 0.9354 current US$ per US$ of GDP +0.5%
2014 0.9362 current US$ per US$ of GDP +0.1%
2015 0.9199 current US$ per US$ of GDP -1.7%
2016 0.9237 current US$ per US$ of GDP +0.4%
2017 0.9225 current US$ per US$ of GDP -0.1%
2018 0.9169 current US$ per US$ of GDP -0.6%
2019 0.9169 current US$ per US$ of GDP -0.0%
2020 0.9188 current US$ per US$ of GDP +0.2%
2021 0.9202 current US$ per US$ of GDP +0.2%
2022 0.9381 current US$ per US$ of GDP +1.9%
2023 0.9268 current US$ per US$ of GDP -1.2%
2024 0.9241 current US$ per US$ of GDP -0.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.01 current US$ per US$ of GDP 0.993 current US$ per US$ of GDP 1.02 current US$ per US$ of GDP 5
1980s 0.9675 current US$ per US$ of GDP 0.877 current US$ per US$ of GDP 1.01 current US$ per US$ of GDP 10
1990s 0.9023 current US$ per US$ of GDP 0.8914 current US$ per US$ of GDP 0.9171 current US$ per US$ of GDP 10
2000s 0.9392 current US$ per US$ of GDP 0.9234 current US$ per US$ of GDP 0.9497 current US$ per US$ of GDP 10
2010s 0.9307 current US$ per US$ of GDP 0.9169 current US$ per US$ of GDP 0.9538 current US$ per US$ of GDP 10
2020s 0.9256 current US$ per US$ of GDP 0.9188 current US$ per US$ of GDP 0.9381 current US$ per US$ of GDP 5

Countries ranked near Caribbean Small States

  1. 22 Equatorial Guinea 0.9908 current US$ per US$ of GDP compare
  2. 23 Malaysia 0.9871 current US$ per US$ of GDP compare
  3. 24 Solomon Islands 0.9801 current US$ per US$ of GDP compare
  4. 25 Hong Kong 0.9766 current US$ per US$ of GDP compare
  5. 26 Nigeria 0.9765 current US$ per US$ of GDP compare
  6. 27 Bangladesh 0.9759 current US$ per US$ of GDP compare
  7. 28 Marshall Islands 0.9756 current US$ per US$ of GDP 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$), per unit of gdp in Caribbean Small States?
Gross value added at basic prices (gva) (current us$), per unit of gdp in Caribbean Small States was 0.9241 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Caribbean Small States?
The highest recorded value was 1.02 current US$ per US$ of GDP in 1977.
What is the lowest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Caribbean Small States?
The lowest recorded value was 0.877 current US$ per US$ of GDP in 1989.
How does Caribbean Small States rank for gross value added at basic prices (gva) (current us$), per unit of gdp?
Caribbean Small States ranks 25th out of 38 groups with data for 2024.
Is gross value added at basic prices (gva) (current us$), per unit of gdp rising or falling in Caribbean Small States?
Over the last ten years it is down 1.3%. 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) (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current US$), per unit of GDP 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-per-unit-of-gdp/caribbean-small-states/

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How this figure is calculated

Gross value added at basic prices (GVA) (current 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) (current US$) ÷ GDP (current US$)

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$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,945 data points, 1960–2025
Last refreshed

Gross value added at basic prices (GVA) (current 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.