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
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Caribbean Small States, 1975–2024
Source: Statizoid (derived). Measured in current US$ 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$), per unit of GDP in Caribbean Small States, year by year
| Year | current US$ 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
| Decade | Average | Lowest | Highest | 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
- 22 Equatorial Guinea 0.9908 current US$ per US$ of GDP compare
- 23 Malaysia 0.9871 current US$ per US$ of GDP compare
- 24 Solomon Islands 0.9801 current US$ per US$ of GDP compare
- 25 Hong Kong 0.9766 current US$ per US$ of GDP compare
- 26 Nigeria 0.9765 current US$ per US$ of GDP compare
- 27 Bangladesh 0.9759 current US$ per US$ of GDP compare
- 28 Marshall Islands 0.9756 current US$ per US$ of GDP compare
More economy & growth data for Caribbean Small States
- GDP 95.14 billion current US$ (2025)
- Services, value added 52.2% (2024)
- Inflation, GDP deflator 2.6% (2025)
- Gross value added at basic prices (GVA) 83.57 billion current US$ (2024)
- Gross value added at basic prices (GVA) 78.02 billion constant 2015 US$ (2024)
- GDP growth 8.0% (2025)
- GDP per capita 20,053 constant 2015 US$ (2025)
- GDP per capita 20,880 current US$ (2025)
- Trade in services 35.2% (2023)
- GDP 91.37 billion constant 2015 US$ (2025)
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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (current US$) 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$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.