Industry (including construction), value added (constant 2015 US$) in Caribbean Small States
Caribbean Small States: Industry (including construction), value added (constant 2015 US$) was 0.3684 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (constant 2015 US$) in Caribbean Small States, 1984–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, industry (including construction), value added (constant 2015 us$) in Caribbean Small States stood at 0.3684 constant 2015 US$ per US$ of GDP.
That represents a change of up 15.1% on the previous year and up 51.3% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Caribbean Small States peaked at 0.5863 constant 2015 US$ per US$ of GDP in 1986 and was at its lowest, 0.2365 constant 2015 US$ per US$ of GDP, in 2019.
That places Caribbean Small States 1st out of 45 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 41 years of available data.
Industry (including construction), value added (constant 2015 US$) in Caribbean Small States, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.5164 constant 2015 US$ per US$ of GDP | — |
| 1985 | 0.4988 constant 2015 US$ per US$ of GDP | -3.4% |
| 1986 | 0.5863 constant 2015 US$ per US$ of GDP | +17.6% |
| 1987 | 0.5315 constant 2015 US$ per US$ of GDP | -9.3% |
| 1988 | 0.557 constant 2015 US$ per US$ of GDP | +4.8% |
| 1989 | 0.566 constant 2015 US$ per US$ of GDP | +1.6% |
| 1990 | 0.5272 constant 2015 US$ per US$ of GDP | -6.9% |
| 1991 | 0.5222 constant 2015 US$ per US$ of GDP | -1.0% |
| 1992 | 0.499 constant 2015 US$ per US$ of GDP | -4.4% |
| 1993 | 0.4976 constant 2015 US$ per US$ of GDP | -0.3% |
| 1994 | 0.4926 constant 2015 US$ per US$ of GDP | -1.0% |
| 1995 | 0.4523 constant 2015 US$ per US$ of GDP | -8.2% |
| 1996 | 0.4469 constant 2015 US$ per US$ of GDP | -1.2% |
| 1997 | 0.4004 constant 2015 US$ per US$ of GDP | -10.4% |
| 1998 | 0.3953 constant 2015 US$ per US$ of GDP | -1.3% |
| 1999 | 0.3839 constant 2015 US$ per US$ of GDP | -2.9% |
| 2000 | 0.3823 constant 2015 US$ per US$ of GDP | -0.4% |
| 2001 | 0.3801 constant 2015 US$ per US$ of GDP | -0.6% |
| 2002 | 0.3814 constant 2015 US$ per US$ of GDP | +0.3% |
| 2003 | 0.401 constant 2015 US$ per US$ of GDP | +5.1% |
| 2004 | 0.3875 constant 2015 US$ per US$ of GDP | -3.4% |
| 2005 | 0.3722 constant 2015 US$ per US$ of GDP | -4.0% |
| 2006 | 0.3623 constant 2015 US$ per US$ of GDP | -2.7% |
| 2007 | 0.329 constant 2015 US$ per US$ of GDP | -9.2% |
| 2008 | 0.2929 constant 2015 US$ per US$ of GDP | -11.0% |
| 2009 | 0.337 constant 2015 US$ per US$ of GDP | +15.1% |
| 2010 | 0.3029 constant 2015 US$ per US$ of GDP | -10.1% |
| 2011 | 0.2782 constant 2015 US$ per US$ of GDP | -8.2% |
| 2012 | 0.2564 constant 2015 US$ per US$ of GDP | -7.8% |
| 2013 | 0.2521 constant 2015 US$ per US$ of GDP | -1.7% |
| 2014 | 0.2435 constant 2015 US$ per US$ of GDP | -3.4% |
| 2015 | 0.2475 constant 2015 US$ per US$ of GDP | +1.6% |
| 2016 | 0.2599 constant 2015 US$ per US$ of GDP | +5.0% |
| 2017 | 0.2514 constant 2015 US$ per US$ of GDP | -3.3% |
| 2018 | 0.2428 constant 2015 US$ per US$ of GDP | -3.4% |
| 2019 | 0.2365 constant 2015 US$ per US$ of GDP | -2.6% |
| 2020 | 0.2852 constant 2015 US$ per US$ of GDP | +20.6% |
| 2021 | 0.2632 constant 2015 US$ per US$ of GDP | -7.7% |
| 2022 | 0.2754 constant 2015 US$ per US$ of GDP | +4.6% |
| 2023 | 0.3201 constant 2015 US$ per US$ of GDP | +16.2% |
| 2024 | 0.3684 constant 2015 US$ per US$ of GDP | +15.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5427 constant 2015 US$ per US$ of GDP | 0.4988 constant 2015 US$ per US$ of GDP | 0.5863 constant 2015 US$ per US$ of GDP | 6 |
| 1990s | 0.4617 constant 2015 US$ per US$ of GDP | 0.3839 constant 2015 US$ per US$ of GDP | 0.5272 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.3626 constant 2015 US$ per US$ of GDP | 0.2929 constant 2015 US$ per US$ of GDP | 0.401 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.2571 constant 2015 US$ per US$ of GDP | 0.2365 constant 2015 US$ per US$ of GDP | 0.3029 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.3024 constant 2015 US$ per US$ of GDP | 0.2632 constant 2015 US$ per US$ of GDP | 0.3684 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Caribbean Small States
- 1 Guyana 0.9565 constant 2015 US$ per US$ of GDP compare
- 2 Uzbekistan 0.6243 constant 2015 US$ per US$ of GDP compare
- 3 Libya 0.622 constant 2015 US$ per US$ of GDP compare
- 4 Turkmenistan 0.5918 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Caribbean Small States
- Industry (including construction), value added 37.0% (2024)
- GDP (constant 2015 US$), per capita 20,053 constant 2015 US$ per person (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9604 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), annual growth rate 7.98 % change on previous year (2025)
- GDP (current US$), per capita 20,880 current US$ per person (2025)
- Services, value added 52.2% (2024)
- Services, value added 41.90 billion constant 2015 US$ (2024)
- Services, value added 47.22 billion current US$ (2024)
- GDP (current US$), annual growth rate 5.2 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added 5.1% (2024)
Frequently asked questions
- What is industry (including construction), value added (constant 2015 us$) in Caribbean Small States?
- Industry (including construction), value added (constant 2015 us$) in Caribbean Small States was 0.3684 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Caribbean Small States?
- The highest recorded value was 0.5863 constant 2015 US$ per US$ of GDP in 1986.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Caribbean Small States?
- The lowest recorded value was 0.2365 constant 2015 US$ per US$ of GDP in 2019.
- How does Caribbean Small States rank for industry (including construction), value added (constant 2015 us$)?
- Caribbean Small States ranks 1st out of 45 groups with data for 2024.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Caribbean Small States?
- Over the last ten years it is up 51.3%. 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 Industry (including construction), value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.