Industry (including construction), value added (current US$), per in Caribbean Small States
Caribbean Small States: Industry (including construction), value added (current US$), per was 0.3699 current US$ per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (current US$), per in Caribbean Small States, 1966–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, industry (including construction), value added (current us$), per in Caribbean Small States stood at 0.3699 current US$ per US$ of GDP.
That represents a change of up 13.8% on the previous year and up 25.4% over ten years.
Over the whole period, industry (including construction), value added (current us$), per in Caribbean Small States peaked at 0.4867 current US$ per US$ of GDP in 1980 and was at its lowest, 0.2142 current US$ per US$ of GDP, in 1998.
That places Caribbean Small States 2nd out of 47 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 59 years of available data.
Industry (including construction), value added (current US$), per in Caribbean Small States, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1966 | 0.315 current US$ per US$ of GDP | — |
| 1967 | 0.3239 current US$ per US$ of GDP | +2.8% |
| 1968 | 0.3315 current US$ per US$ of GDP | +2.4% |
| 1969 | 0.3103 current US$ per US$ of GDP | -6.4% |
| 1970 | 0.3008 current US$ per US$ of GDP | -3.1% |
| 1971 | 0.3027 current US$ per US$ of GDP | +0.6% |
| 1972 | 0.3088 current US$ per US$ of GDP | +2.0% |
| 1973 | 0.3332 current US$ per US$ of GDP | +7.9% |
| 1974 | 0.4527 current US$ per US$ of GDP | +35.9% |
| 1975 | 0.4498 current US$ per US$ of GDP | -0.6% |
| 1976 | 0.4556 current US$ per US$ of GDP | +1.3% |
| 1977 | 0.4646 current US$ per US$ of GDP | +2.0% |
| 1978 | 0.4445 current US$ per US$ of GDP | -4.3% |
| 1979 | 0.4607 current US$ per US$ of GDP | +3.7% |
| 1980 | 0.4867 current US$ per US$ of GDP | +5.6% |
| 1981 | 0.4572 current US$ per US$ of GDP | -6.1% |
| 1982 | 0.4014 current US$ per US$ of GDP | -12.2% |
| 1983 | 0.3833 current US$ per US$ of GDP | -4.5% |
| 1984 | 0.3866 current US$ per US$ of GDP | +0.9% |
| 1985 | 0.3526 current US$ per US$ of GDP | -8.8% |
| 1986 | 0.2762 current US$ per US$ of GDP | -21.7% |
| 1987 | 0.277 current US$ per US$ of GDP | +0.3% |
| 1988 | 0.2704 current US$ per US$ of GDP | -2.4% |
| 1989 | 0.268 current US$ per US$ of GDP | -0.9% |
| 1990 | 0.2787 current US$ per US$ of GDP | +4.0% |
| 1991 | 0.272 current US$ per US$ of GDP | -2.4% |
| 1992 | 0.2589 current US$ per US$ of GDP | -4.8% |
| 1993 | 0.2383 current US$ per US$ of GDP | -8.0% |
| 1994 | 0.2618 current US$ per US$ of GDP | +9.9% |
| 1995 | 0.2573 current US$ per US$ of GDP | -1.7% |
| 1996 | 0.259 current US$ per US$ of GDP | +0.7% |
| 1997 | 0.2314 current US$ per US$ of GDP | -10.7% |
| 1998 | 0.2142 current US$ per US$ of GDP | -7.4% |
| 1999 | 0.2184 current US$ per US$ of GDP | +2.0% |
| 2000 | 0.2534 current US$ per US$ of GDP | +16.0% |
| 2001 | 0.2411 current US$ per US$ of GDP | -4.8% |
| 2002 | 0.2356 current US$ per US$ of GDP | -2.3% |
| 2003 | 0.2805 current US$ per US$ of GDP | +19.0% |
| 2004 | 0.3018 current US$ per US$ of GDP | +7.6% |
| 2005 | 0.3379 current US$ per US$ of GDP | +12.0% |
| 2006 | 0.3548 current US$ per US$ of GDP | +5.0% |
| 2007 | 0.3535 current US$ per US$ of GDP | -0.4% |
| 2008 | 0.4036 current US$ per US$ of GDP | +14.2% |
| 2009 | 0.3176 current US$ per US$ of GDP | -21.3% |
| 2010 | 0.3293 current US$ per US$ of GDP | +3.7% |
| 2011 | 0.3563 current US$ per US$ of GDP | +8.2% |
| 2012 | 0.3129 current US$ per US$ of GDP | -12.2% |
| 2013 | 0.3041 current US$ per US$ of GDP | -2.8% |
| 2014 | 0.295 current US$ per US$ of GDP | -3.0% |
| 2015 | 0.2475 current US$ per US$ of GDP | -16.1% |
| 2016 | 0.2418 current US$ per US$ of GDP | -2.3% |
| 2017 | 0.2514 current US$ per US$ of GDP | +4.0% |
| 2018 | 0.2547 current US$ per US$ of GDP | +1.3% |
| 2019 | 0.244 current US$ per US$ of GDP | -4.2% |
| 2020 | 0.2437 current US$ per US$ of GDP | -0.1% |
| 2021 | 0.2928 current US$ per US$ of GDP | +20.2% |
| 2022 | 0.3617 current US$ per US$ of GDP | +23.5% |
| 2023 | 0.325 current US$ per US$ of GDP | -10.2% |
| 2024 | 0.3699 current US$ per US$ of GDP | +13.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3202 current US$ per US$ of GDP | 0.3103 current US$ per US$ of GDP | 0.3315 current US$ per US$ of GDP | 4 |
| 1970s | 0.3973 current US$ per US$ of GDP | 0.3008 current US$ per US$ of GDP | 0.4646 current US$ per US$ of GDP | 10 |
| 1980s | 0.3559 current US$ per US$ of GDP | 0.268 current US$ per US$ of GDP | 0.4867 current US$ per US$ of GDP | 10 |
| 1990s | 0.249 current US$ per US$ of GDP | 0.2142 current US$ per US$ of GDP | 0.2787 current US$ per US$ of GDP | 10 |
| 2000s | 0.308 current US$ per US$ of GDP | 0.2356 current US$ per US$ of GDP | 0.4036 current US$ per US$ of GDP | 10 |
| 2010s | 0.2837 current US$ per US$ of GDP | 0.2418 current US$ per US$ of GDP | 0.3563 current US$ per US$ of GDP | 10 |
| 2020s | 0.3186 current US$ per US$ of GDP | 0.2437 current US$ per US$ of GDP | 0.3699 current US$ per US$ of GDP | 5 |
Countries ranked near Caribbean Small States
More economy & growth data for Caribbean Small States
- Manufacturing, value added 6.6% (2024)
- Services, value added 2.5% (2024)
- Services, value added 41.90 billion constant 2015 US$ (2024)
- Services, value added 47.22 billion current US$ (2024)
- GNI, Atlas method (current US$), annual growth rate 3.62 % change on previous year (2025)
- Industry (including construction), value added 37.0% (2024)
- Industry (including construction), value added 30.8% (2024)
- Industry (including construction), value added 33.32 billion constant 2015 US$ (2024)
- Industry (including construction), value added 33.45 billion current US$ (2024)
- GDP (constant 2015 US$), annual growth rate 7.98 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added (current us$), per in Caribbean Small States?
- Industry (including construction), value added (current us$), per in Caribbean Small States was 0.3699 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current us$), per recorded in Caribbean Small States?
- The highest recorded value was 0.4867 current US$ per US$ of GDP in 1980.
- What is the lowest industry (including construction), value added (current us$), per recorded in Caribbean Small States?
- The lowest recorded value was 0.2142 current US$ per US$ of GDP in 1998.
- How does Caribbean Small States rank for industry (including construction), value added (current us$), per?
- Caribbean Small States ranks 2nd out of 47 groups with data for 2024.
- Is industry (including construction), value added (current us$), per rising or falling in Caribbean Small States?
- Over the last ten years it is up 25.4%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (current US$) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.