Manufacturing value added (current United States dollars) as a in Caribbean

Caribbean: Manufacturing value added (current United States dollars) as a was 16.9% in 2024. ▼ Falling

Latest (2024)
16.9%
Change on year
down 2.8%
Rank
7th
of 38 groups
All-time high
25.4%
in 2003
All-time low
16.9%
in 2024
Years of data
25
2000–2024

Manufacturing value added (current United States dollars) as a in Caribbean, 2000–2024

01020302000201220242000: 23.32001: 24.62002: 25.12003: 25.42004: 25.22005: 24.12006: 23.22007: 22.62008: 22.82009: 23.92010: 24.32011: 23.82012: 23.42013: 22.82014: 22.52015: 22.62016: 22.52017: 21.52018: 20.82019: 20.72020: 21.12021: 19.82022: 18.72023: 17.42024: 16.9

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, manufacturing value added (current united states dollars) as a in Caribbean stood at 16.9%. That is the lowest value across all 25 years on record.

That represents a change of down 2.8% on the previous year and down 24.8% over ten years.

Over the whole period, manufacturing value added (current united states dollars) as a in Caribbean peaked at 25.4% in 2003 and was at its lowest, 16.9%, in 2024.

That places Caribbean 7th out of 38 groups with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 25 years of available data.

Manufacturing value added (current United States dollars) as a in Caribbean, year by year

Annual values for Manufacturing value added (current United States dollars) as a proportion of GDP (%) in Caribbean, 2000 to 2024.
Year Value Change
2000 23.3%
2001 24.6% +5.6%
2002 25.1% +2.3%
2003 25.4% +0.8%
2004 25.2% -0.5%
2005 24.1% -4.6%
2006 23.2% -3.7%
2007 22.6% -2.5%
2008 22.8% +0.6%
2009 23.9% +4.8%
2010 24.3% +1.9%
2011 23.8% -2.2%
2012 23.4% -1.4%
2013 22.8% -2.5%
2014 22.5% -1.5%
2015 22.6% +0.3%
2016 22.5% -0.4%
2017 21.5% -4.3%
2018 20.8% -3.3%
2019 20.7% -0.5%
2020 21.1% +1.7%
2021 19.8% -6.1%
2022 18.7% -5.4%
2023 17.4% -7.0%
2024 16.9% -2.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 24.0% 22.6% 25.4% 10
2010s 22.5% 20.7% 24.3% 10
2020s 18.8% 16.9% 21.1% 5

Countries ranked near Caribbean

  1. 4 Turkmenistan 30.7% compare
  2. 5 Eswatini 29.0% compare
  3. 6 Cambodia 28.1% compare
  4. 7 Ireland 27.2% compare
  5. 8 Republic of Korea 26.6% compare
  6. 8 Korea 26.6% compare
  7. 10 Haiti 26.2% compare

See the full ranking of 265 places →

More economy & growth data for Caribbean

All data for Caribbean →

Frequently asked questions

What is manufacturing value added (current united states dollars) as a in Caribbean?
Manufacturing value added (current united states dollars) as a in Caribbean was 16.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest manufacturing value added (current united states dollars) as a recorded in Caribbean?
The highest recorded value was 25.4% in 2003.
What is the lowest manufacturing value added (current united states dollars) as a recorded in Caribbean?
The lowest recorded value was 16.9% in 2024.
How does Caribbean rank for manufacturing value added (current united states dollars) as a?
Caribbean ranks 7th out of 38 groups with data for 2024.
Is manufacturing value added (current united states dollars) as a rising or falling in Caribbean?
Over the last ten years it is down 24.8%. The long-run trend across the full record is falling.
Where does this Caribbean data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Manufacturing value added (current United States dollars) as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Manufacturing value added (current United States dollars) as a in Caribbean. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 14 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-current-united-states-dollars-as-a-proportion-of-gdp-percent/caribbean/

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About this data

Indicator
Manufacturing value added (current United States dollars) as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
265 places, 6,541 data points, 2000–2024
Last refreshed