Manufacturing, value added (current US$) in Caribbean Small States
Caribbean Small States: Manufacturing, value added (current US$) was 5.98 billion current US$ in 2024. ▼ Falling
Manufacturing, value added in Caribbean Small States, 2012–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, manufacturing, value added in Caribbean Small States stood at 5.98 billion current US$.
The figure is up 3.5% on the previous year and down 5.9% over ten years.
Over the whole period, manufacturing, value added in Caribbean Small States peaked at 7.24 billion current US$ in 2022 and was at its lowest, 4.88 billion current US$, in 2020.
Caribbean Small States ranks 46th of 47 groups on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 13 years of available data.
Manufacturing, value added (current US$) in Caribbean Small States, year by year
| Year | current US$ | Change |
|---|---|---|
| 2012 | 7.02 billion current US$ | — |
| 2013 | 6.19 billion current US$ | -11.9% |
| 2014 | 6.35 billion current US$ | +2.7% |
| 2015 | 5.66 billion current US$ | -10.9% |
| 2016 | 5.83 billion current US$ | +3.0% |
| 2017 | 6.00 billion current US$ | +2.9% |
| 2018 | 6.12 billion current US$ | +1.9% |
| 2019 | 5.41 billion current US$ | -11.7% |
| 2020 | 4.88 billion current US$ | -9.7% |
| 2021 | 6.02 billion current US$ | +23.2% |
| 2022 | 7.24 billion current US$ | +20.3% |
| 2023 | 5.77 billion current US$ | -20.2% |
| 2024 | 5.98 billion current US$ | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.07 billion current US$ | 5.41 billion current US$ | 7.02 billion current US$ | 8 |
| 2020s | 5.98 billion current US$ | 4.88 billion current US$ | 7.24 billion current US$ | 5 |
Countries ranked near Caribbean Small States
- 43 Colombia 45.26 billion current US$ compare
- 44 Finland 45.15 billion current US$ compare
- 45 Portugal 39.16 billion current US$ compare
- 46 Kazakhstan 38.91 billion current US$ compare
- 47 Hungary 37.33 billion current US$ compare
- 48 Peru 35.71 billion current US$ compare
- 49 Norway 32.46 billion current US$ compare
More economy & growth data for Caribbean Small States
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9241 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 10,403 current US$ per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 2.45 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.4633 constant 2015 US$ per US$ of GDP (2024)
- Services, value added (constant 2015 US$), per capita 9,230 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 13.29 % change on previous year (2024)
- Gross value added at basic prices (GVA) 83.57 billion current US$ (2024)
- GDP 95.14 billion current US$ (2025)
- Gross value added at basic prices (GVA) 78.02 billion constant 2015 US$ (2024)
- Services, value added (current US$), per unit of GDP 0.5222 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is manufacturing, value added in Caribbean Small States?
- Manufacturing, value added in Caribbean Small States was 5.98 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Caribbean Small States?
- The highest recorded value was 7.24 billion current US$ in 2022.
- What is the lowest manufacturing, value added recorded in Caribbean Small States?
- The lowest recorded value was 4.88 billion current US$ in 2020.
- How does Caribbean Small States rank for manufacturing, value added?
- Caribbean Small States ranks 46th out of 47 groups with data for 2024.
- Is manufacturing, value added rising or falling in Caribbean Small States?
- Over the last ten years it is down 5.9%. The long-run trend across the full record is falling.
- Where does this Caribbean Small States data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.