Output per hour worked, GDP constant 2021 international $ at PPP in CARICOM
CARICOM: Output per hour worked, GDP constant 2021 international $ at PPP was 14.57 in 2027. ▲ Rising
Output per hour worked, GDP constant 2021 international $ at PPP in CARICOM, 2005–2027
Source: International Labour Organization.
Analysis
In 2027, output per hour worked, gdp constant 2021 international $ at ppp in CARICOM stood at 14.57. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 7.2% on the previous year and up 37.1% over ten years.
Over the whole period, output per hour worked, gdp constant 2021 international $ at ppp in CARICOM peaked at 14.57 in 2027 and was at its lowest, 10.31, in 2021.
That places CARICOM 65th out of 87 groups with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Output per hour worked, GDP constant 2021 international $ at PPP in CARICOM, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 11.27 | — |
| 2006 | 11.77 | +4.4% |
| 2007 | 11.98 | +1.8% |
| 2008 | 11.88 | -0.8% |
| 2009 | 11.57 | -2.6% |
| 2010 | 11.4 | -1.5% |
| 2011 | 11.41 | +0.1% |
| 2012 | 11.48 | +0.6% |
| 2013 | 11.48 | +0.0% |
| 2014 | 11.51 | +0.3% |
| 2015 | 11.24 | -2.3% |
| 2016 | 10.87 | -3.3% |
| 2017 | 10.63 | -2.2% |
| 2018 | 10.56 | -0.7% |
| 2019 | 10.42 | -1.3% |
| 2020 | 10.56 | +1.3% |
| 2021 | 10.31 | -2.4% |
| 2022 | 10.93 | +6.0% |
| 2023 | 11.4 | +4.3% |
| 2024 | 12.46 | +9.3% |
| 2025 | 12.75 | +2.3% |
| 2026 | 13.59 | +6.6% |
| 2027 | 14.57 | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.69 | 11.27 | 11.98 | 5 |
| 2010s | 11.1 | 10.42 | 11.51 | 10 |
| 2020s | 12.07 | 10.31 | 14.57 | 8 |
Countries ranked near CARICOM
More economy & growth data for CARICOM
- Gross Domestic Product, GDP in millions constant 2021 international $ 253,308 (2027)
- Gross Domestic Product, GDP in millions constant 2021 international $ 8.41 % change on previous year (2027)
Frequently asked questions
- What is output per hour worked, gdp constant 2021 international $ at ppp in CARICOM?
- Output per hour worked, gdp constant 2021 international $ at ppp in CARICOM was 14.57 in 2027, according to International Labour Organization.
- What is the highest output per hour worked, gdp constant 2021 international $ at ppp recorded in CARICOM?
- The highest recorded value was 14.57 in 2027.
- What is the lowest output per hour worked, gdp constant 2021 international $ at ppp recorded in CARICOM?
- The lowest recorded value was 10.31 in 2021.
- How does CARICOM rank for output per hour worked, gdp constant 2021 international $ at ppp?
- CARICOM ranks 65th out of 87 groups with data for 2027.
- Is output per hour worked, gdp constant 2021 international $ at ppp rising or falling in CARICOM?
- Over the last ten years it is up 37.1%. The long-run trend across the full record is rising.
- Where does this CARICOM data come from?
- The figures come from International Labour Organization, published as part of Output per hour worked, GDP constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under ILO Terms of Use (attribution required).
About this data
Imputed observations are not based on national data, are subject to high uncertainty and should not be used for country comparisons or rankings. This series is based on the 13th ICLS definitions. This measure of labour productivity is calculated using data on GDP (in constant 2021 international dollars at PPP) derived from the World Development Indicators database of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.