Service exports (BoP, current US$), per unit of GDP in Caribbean Small States
Caribbean Small States: Service exports (BoP, current US$), per unit of GDP was 0.1795 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Service exports (BoP, current US$), per unit of GDP in Caribbean Small States, 1976–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Caribbean Small States recorded 0.1795 BoP, current US$ per US$ of GDP for service exports (bop, current us$), per unit of gdp in 2024.
The figure is down 1.0% on the previous year and up 21.2% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Caribbean Small States peaked at 0.27 BoP, current US$ per US$ of GDP in 1993 and was at its lowest, 0.0949 BoP, current US$ per US$ of GDP, in 2020.
Caribbean Small States ranks 4th of 45 groups on this measure, in the top 10%.
The long-run direction has been consistently falling across the 49 years of available data.
Service exports (BoP, current US$), per unit of GDP in Caribbean Small States, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.1846 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.1814 BoP, current US$ per US$ of GDP | -1.7% |
| 1978 | 0.1781 BoP, current US$ per US$ of GDP | -1.9% |
| 1979 | 0.1731 BoP, current US$ per US$ of GDP | -2.8% |
| 1980 | 0.1598 BoP, current US$ per US$ of GDP | -7.7% |
| 1981 | 0.1506 BoP, current US$ per US$ of GDP | -5.7% |
| 1982 | 0.1418 BoP, current US$ per US$ of GDP | -5.9% |
| 1983 | 0.1347 BoP, current US$ per US$ of GDP | -5.0% |
| 1984 | 0.1448 BoP, current US$ per US$ of GDP | +7.5% |
| 1985 | 0.1643 BoP, current US$ per US$ of GDP | +13.5% |
| 1986 | 0.2144 BoP, current US$ per US$ of GDP | +30.4% |
| 1987 | 0.2132 BoP, current US$ per US$ of GDP | -0.5% |
| 1988 | 0.2271 BoP, current US$ per US$ of GDP | +6.5% |
| 1989 | 0.2599 BoP, current US$ per US$ of GDP | +14.5% |
| 1990 | 0.2527 BoP, current US$ per US$ of GDP | -2.8% |
| 1991 | 0.2439 BoP, current US$ per US$ of GDP | -3.5% |
| 1992 | 0.252 BoP, current US$ per US$ of GDP | +3.3% |
| 1993 | 0.27 BoP, current US$ per US$ of GDP | +7.1% |
| 1994 | 0.2653 BoP, current US$ per US$ of GDP | -1.7% |
| 1995 | 0.254 BoP, current US$ per US$ of GDP | -4.3% |
| 1996 | 0.2597 BoP, current US$ per US$ of GDP | +2.3% |
| 1997 | 0.2256 BoP, current US$ per US$ of GDP | -13.1% |
| 1998 | 0.2186 BoP, current US$ per US$ of GDP | -3.1% |
| 1999 | 0.2167 BoP, current US$ per US$ of GDP | -0.9% |
| 2000 | 0.2166 BoP, current US$ per US$ of GDP | -0.1% |
| 2001 | 0.1997 BoP, current US$ per US$ of GDP | -7.8% |
| 2002 | 0.2051 BoP, current US$ per US$ of GDP | +2.7% |
| 2003 | 0.1981 BoP, current US$ per US$ of GDP | -3.4% |
| 2004 | 0.1965 BoP, current US$ per US$ of GDP | -0.8% |
| 2005 | 0.1912 BoP, current US$ per US$ of GDP | -2.7% |
| 2006 | 0.1663 BoP, current US$ per US$ of GDP | -13.0% |
| 2007 | 0.1635 BoP, current US$ per US$ of GDP | -1.7% |
| 2008 | 0.1452 BoP, current US$ per US$ of GDP | -11.2% |
| 2009 | 0.1603 BoP, current US$ per US$ of GDP | +10.4% |
| 2010 | 0.1528 BoP, current US$ per US$ of GDP | -4.7% |
| 2011 | 0.1479 BoP, current US$ per US$ of GDP | -3.2% |
| 2012 | 0.1466 BoP, current US$ per US$ of GDP | -0.9% |
| 2013 | 0.1451 BoP, current US$ per US$ of GDP | -1.0% |
| 2014 | 0.1481 BoP, current US$ per US$ of GDP | +2.0% |
| 2015 | 0.1519 BoP, current US$ per US$ of GDP | +2.6% |
| 2016 | 0.1723 BoP, current US$ per US$ of GDP | +13.4% |
| 2017 | 0.1668 BoP, current US$ per US$ of GDP | -3.2% |
| 2018 | 0.1828 BoP, current US$ per US$ of GDP | +9.6% |
| 2019 | 0.1935 BoP, current US$ per US$ of GDP | +5.8% |
| 2020 | 0.0949 BoP, current US$ per US$ of GDP | -51.0% |
| 2021 | 0.1211 BoP, current US$ per US$ of GDP | +27.7% |
| 2022 | 0.1572 BoP, current US$ per US$ of GDP | +29.7% |
| 2023 | 0.1813 BoP, current US$ per US$ of GDP | +15.4% |
| 2024 | 0.1795 BoP, current US$ per US$ of GDP | -1.0% |
Biggest year-on-year movements
Years where Service exports (BoP, current US$), per unit of GDP in Caribbean Small States changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -51.0% | 0.1935 BoP, current US$ per US$ of GDP | 0.0949 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1793 BoP, current US$ per US$ of GDP | 0.1731 BoP, current US$ per US$ of GDP | 0.1846 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.1811 BoP, current US$ per US$ of GDP | 0.1347 BoP, current US$ per US$ of GDP | 0.2599 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.2458 BoP, current US$ per US$ of GDP | 0.2167 BoP, current US$ per US$ of GDP | 0.27 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.1843 BoP, current US$ per US$ of GDP | 0.1452 BoP, current US$ per US$ of GDP | 0.2166 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.1608 BoP, current US$ per US$ of GDP | 0.1451 BoP, current US$ per US$ of GDP | 0.1935 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.1468 BoP, current US$ per US$ of GDP | 0.0949 BoP, current US$ per US$ of GDP | 0.1813 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Caribbean Small States
- 1 Luxembourg 1.65 BoP, current US$ per US$ of GDP compare
- 2 Malta 0.9995 BoP, current US$ per US$ of GDP compare
- 3 Cyprus 0.8667 BoP, current US$ per US$ of GDP compare
- 4 Ireland 0.8634 BoP, current US$ per US$ of GDP compare
- 5 Andorra 0.8354 BoP, current US$ per US$ of GDP compare
- 6 Macao 0.8282 BoP, current US$ per US$ of GDP compare
- 7 Aruba 0.7978 BoP, current US$ per US$ of GDP compare
More economy & growth data for Caribbean Small States
- GDP per capita 20,880 current US$ (2025)
- Gross value added at basic prices (GVA) 83.57 billion current US$ (2024)
- Gross value added at basic prices (GVA) 78.02 billion constant 2015 US$ (2024)
- GDP 95.14 billion current US$ (2025)
- GDP 91.37 billion constant 2015 US$ (2025)
- Industry (including construction), value added (current US$), per 7,369 current US$ per person (2024)
- Industry (including construction), value added (constant 2015 US$) 30.78 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.3684 constant 2015 US$ per US$ of GDP (2024)
- GNI, Atlas method 88.41 billion current US$ (2025)
- Industry (including construction), value added (constant 2015 US$) 7,340 constant 2015 US$ per person (2024)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Caribbean Small States?
- Service exports (bop, current us$), per unit of gdp in Caribbean Small States was 0.1795 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Caribbean Small States?
- The highest recorded value was 0.27 BoP, current US$ per US$ of GDP in 1993.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Caribbean Small States?
- The lowest recorded value was 0.0949 BoP, current US$ per US$ of GDP in 2020.
- How does Caribbean Small States rank for service exports (bop, current us$), per unit of gdp?
- Caribbean Small States ranks 4th out of 45 groups with data for 2024.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Caribbean Small States?
- Over the last ten years it is up 21.2%. 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 Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.