Services, value added (current US$), per unit of GDP in Caribbean Small States
Caribbean Small States: Services, value added (current US$), per unit of GDP was 0.5222 current US$ per US$ of GDP in 2024. ▬ Flat
Services, value added (current US$), per unit of GDP in Caribbean Small States, 1977–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for services, value added (current us$), per unit of gdp in Caribbean Small States is 0.5222 current US$ per US$ of GDP, measured in 2024.
The figure is down 8.1% on the previous year and down 13.8% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in Caribbean Small States peaked at 0.6668 current US$ per US$ of GDP in 2002 and was at its lowest, 0.5071 current US$ per US$ of GDP, in 1980.
That places Caribbean Small States 30th out of 47 groups with data for 2024, putting it in the middle of the range.
Services, value added (current US$), per unit of GDP in Caribbean Small States, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.5101 current US$ per US$ of GDP | — |
| 1978 | 0.5324 current US$ per US$ of GDP | +4.4% |
| 1979 | 0.5193 current US$ per US$ of GDP | -2.5% |
| 1980 | 0.5071 current US$ per US$ of GDP | -2.3% |
| 1981 | 0.5447 current US$ per US$ of GDP | +7.4% |
| 1982 | 0.6237 current US$ per US$ of GDP | +14.5% |
| 1983 | 0.6221 current US$ per US$ of GDP | -0.3% |
| 1984 | 0.5981 current US$ per US$ of GDP | -3.8% |
| 1985 | 0.6128 current US$ per US$ of GDP | +2.4% |
| 1986 | 0.6308 current US$ per US$ of GDP | +2.9% |
| 1987 | 0.6223 current US$ per US$ of GDP | -1.3% |
| 1988 | 0.614 current US$ per US$ of GDP | -1.3% |
| 1989 | 0.5668 current US$ per US$ of GDP | -7.7% |
| 1990 | 0.583 current US$ per US$ of GDP | +2.9% |
| 1991 | 0.584 current US$ per US$ of GDP | +0.2% |
| 1992 | 0.5982 current US$ per US$ of GDP | +2.4% |
| 1993 | 0.6055 current US$ per US$ of GDP | +1.2% |
| 1994 | 0.5777 current US$ per US$ of GDP | -4.6% |
| 1995 | 0.5765 current US$ per US$ of GDP | -0.2% |
| 1996 | 0.5777 current US$ per US$ of GDP | +0.2% |
| 1997 | 0.6376 current US$ per US$ of GDP | +10.4% |
| 1998 | 0.6495 current US$ per US$ of GDP | +1.9% |
| 1999 | 0.6643 current US$ per US$ of GDP | +2.3% |
| 2000 | 0.6386 current US$ per US$ of GDP | -3.9% |
| 2001 | 0.6609 current US$ per US$ of GDP | +3.5% |
| 2002 | 0.6668 current US$ per US$ of GDP | +0.9% |
| 2003 | 0.6283 current US$ per US$ of GDP | -5.8% |
| 2004 | 0.6106 current US$ per US$ of GDP | -2.8% |
| 2005 | 0.582 current US$ per US$ of GDP | -4.7% |
| 2006 | 0.5532 current US$ per US$ of GDP | -5.0% |
| 2007 | 0.5577 current US$ per US$ of GDP | +0.8% |
| 2008 | 0.5154 current US$ per US$ of GDP | -7.6% |
| 2009 | 0.5929 current US$ per US$ of GDP | +15.0% |
| 2010 | 0.584 current US$ per US$ of GDP | -1.5% |
| 2011 | 0.5633 current US$ per US$ of GDP | -3.6% |
| 2012 | 0.5819 current US$ per US$ of GDP | +3.3% |
| 2013 | 0.595 current US$ per US$ of GDP | +2.2% |
| 2014 | 0.6059 current US$ per US$ of GDP | +1.8% |
| 2015 | 0.6335 current US$ per US$ of GDP | +4.6% |
| 2016 | 0.6468 current US$ per US$ of GDP | +2.1% |
| 2017 | 0.6333 current US$ per US$ of GDP | -2.1% |
| 2018 | 0.6281 current US$ per US$ of GDP | -0.8% |
| 2019 | 0.6417 current US$ per US$ of GDP | +2.2% |
| 2020 | 0.6385 current US$ per US$ of GDP | -0.5% |
| 2021 | 0.5939 current US$ per US$ of GDP | -7.0% |
| 2022 | 0.5449 current US$ per US$ of GDP | -8.3% |
| 2023 | 0.5685 current US$ per US$ of GDP | +4.3% |
| 2024 | 0.5222 current US$ per US$ of GDP | -8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5206 current US$ per US$ of GDP | 0.5101 current US$ per US$ of GDP | 0.5324 current US$ per US$ of GDP | 3 |
| 1980s | 0.5942 current US$ per US$ of GDP | 0.5071 current US$ per US$ of GDP | 0.6308 current US$ per US$ of GDP | 10 |
| 1990s | 0.6054 current US$ per US$ of GDP | 0.5765 current US$ per US$ of GDP | 0.6643 current US$ per US$ of GDP | 10 |
| 2000s | 0.6006 current US$ per US$ of GDP | 0.5154 current US$ per US$ of GDP | 0.6668 current US$ per US$ of GDP | 10 |
| 2010s | 0.6113 current US$ per US$ of GDP | 0.5633 current US$ per US$ of GDP | 0.6468 current US$ per US$ of GDP | 10 |
| 2020s | 0.5736 current US$ per US$ of GDP | 0.5222 current US$ per US$ of GDP | 0.6385 current US$ per US$ of GDP | 5 |
Countries ranked near Caribbean Small States
- 27 Switzerland 0.7175 current US$ per US$ of GDP compare
- 28 Timor-Leste 0.7163 current US$ per US$ of GDP compare
- 29 Singapore 0.7159 current US$ per US$ of GDP compare
- 30 Japan 0.7143 current US$ per US$ of GDP compare
- 31 Belgium 0.7123 current US$ per US$ of GDP compare
- 32 France 0.7085 current US$ per US$ of GDP compare
- 33 Netherlands 0.7041 current US$ per US$ of GDP compare
More economy & growth data for Caribbean Small States
- GNI (current US$), per unit of GDP 0.9178 current US$ per US$ of GDP (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)
- Manufacturing, value added 6.6% (2024)
- GNI (current US$), per capita 19,164 current US$ per person (2025)
- Manufacturing, value added 5.05 billion constant 2015 US$ (2024)
- Manufacturing, value added 5.98 billion current US$ (2024)
- Inflation, consumer prices 1.2% (2025)
Frequently asked questions
- What is services, value added (current us$), per unit of gdp in Caribbean Small States?
- Services, value added (current us$), per unit of gdp in Caribbean Small States was 0.5222 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Caribbean Small States?
- The highest recorded value was 0.6668 current US$ per US$ of GDP in 2002.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Caribbean Small States?
- The lowest recorded value was 0.5071 current US$ per US$ of GDP in 1980.
- How does Caribbean Small States rank for services, value added (current us$), per unit of gdp?
- Caribbean Small States ranks 30th out of 47 groups with data for 2024.
- Is services, value added (current us$), per unit of gdp rising or falling in Caribbean Small States?
- Over the last ten years it is down 13.8%. The long-run trend across the full record is flat.
- Where does this Caribbean Small States data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.