Services, value added per worker in Caribbean Small States
Caribbean Small States: Services, value added per worker was 30,326 constant 2015 US$ in 2024. ▲ Rising
Services, value added per worker in Caribbean Small States, 1991–2024
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
The most recent figure for services, value added per worker in Caribbean Small States is 30,326 constant 2015 US$, measured in 2024.
The figure is up 2.0% on the previous year and down 4.2% over ten years.
Over the whole period, services, value added per worker in Caribbean Small States peaked at 31,640 constant 2015 US$ in 2014 and was at its lowest, 24,826 constant 2015 US$, in 1997.
Caribbean Small States ranks 10th of 46 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26,469 constant 2015 US$ | 24,826 constant 2015 US$ | 28,210 constant 2015 US$ | 9 |
| 2000s | 27,852 constant 2015 US$ | 26,036 constant 2015 US$ | 30,556 constant 2015 US$ | 10 |
| 2010s | 29,858 constant 2015 US$ | 28,669 constant 2015 US$ | 31,640 constant 2015 US$ | 10 |
| 2020s | 29,106 constant 2015 US$ | 27,633 constant 2015 US$ | 30,326 constant 2015 US$ | 5 |
Countries ranked near Caribbean Small States
- 7 Hong Kong 99,420 constant 2015 US$ compare
- 8 Singapore 94,795 constant 2015 US$ compare
- 9 Belgium 94,071 constant 2015 US$ compare
- 10 Denmark 93,040 constant 2015 US$ compare
- 11 Sweden 92,440 constant 2015 US$ compare
- 12 United Kingdom 87,354 constant 2015 US$ compare
- 13 France 86,607 constant 2015 US$ compare
More economy & growth data for Caribbean Small States
- Foreign direct investment, net inflows 2.08 billion BoP, current US$ (2025)
- Services, value added 47.22 billion current US$ (2024)
- Services, value added 41.90 billion constant 2015 US$ (2024)
- Services, value added 2.5% (2024)
- Foreign direct investment, net inflows 11.4% (2024)
- Inflation, GDP deflator 2.6% (2025)
- Gross value added at basic prices (GVA) 78.02 billion constant 2015 US$ (2024)
- Gross value added at basic prices (GVA) 83.57 billion current US$ (2024)
- Industry (including construction), value added 37.0% (2024)
- Services, value added 52.2% (2024)
Frequently asked questions
- What is services, value added per worker in Caribbean Small States?
- Services, value added per worker in Caribbean Small States was 30,326 constant 2015 US$ in 2024, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Caribbean Small States?
- The highest recorded value was 31,640 constant 2015 US$ in 2014.
- What is the lowest services, value added per worker recorded in Caribbean Small States?
- The lowest recorded value was 24,826 constant 2015 US$ in 1997.
- How does Caribbean Small States rank for services, value added per worker?
- Caribbean Small States ranks 10th out of 46 groups with data for 2024.
- Is services, value added per worker rising or falling in Caribbean Small States?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is rising.
- Where does this Caribbean Small States data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Services, value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.