Services, value added per worker (constant 2015 US$) in Caribbean Small States
Caribbean Small States: Services, value added per worker (constant 2015 US$) 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$, in 1997.
Caribbean Small States ranks 10th of 46 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Services, value added per worker (constant 2015 US$) in Caribbean Small States, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1991 | 28,210 constant 2015 US$ | — |
| 1992 | 27,897 constant 2015 US$ | -1.1% |
| 1993 | 27,621 constant 2015 US$ | -1.0% |
| 1994 | 27,160 constant 2015 US$ | -1.7% |
| 1995 | 25,670 constant 2015 US$ | -5.5% |
| 1996 | 25,944 constant 2015 US$ | +1.1% |
| 1997 | 24,826 constant 2015 US$ | -4.3% |
| 1998 | 25,122 constant 2015 US$ | +1.2% |
| 1999 | 25,773 constant 2015 US$ | +2.6% |
| 2000 | 26,044 constant 2015 US$ | +1.1% |
| 2001 | 26,198 constant 2015 US$ | +0.6% |
| 2002 | 26,364 constant 2015 US$ | +0.6% |
| 2003 | 26,036 constant 2015 US$ | -1.2% |
| 2004 | 27,055 constant 2015 US$ | +3.9% |
| 2005 | 27,419 constant 2015 US$ | +1.3% |
| 2006 | 29,664 constant 2015 US$ | +8.2% |
| 2007 | 30,556 constant 2015 US$ | +3.0% |
| 2008 | 30,552 constant 2015 US$ | -0.0% |
| 2009 | 28,630 constant 2015 US$ | -6.3% |
| 2010 | 28,980 constant 2015 US$ | +1.2% |
| 2011 | 29,256 constant 2015 US$ | +1.0% |
| 2012 | 30,495 constant 2015 US$ | +4.2% |
| 2013 | 30,724 constant 2015 US$ | +0.7% |
| 2014 | 31,640 constant 2015 US$ | +3.0% |
| 2015 | 30,849 constant 2015 US$ | -2.5% |
| 2016 | 29,808 constant 2015 US$ | -3.4% |
| 2017 | 28,669 constant 2015 US$ | -3.8% |
| 2018 | 28,815 constant 2015 US$ | +0.5% |
| 2019 | 29,341 constant 2015 US$ | +1.8% |
| 2020 | 27,633 constant 2015 US$ | -5.8% |
| 2021 | 28,436 constant 2015 US$ | +2.9% |
| 2022 | 29,416 constant 2015 US$ | +3.4% |
| 2023 | 29,719 constant 2015 US$ | +1.0% |
| 2024 | 30,326 constant 2015 US$ | +2.0% |
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
- GNI (current US$), annual growth rate 3.26 % change on previous year (2025)
- GNI, Atlas method 88.41 billion current US$ (2025)
- GNI 87.32 billion current US$ (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 5.09 % change on previous year (2024)
- GNI (current US$), per capita 19,164 current US$ per person (2025)
- GNI (current US$), per unit of GDP 0.9178 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0272 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), per capita 20,053 constant 2015 US$ per person (2025)
- GNI, Atlas method (current US$), annual growth rate 3.62 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 541.3 constant 2015 US$ per person (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.
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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.