Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Caribbean
Caribbean: Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) was 72,304 million USD in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value US$, 2015 prices in Caribbean, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for value added (total manufacturing) — value us$, 2015 prices in Caribbean is 72,304 million USD, measured in 2023.
That represents a change of down 1.5% on the previous year and down 9.2% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Caribbean peaked at 84,493 million USD in 2008 and was at its lowest, 20,789 million USD, in 1970.
Caribbean ranks 39th of 236 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Caribbean, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 20,789 million USD | — |
| 1971 | 21,562 million USD | +3.7% |
| 1972 | 23,744 million USD | +10.1% |
| 1973 | 25,924 million USD | +9.2% |
| 1974 | 27,309 million USD | +5.3% |
| 1975 | 26,390 million USD | -3.4% |
| 1976 | 29,461 million USD | +11.6% |
| 1977 | 31,176 million USD | +5.8% |
| 1978 | 34,265 million USD | +9.9% |
| 1979 | 35,990 million USD | +5.0% |
| 1980 | 37,928 million USD | +5.4% |
| 1981 | 39,259 million USD | +3.5% |
| 1982 | 39,804 million USD | +1.4% |
| 1983 | 40,295 million USD | +1.2% |
| 1984 | 43,289 million USD | +7.4% |
| 1985 | 44,013 million USD | +1.7% |
| 1986 | 44,458 million USD | +1.0% |
| 1987 | 46,210 million USD | +3.9% |
| 1988 | 48,937 million USD | +5.9% |
| 1989 | 49,500 million USD | +1.1% |
| 1990 | 49,907 million USD | +0.8% |
| 1991 | 48,556 million USD | -2.7% |
| 1992 | 49,975 million USD | +2.9% |
| 1993 | 50,975 million USD | +2.0% |
| 1994 | 52,620 million USD | +3.2% |
| 1995 | 55,847 million USD | +6.1% |
| 1996 | 57,076 million USD | +2.2% |
| 1997 | 58,488 million USD | +2.5% |
| 1998 | 63,252 million USD | +8.1% |
| 1999 | 65,139 million USD | +3.0% |
| 2000 | 65,690 million USD | +0.8% |
| 2001 | 71,891 million USD | +9.4% |
| 2002 | 73,540 million USD | +2.3% |
| 2003 | 72,705 million USD | -1.1% |
| 2004 | 75,770 million USD | +4.2% |
| 2005 | 78,139 million USD | +3.1% |
| 2006 | 79,103 million USD | +1.2% |
| 2007 | 79,594 million USD | +0.6% |
| 2008 | 84,493 million USD | +6.2% |
| 2009 | 77,099 million USD | -8.8% |
| 2010 | 79,373 million USD | +2.9% |
| 2011 | 79,244 million USD | -0.2% |
| 2012 | 79,247 million USD | +0.0% |
| 2013 | 79,668 million USD | +0.5% |
| 2014 | 79,517 million USD | -0.2% |
| 2015 | 81,657 million USD | +2.7% |
| 2016 | 81,204 million USD | -0.6% |
| 2017 | 78,736 million USD | -3.0% |
| 2018 | 77,247 million USD | -1.9% |
| 2019 | 77,658 million USD | +0.5% |
| 2020 | 73,136 million USD | -5.8% |
| 2021 | 72,957 million USD | -0.2% |
| 2022 | 73,391 million USD | +0.6% |
| 2023 | 72,304 million USD | -1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27,661 million USD | 20,789 million USD | 35,990 million USD | 10 |
| 1980s | 43,369 million USD | 37,928 million USD | 49,500 million USD | 10 |
| 1990s | 55,183 million USD | 48,556 million USD | 65,139 million USD | 10 |
| 2000s | 75,802 million USD | 65,690 million USD | 84,493 million USD | 10 |
| 2010s | 79,355 million USD | 77,247 million USD | 81,657 million USD | 10 |
| 2020s | 72,947 million USD | 72,304 million USD | 73,391 million USD | 4 |
Countries ranked near Caribbean
More economy & growth data for Caribbean
- Gross Domestic Product, GDP in millions constant 2021 international $ 828,667 (2027)
- Gross Domestic Product — Annual growth US$ per capita 6.36 % (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate 0.3236 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 2.13 % change on previous year (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 15.55 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 64,099 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 92,184 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.59 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 8,773 USD (2024)
- Gross Domestic Product — Value US$ per capita 13,606 USD (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Caribbean?
- Value added (total manufacturing) — value us$, 2015 prices in Caribbean was 72,304 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Caribbean?
- The highest recorded value was 84,493 million USD in 2008.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Caribbean?
- The lowest recorded value was 20,789 million USD in 1970.
- How does Caribbean rank for value added (total manufacturing) — value us$, 2015 prices?
- Caribbean ranks 39th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Caribbean?
- Over the last ten years it is down 9.2%. The long-run trend across the full record is rising.
- Where does this Caribbean data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).