Value Added (Total Manufacturing) — Value US$, annual growth rate in Caribbean
Caribbean: Value Added (Total Manufacturing) — Value US$, annual growth rate was 10 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, annual growth rate in Caribbean, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value us$, annual growth rate in Caribbean stood at 10 % change on previous year.
Compared with earlier readings it is up 3.5% on the previous year and up 4,310.5% over ten years.
Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Caribbean peaked at 22.21 % change on previous year in 1974 and was at its lowest, -10.23 % change on previous year, in 1985.
Caribbean ranks 69th of 236 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, annual growth rate in Caribbean, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.8 % change on previous year | — |
| 1972 | 18.24 % change on previous year | +68.9% |
| 1973 | 16.23 % change on previous year | -11.0% |
| 1974 | 22.21 % change on previous year | +36.8% |
| 1975 | 16.33 % change on previous year | -26.5% |
| 1976 | 13.98 % change on previous year | -14.4% |
| 1977 | 8.82 % change on previous year | -36.9% |
| 1978 | 11.73 % change on previous year | +32.9% |
| 1979 | 11.58 % change on previous year | -1.3% |
| 1980 | 11.59 % change on previous year | +0.1% |
| 1981 | 5.89 % change on previous year | -49.2% |
| 1982 | 10.73 % change on previous year | +82.2% |
| 1983 | 7.12 % change on previous year | -33.6% |
| 1984 | 9.56 % change on previous year | +34.3% |
| 1985 | -10.23 % change on previous year | -207.0% |
| 1986 | 8.01 % change on previous year | -178.2% |
| 1987 | 3.29 % change on previous year | -58.9% |
| 1988 | 8.05 % change on previous year | +144.5% |
| 1989 | 7.14 % change on previous year | -11.3% |
| 1990 | 8.02 % change on previous year | +12.4% |
| 1991 | 1.5 % change on previous year | -81.3% |
| 1992 | 8.44 % change on previous year | +461.4% |
| 1993 | 6.88 % change on previous year | -18.4% |
| 1994 | 15.35 % change on previous year | +123.1% |
| 1995 | 9.6 % change on previous year | -37.5% |
| 1996 | 0.4692 % change on previous year | -95.1% |
| 1997 | 3.83 % change on previous year | +715.3% |
| 1998 | 12.1 % change on previous year | +216.3% |
| 1999 | 3.12 % change on previous year | -74.2% |
| 2000 | 4.74 % change on previous year | +51.9% |
| 2001 | 12.86 % change on previous year | +171.5% |
| 2002 | 6.34 % change on previous year | -50.7% |
| 2003 | 1.76 % change on previous year | -72.2% |
| 2004 | 6.6 % change on previous year | +274.5% |
| 2005 | 9.34 % change on previous year | +41.5% |
| 2006 | 5.55 % change on previous year | -40.6% |
| 2007 | 6.5 % change on previous year | +17.2% |
| 2008 | 8.15 % change on previous year | +25.4% |
| 2009 | 2.36 % change on previous year | -71.0% |
| 2010 | 7.48 % change on previous year | +216.5% |
| 2011 | 3.85 % change on previous year | -48.5% |
| 2012 | 1.9 % change on previous year | -50.6% |
| 2013 | 0.2266 % change on previous year | -88.1% |
| 2014 | 1.78 % change on previous year | +686.7% |
| 2015 | 3.42 % change on previous year | +91.8% |
| 2016 | 1.51 % change on previous year | -55.8% |
| 2017 | -0.7907 % change on previous year | -152.3% |
| 2018 | -0.346 % change on previous year | -56.2% |
| 2019 | 2 % change on previous year | -677.3% |
| 2020 | -3.47 % change on previous year | -273.9% |
| 2021 | 6.53 % change on previous year | -288.1% |
| 2022 | 9.66 % change on previous year | +47.8% |
| 2023 | 10 % change on previous year | +3.5% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, annual growth rate in Caribbean 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 |
|---|---|---|---|
| 1997 | +715.3% | 0.4692 % change on previous year | 3.83 % change on previous year |
| 2014 | +686.7% | 0.2266 % change on previous year | 1.78 % change on previous year |
| 2019 | +677.3% | -0.346 % change on previous year | 2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.43 % change on previous year | 8.82 % change on previous year | 22.21 % change on previous year | 9 |
| 1980s | 6.11 % change on previous year | -10.23 % change on previous year | 11.59 % change on previous year | 10 |
| 1990s | 6.93 % change on previous year | 0.4692 % change on previous year | 15.35 % change on previous year | 10 |
| 2000s | 6.42 % change on previous year | 1.76 % change on previous year | 12.86 % change on previous year | 10 |
| 2010s | 2.1 % change on previous year | -0.7907 % change on previous year | 7.48 % change on previous year | 10 |
| 2020s | 5.68 % change on previous year | -3.47 % change on previous year | 10 % change on previous year | 4 |
Countries ranked near Caribbean
- 66 Cyprus 10.38 % change on previous year compare
- 67 Germany 10.24 % change on previous year compare
- 68 French Polynesia 10.17 % change on previous year compare
- 70 Malawi 9.83 % change on previous year compare
- 71 Comoros 9.74 % change on previous year compare
- 72 Italy 9.73 % change on previous year compare
More economy & growth data for Caribbean
- Gross Domestic Product, GDP in millions constant 2021 international $ 828,667 (2027)
- Gross Fixed Capital Formation — Value US$ 92,184 million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.85 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 382,272 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 8,773 USD (2024)
- Gross Domestic Product — Value US$ per capita 13,606 USD (2024)
- Gross Domestic Product — Value US$ 592,877 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.13 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 16.77 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 0.3236 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, annual growth rate in Caribbean?
- Value added (total manufacturing) — value us$, annual growth rate in Caribbean was 10 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Caribbean?
- The highest recorded value was 22.21 % change on previous year in 1974.
- What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Caribbean?
- The lowest recorded value was -10.23 % change on previous year in 1985.
- How does Caribbean rank for value added (total manufacturing) — value us$, annual growth rate?
- Caribbean ranks 69th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Caribbean?
- Over the last ten years it is up 4,310.5%. The long-run trend across the full record is volatile.
- Where does this Caribbean data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.