Value Added (Total Manufacturing) — Value US$ in Caribbean
Caribbean: Value Added (Total Manufacturing) — Value US$ was 103,679 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Caribbean, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Caribbean recorded 103,679 million USD for value added (total manufacturing) — value us$ in 2023. That is the highest value across all 54 years on record.
That represents a change of up 10.0% on the previous year and up 33.7% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Caribbean peaked at 103,679 million USD in 2023 and was at its lowest, 3,177 million USD, in 1970.
That places Caribbean 25th out of 220 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6,502 million USD | 3,177 million USD | 10,634 million USD | 10 |
| 1980s | 15,302 million USD | 11,866 million USD | 18,931 million USD | 10 |
| 1990s | 28,047 million USD | 20,450 million USD | 36,674 million USD | 10 |
| 2000s | 53,312 million USD | 38,411 million USD | 68,042 million USD | 10 |
| 2010s | 79,533 million USD | 73,133 million USD | 83,588 million USD | 10 |
| 2020s | 91,144 million USD | 80,684 million USD | 103,679 million USD | 4 |
Countries ranked near Caribbean
- 22 Netherlands (Kingdom of the) 125,146 million USD compare
- 23 Australia and New Zealand 120,315 million USD compare
- 24 Argentina 105,423 million USD compare
- 26 Viet Nam 102,628 million USD compare
- 27 Australia 97,514 million USD compare
- 28 Bangladesh 94,380 million USD compare
More economy & growth data for Caribbean
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 2.13 % (2024)
- Gross Domestic Product — Value US$ 592,877 million USD (2024)
- Gross Domestic Product — Value US$ per capita 13,606 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 8,773 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 382,272 million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.85 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 6.36 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.07 % (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 143.81 USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 16.77 % (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Caribbean?
- Value added (total manufacturing) — value us$ in Caribbean was 103,679 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Caribbean?
- The highest recorded value was 103,679 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$ recorded in Caribbean?
- The lowest recorded value was 3,177 million USD in 1970.
- How does Caribbean rank for value added (total manufacturing) — value us$?
- Caribbean ranks 25th out of 220 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Caribbean?
- Over the last ten years it is up 33.7%. The long-run trend across the full record is volatile.
- 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$. Statizoid updates them automatically from the source API.
Download this data
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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).