Industry (including construction), value added per worker in Caribbean small states
Caribbean small states: Industry (including construction), value added per worker was 80,029 constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added per worker in Caribbean small states, 1991–2024
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added per worker in Caribbean small states is 80,029 constant 2015 US$, measured in 2024. That is the highest value across all 34 years on record.
Compared with earlier readings it is up 30.5% on the previous year and up 111.2% over ten years.
Over the whole period, industry (including construction), value added per worker in Caribbean small states peaked at 80,029 constant 2015 US$ in 2024 and was at its lowest, 25,083 constant 2015 US$, in 1995.
The long-run direction has been consistently rising across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26,723 constant 2015 US$ | 25,083 constant 2015 US$ | 27,892 constant 2015 US$ | 9 |
| 2000s | 34,828 constant 2015 US$ | 28,893 constant 2015 US$ | 39,392 constant 2015 US$ | 10 |
| 2010s | 37,542 constant 2015 US$ | 35,304 constant 2015 US$ | 39,840 constant 2015 US$ | 10 |
| 2020s | 55,905 constant 2015 US$ | 41,244 constant 2015 US$ | 80,029 constant 2015 US$ | 5 |
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 industry (including construction), value added per worker in Caribbean small states?
- Industry (including construction), value added per worker in Caribbean small states was 80,029 constant 2015 US$ in 2024, according to World Development Indicators database, World Bank (WB).
- What is the highest industry (including construction), value added per worker recorded in Caribbean small states?
- The highest recorded value was 80,029 constant 2015 US$ in 2024.
- What is the lowest industry (including construction), value added per worker recorded in Caribbean small states?
- The lowest recorded value was 25,083 constant 2015 US$ in 1995.
- Is industry (including construction), value added per worker rising or falling in Caribbean small states?
- Over the last ten years it is up 111.2%. 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 Industry (including construction), value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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 this sector 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.