Manufacturing, value added in Caribbean small states
Caribbean small states: Manufacturing, value added was 5.98 billion current US$ in 2024. ▼ Falling
Manufacturing, value added in Caribbean small states, 2012–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, manufacturing, value added in Caribbean small states stood at 5.98 billion current US$.
The figure is up 3.5% on the previous year and down 5.9% over ten years.
Over the whole period, manufacturing, value added in Caribbean small states peaked at 7.24 billion current US$ in 2022 and was at its lowest, 4.88 billion current US$, in 2020.
The long-run direction has been consistently falling across the 13 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.07 billion current US$ | 5.41 billion current US$ | 7.02 billion current US$ | 8 |
| 2020s | 5.98 billion current US$ | 4.88 billion current US$ | 7.24 billion current US$ | 5 |
More economy & growth data for Caribbean small states
- Agriculture, forestry, and fishing, value added 5.1% (2024)
- Industry (including construction), value added 30.8% (2024)
- Industry (including construction), value added 33.32 billion constant 2015 US$ (2024)
- Industry (including construction), value added 33.45 billion current US$ (2024)
- Manufacturing, value added 6.6% (2024)
- Manufacturing, value added 5.05 billion constant 2015 US$ (2024)
- GDP per capita growth 7.6% (2025)
- Inflation, consumer prices 1.2% (2025)
- Foreign direct investment, net inflows 2.08 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows 11.4% (2024)
Frequently asked questions
- What is manufacturing, value added in Caribbean small states?
- Manufacturing, value added in Caribbean small states was 5.98 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Caribbean small states?
- The highest recorded value was 7.24 billion current US$ in 2022.
- What is the lowest manufacturing, value added recorded in Caribbean small states?
- The lowest recorded value was 4.88 billion current US$ in 2020.
- Is manufacturing, value added rising or falling in Caribbean small states?
- Over the last ten years it is down 5.9%. The long-run trend across the full record is falling.
- Where does this Caribbean small states data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.