Services, value added per worker in Caribbean small states

Caribbean small states: Services, value added per worker was 30,326 constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
30,326 constant 2015 US$
Change on year
up 2.0%
All-time high
31,640 constant 2015 US$
in 2014
All-time low
24,826 constant 2015 US$
in 1997
Years of data
34
1991–2024

Services, value added per worker in Caribbean small states, 1991–2024

010.0k20.0k30.0k1991200720241991: 28.2k constant 2015 US$1992: 27.9k constant 2015 US$1993: 27.6k constant 2015 US$1994: 27.2k constant 2015 US$1995: 25.7k constant 2015 US$1996: 25.9k constant 2015 US$1997: 24.8k constant 2015 US$1998: 25.1k constant 2015 US$1999: 25.8k constant 2015 US$2000: 26.0k constant 2015 US$2001: 26.2k constant 2015 US$2002: 26.4k constant 2015 US$2003: 26.0k constant 2015 US$2004: 27.1k constant 2015 US$2005: 27.4k constant 2015 US$2006: 29.7k constant 2015 US$2007: 30.6k constant 2015 US$2008: 30.6k constant 2015 US$2009: 28.6k constant 2015 US$2010: 29.0k constant 2015 US$2011: 29.3k constant 2015 US$2012: 30.5k constant 2015 US$2013: 30.7k constant 2015 US$2014: 31.6k constant 2015 US$2015: 30.8k constant 2015 US$2016: 29.8k constant 2015 US$2017: 28.7k constant 2015 US$2018: 28.8k constant 2015 US$2019: 29.3k constant 2015 US$2020: 27.6k constant 2015 US$2021: 28.4k constant 2015 US$2022: 29.4k constant 2015 US$2023: 29.7k constant 2015 US$2024: 30.3k constant 2015 US$

Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.

Analysis

The most recent figure for services, value added per worker in Caribbean small states is 30,326 constant 2015 US$, measured in 2024.

The figure is up 2.0% on the previous year and down 4.2% over ten years.

Over the whole period, services, value added per worker in Caribbean small states peaked at 31,640 constant 2015 US$ in 2014 and was at its lowest, 24,826 constant 2015 US$, in 1997.

The long-run direction has been consistently rising across the 34 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 26,469 constant 2015 US$ 24,826 constant 2015 US$ 28,210 constant 2015 US$ 9
2000s 27,852 constant 2015 US$ 26,036 constant 2015 US$ 30,556 constant 2015 US$ 10
2010s 29,858 constant 2015 US$ 28,669 constant 2015 US$ 31,640 constant 2015 US$ 10
2020s 29,106 constant 2015 US$ 27,633 constant 2015 US$ 30,326 constant 2015 US$ 5

More economy & growth data for Caribbean small states

All data for Caribbean small states →

Frequently asked questions

What is services, value added per worker in Caribbean small states?
Services, value added per worker in Caribbean small states was 30,326 constant 2015 US$ in 2024, according to World Development Indicators database, World Bank (WB).
What is the highest services, value added per worker recorded in Caribbean small states?
The highest recorded value was 31,640 constant 2015 US$ in 2014.
What is the lowest services, value added per worker recorded in Caribbean small states?
The lowest recorded value was 24,826 constant 2015 US$ in 1997.
Is services, value added per worker rising or falling in Caribbean small states?
Over the last ten years it is down 4.2%. 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 Services, 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

Indicator
Services, value added per worker (constant 2015 US$)
Unit
constant 2015 US$
Source
World Development Indicators database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
222 places, 7,068 data points, 1991–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 the economy 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.