GDP in constant prices — all countries

GDP in constant prices — Caribbean

GDP in constant prices in the Caribbean in 2024 — 382,812,957,001 US$ 2015. Since 2002, the indicator has risen by 44.6%.

2024 383B US$ 2015 +2.31% vs 2023
World rank
Period maximum 383B US$ 20152024
Period minimum 265B US$ 20152002

Trend over time

2002–2024 · constant 2015 US$

GDP in constant prices — Caribbean, 2002–2024250B300B350B400B200220052008201120142017202020232002: 264,672,341,959 US$ 20152003: 269,327,368,238 US$ 20152004: 284,679,091,033 US$ 20152005: 294,545,742,517 US$ 20152006: 312,928,753,858 US$ 20152007: 323,694,660,713 US$ 20152008: 327,377,837,062 US$ 20152009: 324,660,867,301 US$ 20152010: 329,468,765,540 US$ 20152011: 333,791,971,297 US$ 20152012: 339,022,659,318 US$ 20152013: 345,030,348,450 US$ 20152014: 351,146,018,376 US$ 20152015: 359,124,767,498 US$ 20152016: 362,181,444,411 US$ 20152017: 364,824,187,776 US$ 20152018: 369,433,046,420 US$ 20152019: 375,637,713,277 US$ 20152020: 343,417,293,238 US$ 20152021: 360,471,692,794 US$ 20152022: 374,443,762,620 US$ 20152023: 374,167,113,771 US$ 20152024: 382,812,957,001 US$ 2015
Change over the period: +118B (+44.64%) Average annual rate: 1.69 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Caribbean

Caribbean 383B US$ 2015
World 96.83T US$ 2015
GDP in constant prices — Caribbean, by year Caribbean All countries CSV XLSX
Year US$ 2015 Change Change, %
2024 383B +8.65B +2.31%
2023 374B −277M −0.07%
2022 374B +13.97B +3.88%
2021 360B +17.05B +4.97%
2020 343B −32.22B −8.58%
2019 376B +6.2B +1.68%
2018 369B +4.61B +1.26%
2017 365B +2.64B +0.73%
2016 362B +3.06B +0.85%
2015 359B +7.98B +2.27%
2014 351B +6.12B +1.77%
2013 345B +6.01B +1.77%
2012 339B +5.23B +1.57%
2011 334B +4.32B +1.31%
2010 329B +4.81B +1.48%
2009 325B −2.72B −0.83%
2008 327B +3.68B +1.14%
2007 324B +10.77B +3.44%
2006 313B +18.38B +6.24%
2005 295B +9.87B +3.47%
2004 285B +15.35B +5.7%
2003 269B +4.66B +1.76%
2002 265B

About the indicator

Gross domestic product in constant 2015 prices and at the exchange rate of that same year. Unlike nominal GDP, this series does not grow with inflation or with movements of the exchange rate, so it is the only one on which the size of a country's economy can be compared with its own past. The difference accumulates fast: over thirty years the nominal GDP of most countries grew several times more than the real one, and almost all of that difference is price growth.

Important: Suited to comparing a country with itself over time, but not countries with one another: conversion at the 2015 exchange rate does not account for differences in price levels. For cross-country comparison there is GDP at PPP.

Source: World Development Indicators (World Bank), license CC BY 4.0.