GDP per capita growth in the Caribbean in 2024 — 2.67%. Since 2003, the indicator has risen by 1.27 pp.
2003–2024 · % per year
How the value compares with the world and the groups this territory belongs to: Caribbean
| Year | % | Change, pp |
|---|---|---|
| 2024 | 2.67 | +1.2 pp |
| 2023 | 1.47 | −2.96 pp |
| 2022 | 4.43 | −1.34 pp |
| 2021 | 5.77 | +14.23 pp |
| 2020 | -8.46 | −9.73 pp |
| 2019 | 1.26 | −0.66 pp |
| 2018 | 1.92 | +0.93 pp |
| 2017 | 0.99 | −0.04 pp |
| 2016 | 1.03 | −1.32 pp |
| 2015 | 2.35 | +0.5 pp |
| 2014 | 1.85 | +0.18 pp |
| 2013 | 1.66 | +0.21 pp |
| 2012 | 1.46 | +0.34 pp |
| 2011 | 1.11 | −0.19 pp |
| 2010 | 1.31 | +2.72 pp |
| 2009 | -1.41 | −2.32 pp |
| 2008 | 0.91 | −2.08 pp |
| 2007 | 2.99 | −1.71 pp |
| 2006 | 4.7 | +0.96 pp |
| 2005 | 3.74 | −1.7 pp |
| 2004 | 5.44 | +4.04 pp |
| 2003 | 1.4 | — |
The annual growth of gross domestic product per person in constant prices. It differs from ordinary GDP growth by the rate of population growth, and in countries with fast-growing populations the difference runs to two or three percentage points a year — enough for brisk economic growth to mean stagnant income per person. It is this indicator, not GDP growth, that matches the everyday question of whether life has become better.
Important: It can be negative while GDP growth is positive — in that case the population is growing faster than the economy.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The annual growth rate of GDP in constant prices — with inflation stripped out.
Economy GDP per capita in constant pricesHow much there is per person in 2015 prices — a measure of whether prosperity is growing.
Demography Population growthAnnual population growth in percent — natural increase together with migration.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP at purchasing power parityThe size of the economy in international dollars — adjusted for price differences between countries.