Industry share of GDP — all countries

Industry share of GDP — Caribbean

Industry share of GDP in the Caribbean in 2023 — 32.5%. Since 2006, the indicator has fallen by 2 pp.

2023 32.5% −1.8 pp vs 2022
World rank
Period maximum 35%2008
Period minimum 31%2017

Trend over time

2006–2023 · % of GDP

Industry share of GDP — Caribbean, 2006–2023313233343520062008201020122014201620182020202220232006: 34.6%2007: 34.1%2008: 35%2009: 33.8%2010: 34.2%2011: 33.7%2012: 33%2013: 32.7%2014: 32.5%2015: 31.5%2016: 31.2%2017: 31%2018: 31.2%2019: 31.1%2020: 31%2021: 34.7%2022: 34.4%2023: 32.5%
Change over the period: −2 pp Annual average: -0.12 pp

Comparison, 2023

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

Caribbean 32.5%
World 26.2%
Industry share of GDP — Caribbean, by year Caribbean All countries CSV XLSX
Year % Change, pp
2023 32.5 −1.8 pp
2022 34.4 −0.3 pp
2021 34.7 +3.7 pp
2020 31 −0.1 pp
2019 31.1 −0.1 pp
2018 31.2 +0.2 pp
2017 31 −0.2 pp
2016 31.2 −0.3 pp
2015 31.5 −1 pp
2014 32.5 −0.3 pp
2013 32.7 −0.2 pp
2012 33 −0.8 pp
2011 33.7 −0.5 pp
2010 34.2 +0.4 pp
2009 33.8 −1.2 pp
2008 35 +0.9 pp
2007 34.1 −0.5 pp
2006 34.6

About the indicator

The share of industrial value added — mining, manufacturing, electricity, water supply and construction — in GDP. The classification follows the ISIC divisions. A high share can mean either a developed manufacturing sector or dependence on resource extraction, so the indicator should be read alongside the share of manufacturing.

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