Industry value added in the Caribbean in 2023 — 114,590,220,698 US$. Since 2006, the indicator has risen by 37.4%.
2006–2023 · US$
How the value compares with the world and the groups this territory belongs to: Caribbean
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2023 | 115B | −1.57B | −1.35% |
| 2022 | 116B | +11.54B | +11.03% |
| 2021 | 105B | −11.46B | −9.87% |
| 2020 | 116B | −6.96B | −5.66% |
| 2019 | 123B | +3.17B | +2.65% |
| 2018 | 120B | +4.09B | +3.53% |
| 2017 | 116B | +2.97B | +2.63% |
| 2016 | 113B | +1.02B | +0.91% |
| 2015 | 112B | −109M | −0.1% |
| 2014 | 112B | +2.55B | +2.33% |
| 2013 | 109B | +2.31B | +2.15% |
| 2012 | 107B | +1.4B | +1.33% |
| 2011 | 106B | +6.31B | +6.35% |
| 2010 | 99.34B | +6.24B | +6.71% |
| 2009 | 93.09B | −5.6B | −5.67% |
| 2008 | 98.69B | +9.11B | +10.17% |
| 2007 | 89.58B | +6.18B | +7.41% |
| 2006 | 83.4B | — | — |
Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.
Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The contribution of industry and construction to the value added of the economy.
Economy Manufacturing value addedHow much a country's factories create — without mining, construction or utilities.
Economy Services value addedHow much the service sector creates — trade, transport, finance, health care, education.
Economy Agriculture value addedHow much agriculture, forestry and fishing create in money terms.