Commercial service exports (current US$), annual growth rate in Caribbean Small States
Caribbean Small States: Commercial service exports (current US$), annual growth rate was 12.93 % change on previous year in 2024. ◆ Volatile
Commercial service exports (current US$), annual growth rate in Caribbean Small States, 1977–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Caribbean Small States recorded 12.93 % change on previous year for commercial service exports (current us$), annual growth rate in 2024.
The figure is down 27.7% on the previous year and up 135.6% over ten years.
Over the whole period, commercial service exports (current us$), annual growth rate in Caribbean Small States peaked at 64.84 % change on previous year in 2022 and was at its lowest, -58.77 % change on previous year, in 2020.
Caribbean Small States ranks 4th of 42 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports (current US$), annual growth rate in Caribbean Small States, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 17.98 % change on previous year | — |
| 1978 | 11.61 % change on previous year | -35.4% |
| 1979 | 21.22 % change on previous year | +82.8% |
| 1980 | 19.97 % change on previous year | -5.9% |
| 1981 | 3.63 % change on previous year | -81.8% |
| 1982 | 3.84 % change on previous year | +5.8% |
| 1983 | -4.43 % change on previous year | -215.5% |
| 1984 | 10.34 % change on previous year | -333.4% |
| 1985 | 16.26 % change on previous year | +57.2% |
| 1986 | 11.08 % change on previous year | -31.9% |
| 1987 | 4.38 % change on previous year | -60.5% |
| 1988 | 10.36 % change on previous year | +136.6% |
| 1989 | 12.9 % change on previous year | +24.6% |
| 1990 | 4.67 % change on previous year | -63.8% |
| 1991 | -1.12 % change on previous year | -124.0% |
| 1992 | 5.83 % change on previous year | -620.1% |
| 1993 | 4.23 % change on previous year | -27.3% |
| 1994 | 6.16 % change on previous year | +45.5% |
| 1995 | 1.79 % change on previous year | -71.0% |
| 1996 | 10.34 % change on previous year | +478.5% |
| 1997 | 2.89 % change on previous year | -72.1% |
| 1998 | 2.41 % change on previous year | -16.6% |
| 1999 | 9.14 % change on previous year | +279.9% |
| 2000 | 9.85 % change on previous year | +7.7% |
| 2001 | -4.82 % change on previous year | -149.0% |
| 2002 | 7.25 % change on previous year | -250.2% |
| 2003 | 7.02 % change on previous year | -3.1% |
| 2004 | 9.04 % change on previous year | +28.8% |
| 2005 | 10.44 % change on previous year | +15.4% |
| 2006 | 1.03 % change on previous year | -90.1% |
| 2007 | 10.15 % change on previous year | +882.3% |
| 2008 | 1.95 % change on previous year | -80.8% |
| 2009 | -7.48 % change on previous year | -483.8% |
| 2010 | 5.01 % change on previous year | -167.0% |
| 2011 | 4.04 % change on previous year | -19.5% |
| 2012 | 4.84 % change on previous year | +19.8% |
| 2013 | 1.69 % change on previous year | -65.0% |
| 2014 | 5.49 % change on previous year | +224.5% |
| 2015 | 0.0557 % change on previous year | -99.0% |
| 2016 | 5.35 % change on previous year | +9506.1% |
| 2017 | 0.1871 % change on previous year | -96.5% |
| 2018 | 11.11 % change on previous year | +5839.9% |
| 2019 | 8.24 % change on previous year | -25.9% |
| 2020 | -58.77 % change on previous year | -813.1% |
| 2021 | 50.23 % change on previous year | -185.5% |
| 2022 | 64.84 % change on previous year | +29.1% |
| 2023 | 17.89 % change on previous year | -72.4% |
| 2024 | 12.93 % change on previous year | -27.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.94 % change on previous year | 11.61 % change on previous year | 21.22 % change on previous year | 3 |
| 1980s | 8.83 % change on previous year | -4.43 % change on previous year | 19.97 % change on previous year | 10 |
| 1990s | 4.63 % change on previous year | -1.12 % change on previous year | 10.34 % change on previous year | 10 |
| 2000s | 4.44 % change on previous year | -7.48 % change on previous year | 10.44 % change on previous year | 10 |
| 2010s | 4.6 % change on previous year | 0.0557 % change on previous year | 11.11 % change on previous year | 10 |
| 2020s | 17.43 % change on previous year | -58.77 % change on previous year | 64.84 % change on previous year | 5 |
Countries ranked near Caribbean Small States
- 1 Libya 666.02 % change on previous year compare
- 2 Tuvalu 388.96 % change on previous year compare
- 3 Vanuatu 227.75 % change on previous year compare
- 4 Guyana 141.25 % change on previous year compare
- 5 Bhutan 106.27 % change on previous year compare
- 6 Gabon 92.11 % change on previous year compare
- 7 Palau 91.91 % change on previous year compare
More private sector data for Caribbean Small States
- Merchandise trade 70.0% (2025)
- Food imports 17.2% (2024)
- Manufactures imports 63.2% (2024)
- Merchandise imports 31.17 billion current US$ (2025)
- Food exports 13.7% (2024)
- Manufactures exports 45.4% (2024)
- Merchandise exports 30.03 billion current US$ (2025)
- Merchandise exports (current US$), per capita 6,590 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3156 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -3.4 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports (current us$), annual growth rate in Caribbean Small States?
- Commercial service exports (current us$), annual growth rate in Caribbean Small States was 12.93 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), annual growth rate recorded in Caribbean Small States?
- The highest recorded value was 64.84 % change on previous year in 2022.
- What is the lowest commercial service exports (current us$), annual growth rate recorded in Caribbean Small States?
- The lowest recorded value was -58.77 % change on previous year in 2020.
- How does Caribbean Small States rank for commercial service exports (current us$), annual growth rate?
- Caribbean Small States ranks 4th out of 42 groups with data for 2024.
- Is commercial service exports (current us$), annual growth rate rising or falling in Caribbean Small States?
- Over the last ten years it is up 135.6%. The long-run trend across the full record is volatile.
- Where does this Caribbean Small States data come from?
- The figures come from Statizoid (derived), published as part of Commercial service exports (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.