Value Added By Industry

Carribean Ranking

as percent of GDPSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Puerto Rico	51.13	2020	1	50.58
2	Trinidad and Tobago	39.55	2019	2	41.77
3	Dominican Republic	32.66	2021	3	30.28
4	Haiti	23.33	2020	4	23.02
5	Antigua and Barbuda	21.89	2021	5	21.16
6	Jamaica	20.75	2021	6	20.39
7	Aruba	15.83	2009	7	17.41
8 ↑	Grenada	14.65	2021	9	13.09
9 ↑	Saint Vincent and the Grenadines	13.46	2021	10	12.94
10 ↓	Belize	13.04	2021	8	14.17
11 ↑	Barbados	12.76	2020	13	12
12 ↓	Dominica	11.82	2021	11	12.23
13 ↓	Bahamas	11.29	2021	12	12.03
14	Saint Lucia	9.83	2019	14	10.08

Definition of Value Added By Industry

Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.