Value Added By The Manufacturing Sector

Carribean Ranking

percent of GDPSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	Puerto Rico	48.24	2020	1	47.26
2 ↑	Haiti	19.3	2021	3	17.64
3 ↓	Trinidad and Tobago	16.5	2020	2	18.06
4	Dominican Republic	15.16	2021	4	14.45
5	Jamaica	8.09	2021	5	7.95
6	Belize	5.2	2021	6	5.66
7	Barbados	4.86	2020	7	4.7
8	Saint Vincent and the Grenadines	3.99	2021	8	4.09
9	Saint Lucia	3.81	2021	9	3.81
10	Grenada	3.2	2021	10	3.13
11	Aruba	3.07	2009	11	2.74
12 ↑	Dominica	2.89	2020	13	2.25
13 ↓	Antigua and Barbuda	2.32	2021	12	2.43
14	Bahamas	1.69	2021	14	1.39

Definition of Value Added By The Manufacturing Sector

Manufacturing refers to industries belonging to ISIC divisions 15-37. 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. Note: For VAB countries, gross value added at factor cost is used as the denominator.