Gross Value Added by economic activity in constant (2006) prices (EC$M) annual 1977 to 2020

Gross Value Added by economic activity in constant (2006) prices (EC$M) annual 1977 to 2020

Industry	1977	1978	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018
Agriculture, Livestock and Forestry	5.25	5.22	6.64	6.12	7.06	6.63	5.30	7.18	6.92	6.59	7.12	7.46	4.26	4.21	5.15	6.15	9.01	9.45	8.47	6.04	0.59	0.66	0.69	1.00	0.74	0.92	0.94	0.76	0.58	0.74	0.78	0.64	0.73	0.64	0.82	1.18	1.10	1.73	1.20	1.53	1.35	1.28
Crops	3.32	3.32	4.35	4.06	4.80	4.57	3.32	4.86	4.18	4.23	4.69	5.10	1.77	1.49	2.17	3.15	5.95	6.46	5.84	4.06	0.40	0.46	0.50	0.52	0.29	0.51	0.44	0.32	0.30	0.48	0.26	0.29	0.45	0.28	0.38	0.41	0.52	0.90	0.19	0.39	0.23	0.21
Livestock	1.39	1.37	1.72	1.50	1.70	1.50	1.39	1.72	2.15	1.75	1.82	1.75	1.86	2.08	2.35	2.35	2.37	2.28	1.92	1.34	0.13	0.13	0.13	0.42	0.39	0.35	0.44	0.38	0.21	0.20	0.46	0.29	0.22	0.30	0.38	0.71	0.52	0.77	0.96	1.07	1.06	1.01
Forestry	0.54	0.54	0.56	0.56	0.56	0.56	0.59	0.59	0.59	0.61	0.61	0.61	0.64	0.64	0.64	0.66	0.68	0.71	0.71	0.64	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06
Fishing	0.61	0.61	0.66	0.71	0.71	0.76	0.71	0.71	0.88	0.83	0.83	0.88	0.88	0.99	1.09	1.26	1.26	1.49	1.54	0.57	0.67	0.17	0.20	0.31	0.31	0.31	0.34	0.31	0.49	0.48	0.34	0.30	0.36	0.24	0.33	0.36	0.36	0.36	0.30	0.30	0.26	0.29
Mining & Quarrying	4.72	6.94	6.55	5.94	6.55	14.48	5.56	8.92	8.92	8.92	8.92	9.07	9.30	10.29	16.23	14.86	14.02	12.88	8.54	8.54	9.30	0.46	0.53	0.53	0.53	0.40	0.40	0.68	1.27	0.82	1.64	1.43	1.21	0.28	1.11	0.73	0.98	1.64	2.42	2.18	2.63	3.45
Manufacturing	8.74	11.52	13.81	15.29	17.07	16.79	17.53	17.18	17.07	17.33	18.12	18.35	14.73	9.81	7.85	8.05	8.26	8.38	9.66	14.50	7.95	1.20	1.33	1.33	1.33	1.49	1.56	1.61	2.01	2.28	2.41	2.50	2.25	2.01	1.98	2.33	2.27	2.20	2.18	3.20	3.39	3.69
Electricity & Water	3.68	3.94	4.09	4.61	4.61	4.49	4.91	5.06	5.38	5.76	6.27	6.69	5.54	5.18	6.19	6.61	7.24	7.20	7.12	5.14	3.03	2.02	2.69	2.82	2.92	2.88	3.07	3.06	3.31	3.38	3.42	3.45	3.52	3.71	3.83	3.77	3.81	3.38	3.64	3.72	3.65	3.77
Electricity	2.39	2.55	2.66	2.99	2.99	2.91	3.18	3.28	3.49	3.73	4.07	4.34	3.59	3.36	4.01	4.28	4.69	4.67	4.62	3.34	1.96	1.31	1.74	1.83	1.86	1.90	1.99	2.17	2.27	2.31	2.33	2.35	2.37	2.38	2.30	2.27	2.32	2.26	2.37	2.47	2.43	2.50
Water	1.29	1.38	1.44	1.62	1.62	1.58	1.72	1.78	1.89	2.02	2.20	2.35	1.95	1.82	2.18	2.32	2.54	2.53	2.50	1.81	1.06	0.71	0.95	0.99	1.06	0.99	1.08	0.89	1.04	1.07	1.09	1.10	1.15	1.33	1.53	1.50	1.49	1.12	1.27	1.24	1.22	1.27
Construction	8.27	7.71	11.34	10.49	11.66	13.90	9.06	9.72	11.16	12.76	13.55	20.12	41.82	67.00	21.20	20.24	14.19	13.63	10.12	10.25	17.69	23.61	20.42	13.11	12.07	15.90	15.73	13.73	13.87	9.19	8.11	8.42	9.41	8.51	8.29	8.81	9.54	10.01	6.08	8.12	4.82	5.23
Wholesale & Retail Trade	31.94	35.48	37.14	41.58	44.81	45.46	44.67	40.12	42.82	42.82	43.32	44.36	45.57	45.51	40.68	41.66	43.32	43.38	37.20	30.90	15.73	10.31	9.80	8.18	8.04	8.57	8.27	8.28	8.67	8.76	8.44	10.02	9.08	6.98	6.95	7.57	7.94	7.76	9.56	10.03	9.03	9.64
Hotels & Restaurants	7.60	7.83	7.99	9.99	8.84	8.46	8.14	10.69	11.77	9.70	10.69	11.87	11.23	7.29	9.77	12.95	16.58	14.79	15.34	3.34	1.91	2.07	2.23	2.32	2.30	2.42	2.01	2.39	2.86	2.70	2.99	3.17	2.69	2.81	2.58	2.90	3.02	3.40	3.36	2.73	2.95	3.17
Hotels	5.26	5.42	5.53	6.92	6.12	5.86	5.64	7.40	8.15	6.72	7.40	8.22	7.78	5.04	6.76	8.97	11.48	10.24	10.62	2.31	1.32	1.43	1.54	1.61	1.54	1.56	1.08	1.44	1.89	1.73	1.97	2.15	1.69	1.80	1.65	1.70	2.05	2.70	2.83	2.37	2.69	2.86
Restaurants	2.34	2.41	2.46	3.07	2.72	2.60	2.51	3.29	3.62	2.99	3.29	3.65	3.46	2.24	3.01	3.98	5.10	4.55	4.72	1.03	0.59	0.64	0.69	0.71	0.76	0.85	0.94	0.96	0.97	0.96	1.02	1.02	1.00	1.01	0.93	1.19	0.97	0.70	0.53	0.36	0.26	0.30
Transport, Storage and Communications	8.13	9.66	9.76	10.56	10.99	11.92	12.79	13.26	14.24	15.22	16.53	19.08	17.75	22.38	22.54	25.48	26.75	29.86	27.79	22.38	15.27	13.79	12.27	15.09	13.88	12.39	11.64	12.47	12.35	14.00	15.06	15.28	14.37	11.26	12.80	12.49	13.08	13.10	15.52	14.63	15.74	16.83
Transport and Storage	3.95	5.30	5.58	5.93	6.18	6.66	6.72	6.55	6.98	7.51	8.27	8.57	8.59	10.77	9.93	9.16	9.60	10.18	10.74	9.31	6.12	3.86	3.68	3.61	3.83	3.86	4.06	4.86	5.02	6.30	7.79	7.67	6.84	4.25	5.75	5.44	6.14	7.12	8.90	9.04	9.48	11.18
Road Transport	1.62	1.77	1.87	1.98	2.08	2.21	2.47	2.51	2.63	2.97	3.11	3.24	3.26	3.83	3.75	3.85	4.04	4.25	3.81	2.92	2.00	1.57	1.74	1.81	1.93	1.96	2.25	2.62	2.48	2.48	2.56	2.71	2.62	2.11	2.14	2.37	2.47	2.37	2.62	2.74	2.62	2.77
Sea Transport	0.05	0.57	0.60	0.67	0.73	0.78	0.78	0.47	0.70	0.78	0.97	0.99	1.15	1.69	1.30	0.88	0.88	0.96	1.67	2.01	1.20	0.74	0.53	0.41	0.46	0.40	0.42	0.44	0.23	0.00	0.00	0.01	0.02	0.07	0.09	0.13	0.17	0.22	0.25	0.11	0.23	0.27
Air Transport	1.36	1.54	1.62	1.69	1.69	1.88	1.60	1.88	1.75	1.67	1.86	1.94	1.69	2.05	2.01	1.86	2.01	2.14	2.07	1.40	1.00	0.28	0.24	0.28	0.29	0.30	0.21	0.23	0.71	1.05	0.98	0.93	0.78	0.69	0.56	0.56	0.49	0.42	0.41	0.71	0.45	0.45
Supporting and Auxiliary Transport Activities	0.92	1.41	1.49	1.59	1.68	1.80	1.87	1.69	1.90	2.09	2.33	2.41	2.50	3.21	2.87	2.57	2.67	2.83	3.19	2.98	1.91	1.27	1.17	1.11	1.15	1.20	1.19	1.57	1.59	2.76	4.24	4.01	3.42	1.38	2.96	2.38	3.01	4.11	5.63	5.48	6.17	7.69
Communications	4.18	4.36	4.18	4.63	4.81	5.26	6.07	6.72	7.26	7.71	8.26	10.52	9.16	11.61	12.61	16.32	17.15	19.69	17.05	13.07	9.16	9.94	8.59	11.48	10.05	8.53	7.57	7.61	7.33	7.70	7.27	7.61	7.53	7.01	7.05	7.05	6.94	5.98	6.61	5.59	6.26	5.65
Financial Intermediation	10.08	10.69	12.25	13.89	14.21	14.44	14.27	14.83	15.76	16.00	16.32	19.51	24.75	29.83	25.76	27.80	27.87	30.06	25.61	12.48	9.57	11.06	8.39	13.81	16.00	10.44	13.01	14.72	13.16	12.57	13.41	13.09	13.22	13.65	14.16	14.64	15.45	15.30	17.05	13.95	11.43	12.04
Banks	8.93	9.48	10.86	12.31	12.60	12.80	12.65	13.14	13.97	14.18	14.46	17.30	21.94	26.44	22.83	24.64	24.70	26.64	22.70	11.07	8.48	9.80	7.44	12.24	14.46	8.31	10.85	12.55	10.84	10.08	10.90	10.67	10.91	11.36	11.86	12.43	13.20	12.99	15.47	11.68	9.59	10.13
Insurance	1.14	1.21	1.39	1.58	1.61	1.64	1.62	1.68	1.79	1.82	1.85	2.22	2.81	3.39	2.93	3.16	3.17	3.41	2.91	1.42	1.09	1.26	0.95	1.57	1.54	1.60	1.68	1.73	1.90	1.95	1.95	2.00	1.90	1.92	1.94	1.94	1.98	2.04	1.31	1.97	1.53	1.60
Activities Auxiliary to Financial Intermediation	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	..	0.52	0.48	0.44	0.42	0.54	0.56	0.43	0.41	0.37	0.36	0.27	0.27	0.27	0.27	0.30	0.30	0.31
Real Estate, Renting and Business Activities	50.34	52.45	53.32	53.93	55.09	55.61	56.13	57.26	58.82	58.85	58.93	62.00	50.08	44.12	53.96	53.07	52.45	53.25	50.56	20.68	14.15	12.74	13.42	14.15	15.50	15.94	16.37	16.60	16.98	17.42	17.58	17.72	17.83	17.73	17.69	17.90	18.17	18.26	18.49	18.75	19.09	19.55
Owner Occupied Dwellings	20.63	21.49	21.85	22.09	22.57	22.78	23.00	23.46	24.10	24.11	24.14	25.40	20.52	17.69	21.63	21.28	21.03	21.35	20.27	8.29	5.67	5.11	5.38	5.67	6.93	7.09	7.28	7.36	7.45	7.72	7.76	7.81	7.90	7.93	8.00	8.04	8.07	8.12	8.18	8.30	8.44	8.53
Real Estate Activities	22.81	23.77	24.16	24.43	24.96	25.19	25.43	25.94	26.65	26.66	26.70	28.09	22.69	19.56	23.92	23.53	23.25	23.61	22.42	9.17	6.28	5.65	5.95	6.28	6.40	6.55	6.73	6.80	6.88	7.13	7.17	7.21	7.29	7.32	7.39	7.43	7.46	7.50	7.56	7.67	7.80	7.88
Renting of Machinery and Equipment	1.57	1.63	1.66	1.68	1.71	1.73	1.75	1.78	1.83	1.83	1.83	1.93	1.56	1.34	1.64	1.61	1.60	1.62	1.54	0.63	0.43	0.39	0.41	0.43	0.47	0.45	0.41	0.46	0.39	0.29	0.26	0.25	0.22	0.26	0.26	0.32	0.27	0.32	0.40	0.41	0.46	0.49
Computer and Related Activities	..	..	..	..	..	..	..	..	..	..	..	..	..	0.94	1.15	1.13	1.12	1.14	1.08	0.44	0.30	0.27	0.29	0.30	0.32	0.32	0.32	0.33	0.34	0.33	0.34	0.34	0.35	0.35	0.35	0.35	0.35	0.35	0.35	0.36	0.36	0.36
Business Services	5.34	5.57	5.66	5.72	5.85	5.90	5.96	6.08	6.24	6.25	6.26	6.58	5.32	4.58	5.60	5.51	5.45	5.53	5.25	2.15	1.47	1.32	1.39	1.47	1.38	1.53	1.64	1.65	1.92	1.96	2.05	2.11	2.07	1.87	1.69	1.75	2.01	1.97	2.00	2.01	2.03	2.29
Public Administration, Defence & Compulsory Social Security	18.03	18.68	19.59	21.65	21.17	22.99	24.84	25.62	28.19	30.23	30.23	32.46	34.80	34.98	37.74	39.14	40.38	41.51	39.92	38.83	40.61	34.97	28.99	28.85	30.15	31.46	32.87	34.29	35.58	38.92	41.48	43.49	45.39	47.55	52.43	52.05	56.43	53.99	50.32	49.28	49.28	50.88
Education	2.19	2.27	2.39	3.02	2.93	3.04	3.16	3.28	3.52	3.71	3.73	3.93	4.07	4.10	4.34	4.49	4.63	4.76	4.52	4.19	3.81	3.25	2.78	2.81	2.93	3.07	3.19	3.33	4.22	4.59	5.40	5.40	5.24	5.41	5.28	6.11	5.46	5.92	5.35	5.49	6.19	6.01
Public	1.50	1.55	1.62	1.80	1.76	1.91	2.06	2.13	2.34	2.51	2.51	2.69	2.89	2.90	3.13	3.25	3.35	3.44	3.31	3.22	3.37	2.90	2.40	2.39	2.50	2.61	2.73	2.85	3.66	4.02	4.88	4.86	4.71	4.86	4.70	5.49	4.80	5.33	4.98	5.14	5.79	5.66
Private	0.69	0.72	0.76	1.23	1.17	1.13	1.10	1.15	1.18	1.20	1.22	1.24	1.18	1.19	1.21	1.25	1.28	1.32	1.21	0.97	0.44	0.35	0.37	0.42	0.43	0.46	0.46	0.48	0.56	0.57	0.52	0.54	0.53	0.55	0.58	0.62	0.66	0.59	0.37	0.36	0.40	0.35
Health and Social Work	3.97	4.11	4.33	5.53	5.35	5.54	5.75	5.97	6.39	6.73	6.78	7.14	7.36	7.41	7.85	8.12	8.37	8.60	8.16	7.54	6.77	5.78	4.95	5.02	5.25	5.52	5.79	6.10	6.38	6.99	7.38	7.67	7.85	8.18	8.80	8.70	9.36	10.78	10.20	10.18	11.02	12.42
Public	2.63	2.72	2.86	3.16	3.09	3.35	3.62	3.74	4.11	4.41	4.41	4.73	5.07	5.10	5.50	5.71	5.89	6.05	5.82	5.66	5.92	5.10	4.23	4.21	4.40	4.59	4.80	5.01	5.21	5.69	6.04	6.27	6.49	6.84	7.51	7.33	7.52	8.72	7.69	7.69	8.71	9.96
Private	1.34	1.39	1.47	2.37	2.27	2.19	2.13	2.23	2.28	2.32	2.37	2.40	2.29	2.31	2.35	2.42	2.48	2.55	2.34	1.88	0.85	0.68	0.72	0.81	0.85	0.93	0.99	1.09	1.18	1.30	1.34	1.40	1.36	1.34	1.29	1.36	1.84	2.06	2.51	2.48	2.31	2.47
Other Community, Social & Personal Services	4.04	4.19	4.44	7.15	6.83	6.59	6.41	6.73	6.88	7.00	7.13	7.25	6.89	6.97	7.08	7.28	7.47	7.68	7.06	5.66	2.57	2.05	2.16	2.46	2.73	2.76	2.77	2.88	3.37	3.46	3.59	3.62	3.72	3.71	3.77	3.78	3.84	3.99	3.84	3.93	4.14	4.33
Activities of Private Households as Employers	0.69	0.71	0.75	1.21	1.16	1.12	1.09	1.14	1.17	1.19	1.21	1.23	1.17	1.18	1.20	1.24	1.27	1.30	1.20	0.96	0.44	0.35	0.37	0.42	0.44	0.46	0.49	0.51	0.54	0.60	0.62	0.63	0.69	0.75	0.91	0.81	0.92	0.85	0.81	0.71	0.72	0.58
Less: FISIM	0.97	1.04	1.22	1.38	1.41	1.44	1.41	1.48	1.58	1.60	1.37	1.73	2.41	3.03	2.56	2.97	2.35	3.19	2.86	1.61	0.87	0.86	1.04	1.15	1.13	0.99	1.21	1.35	1.31	1.26	1.21	1.18	1.43	1.42	1.61	1.80	1.76	1.83	1.87	0.91	0.97	0.98
GVA in Basic Prices	167.32	180.97	193.84	210.31	217.65	230.79	218.91	226.17	238.31	242.02	248.32	269.67	277.79	298.21	266.08	275.45	280.71	285.03	259.94	190.38	149.19	123.62	110.18	111.06	114.00	113.95	117.24	120.37	124.33	125.65	131.44	135.67	136.13	132.00	140.12	142.32	149.97	150.84	148.46	147.82	144.73	152.18
Growth Rate	..	8.16	7.11	8.50	3.49	6.04	(5.15)	3.32	5.37	1.56	2.60	8.60	3.01	7.35	(10.78)	3.52	1.91	1.54	(8.80)	(26.76)	(21.63)	(17.14)	(10.87)	0.80	2.64	(0.04)	2.88	2.67	3.29	1.06	4.60	3.22	0.34	(3.03)	6.15	1.57	5.38	0.58	(1.58)	(0.43)	(2.09)	5.15

Plus: Product Taxes less Subsidies	14.29	15.34	21.74	24.00	26.24	25.86	22.52	23.04	25.63	28.88	32.40	36.82	38.50	39.73	48.21	39.44	26.15	39.87	36.29	28.21	21.06	16.96	19.91	15.73	12.40	15.35	12.70	15.71	16.01	13.69	12.41	14.59	13.44	13.35	13.17	16.34	17.05	19.93	19.02	20.55	19.84	20.85
GDP in Market Prices	181.61	196.32	215.58	234.30	243.89	256.66	241.43	249.21	263.94	270.90	280.72	306.49	316.29	337.94	314.29	314.89	306.86	324.90	296.22	218.59	170.26	140.58	130.09	126.79	126.40	129.31	129.94	136.08	140.34	139.34	143.85	150.26	149.57	145.35	153.29	158.66	167.03	170.77	167.48	168.37	164.56	173.03
Growth Rate	..	8.10	9.81	8.68	4.09	5.24	(5.93)	3.22	5.91	2.64	3.62	9.18	3.20	6.85	(7.00)	0.19	(2.55)	5.88	(8.83)	(26.21)	(22.11)	(17.43)	(7.46)	(2.53)	(0.31)	2.30	0.49	4.72	3.13	(0.71)	3.24	4.45	(0.45)	(2.82)	5.46	3.50	5.27	2.24	(1.93)	0.53	(2.26)	5.15
Symbols: -- = n/a in time series 0 = true value of zero or rounded off to zero
Source: Statistics Department, Ministry of Finance and Economic Management, MONTSERRAT and Eastern Caribbean Central Bank
Date: April 2022

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