Caribbean small states: High-technology exports (% of manufactured exports)

Key figures

What the numbers say

In 2024, Caribbean small states' high-technology exports (% of manufactured exports) fell 0.01 percentage points on 2023 (from 0.01% to 0.0000436%).

Across the 13 yearly changes before that (2011 to 2023), the average change was −0.37 percentage points and a typical year strayed about 2.19 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 3.77 percentage points in 2017 and the biggest yearly fall was 4.87 percentage points in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 18% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

What this measures

High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.

Limitations: The indicator is based on data reported by countries to COMTRADE. The export values presented in the World Development Indicators represent Gross Exports less Re-Exports. The values may be impacted in cases of reporting errors or missing data, for example if countries do not report Re-Exports for one or more periods.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 15 values

High-technology exports (% of manufactured exports) in nearby economies

• Algeria — 0.96% (2017)
• Bahrain — 0.39% (2023)
• Egypt, Arab Rep. — 3.81% (2024)
• Iran, Islamic Rep. — 0.81% (2022)
• Israel — 37.23% (2024)
• Jordan — 2.08% (2023)
• Kuwait — 10.2% (2024)
• Lebanon — 2.9% (2024)
• Malta — 45.18% (2024)
• Oman

More infrastructure data for Caribbean small states

• Mobile cellular subscriptions — 3.41 million (2021)
• Mobile cellular subscriptions (per 100 people) — 109.13 (2021)
• Fixed telephone subscriptions — 573,277 (2021)
• Fixed telephone subscriptions (per 100 people) — 18.32 (2021)
• Air transport, registered carrier departures worldwide — 137,316 (2021)
• Air transport, passengers carried — 2.46 million (2021)
• Air transport, freight (million ton-km) — 91.48 (2023)
• ICT service exports (BoP, current US$) — US$215.92 million (2025)
• ICT service exports (% of service exports, BoP)

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Questions people ask

What is Caribbean small states's high-technology exports (% of manufactured exports)?

0.0000436% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2010?

It is down 4.87 percentage points from 4.87% in 2010. The highest value was 5.14% in 2017 and the lowest 0% in 2012.

Is the latest change in high-technology exports (% of manufactured exports) unusual for Caribbean small states?

In 2024, Caribbean small states' high-technology exports (% of manufactured exports) fell 0.01 percentage points on 2023 (from 0.01% to 0.0000436%). Across the 13 yearly changes before that (2011 to 2023), the average change was −0.37 percentage points and a typical year strayed about 2.19 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.VAL.TECH.MF.ZS, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), uri: comtrade.un.org, publisher: UN Statistics Division; World Integrated Trade Solution system (WITS), World Bank (WB), uri: https://wits.worldbank.org/ Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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