Australia vs Latin America & the Caribbean (IDA & IBRD countries): Gross value added at basic prices (GVA) (constant 2015 US$), per
Gross value added at basic prices (GVA) (constant 2015 US$), per over time
- Australia
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Australia currently reports 57,404 constant 2015 US$ per person against 8,268 constant 2015 US$ per person in Latin America & the Caribbean (IDA & IBRD countries), a difference of 49,136 constant 2015 US$ per person.
That makes Australia's figure about 6.9 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 51 years both countries report, Australia has been ahead every year.
Australia ranks 11th and Latin America & the Caribbean (IDA & IBRD countries) ranks 9th of 193 countries.
Australia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Australia | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 26,262 constant 2015 US$ per person | 5,028 constant 2015 US$ per person | 21,234 constant 2015 US$ per person | Australia |
| 1980s | 29,678 constant 2015 US$ per person | 5,432 constant 2015 US$ per person | 24,247 constant 2015 US$ per person | Australia |
| 1990s | 36,236 constant 2015 US$ per person | 5,672 constant 2015 US$ per person | 30,565 constant 2015 US$ per person | Australia |
| 2000s | 46,140 constant 2015 US$ per person | 6,442 constant 2015 US$ per person | 39,698 constant 2015 US$ per person | Australia |
| 2010s | 52,728 constant 2015 US$ per person | 7,611 constant 2015 US$ per person | 45,117 constant 2015 US$ per person | Australia |
| 2020s | 56,694 constant 2015 US$ per person | 7,855 constant 2015 US$ per person | 48,839 constant 2015 US$ per person | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva) (constant 2015 us$), per, Australia or Latin America & the Caribbean (IDA & IBRD countries)?
- Australia, at 57,404 constant 2015 US$ per person against 8,268 constant 2015 US$ per person in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in gross value added at basic prices (gva) (constant 2015 us$), per between Australia and Latin America & the Caribbean (IDA & IBRD countries)?
- 49,136 constant 2015 US$ per person, with Australia ahead.
- How many years of comparable data are there for Australia and Latin America & the Caribbean (IDA & IBRD countries)?
- 51 years are reported by both, from 1975 to 2025.
- How do Australia and Latin America & the Caribbean (IDA & IBRD countries) rank globally for gross value added at basic prices (gva) (constant 2015 us$), per?
- Australia ranks 11th and Latin America & the Caribbean (IDA & IBRD countries) ranks 9th of 193 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 2015 US$), per capita. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.