Latin America & the Caribbean (IDA & IBRD countries) vs Philippines: Gross value added at basic prices (GVA) (constant 2015 US$), per unit
Gross value added at basic prices (GVA) (constant 2015 US$), per unit over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Philippines
How they compare
Philippines currently reports 0.9749 constant 2015 US$ per US$ of GDP against 0.764 constant 2015 US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.2109 constant 2015 US$ per US$ of GDP.
That makes Philippines's figure about 1.3 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 8 times across 56 shared years of data; in 1970 it was Philippines ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 21st and Philippines ranks 18th of 32 groups.
Across the 6 decades both report, Latin America & the Caribbean (IDA & IBRD countries) averaged higher in 1 and Philippines in 5.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.46 constant 2015 US$ per US$ of GDP | 4.58 constant 2015 US$ per US$ of GDP | 0.1158 constant 2015 US$ per US$ of GDP | Philippines |
| 1980s | 2.7 constant 2015 US$ per US$ of GDP | 2.4 constant 2015 US$ per US$ of GDP | 0.2992 constant 2015 US$ per US$ of GDP | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 1.63 constant 2015 US$ per US$ of GDP | 1.68 constant 2015 US$ per US$ of GDP | 0.0487 constant 2015 US$ per US$ of GDP | Philippines |
| 2000s | 1.27 constant 2015 US$ per US$ of GDP | 1.58 constant 2015 US$ per US$ of GDP | 0.3103 constant 2015 US$ per US$ of GDP | Philippines |
| 2010s | 0.8315 constant 2015 US$ per US$ of GDP | 1.02 constant 2015 US$ per US$ of GDP | 0.1916 constant 2015 US$ per US$ of GDP | Philippines |
| 2020s | 0.8601 constant 2015 US$ per US$ of GDP | 0.9843 constant 2015 US$ per US$ of GDP | 0.1242 constant 2015 US$ per US$ of GDP | Philippines |
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$), per unit, Latin America & the Caribbean (IDA & IBRD countries) or Philippines?
- Philippines, at 0.9749 constant 2015 US$ per US$ of GDP against 0.764 constant 2015 US$ per US$ of GDP 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$), per unit between Latin America & the Caribbean (IDA & IBRD countries) and Philippines?
- 0.2109 constant 2015 US$ per US$ of GDP, with Philippines ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Philippines?
- 56 years are reported by both, from 1970 to 2025.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Philippines rank globally for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 21st and Philippines ranks 18th of 32 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. 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$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.