Germany vs Latin America & Caribbean: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Germany
- Latin America & Caribbean
How they compare
Latin America & Caribbean currently reports 5.62 trillion constant 2015 US$ against 3.30 trillion constant 2015 US$ in Germany, a difference of 2.33 trillion constant 2015 US$.
That makes Latin America & Caribbean's figure about 1.7 times Germany's.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was Germany ahead.
Germany ranks 3rd and Latin America & Caribbean ranks 5th of 193 countries.
Latin America & Caribbean has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Germany | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.43 trillion constant 2015 US$ | 1.50 trillion constant 2015 US$ | 72.94 billion constant 2015 US$ | Latin America & Caribbean |
| 1980s | 1.77 trillion constant 2015 US$ | 2.19 trillion constant 2015 US$ | 419.77 billion constant 2015 US$ | Latin America & Caribbean |
| 1990s | 2.28 trillion constant 2015 US$ | 2.74 trillion constant 2015 US$ | 459.22 billion constant 2015 US$ | Latin America & Caribbean |
| 2000s | 2.67 trillion constant 2015 US$ | 3.62 trillion constant 2015 US$ | 946.18 billion constant 2015 US$ | Latin America & Caribbean |
| 2010s | 3.05 trillion constant 2015 US$ | 4.78 trillion constant 2015 US$ | 1.73 trillion constant 2015 US$ | Latin America & Caribbean |
| 2020s | 3.27 trillion constant 2015 US$ | 5.26 trillion constant 2015 US$ | 1.99 trillion constant 2015 US$ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Germany or Latin America & Caribbean?
- Latin America & Caribbean, at 5.62 trillion constant 2015 US$ against 3.30 trillion constant 2015 US$ in Germany as of 2025.
- What is the difference in gross value added at basic prices (gva) between Germany and Latin America & Caribbean?
- 2.33 trillion constant 2015 US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Germany and Latin America & Caribbean?
- 56 years are reported by both, from 1970 to 2025.
- How do Germany and Latin America & Caribbean rank globally for gross value added at basic prices (gva)?
- Germany ranks 3rd and Latin America & Caribbean ranks 5th of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). 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 reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.