Latin America & Caribbean vs United Kingdom: Gross value added at basic prices (GVA) (constant 2015 US$)
Gross value added at basic prices (GVA) (constant 2015 US$) over time
- Latin America & Caribbean
- United Kingdom
How they compare
Latin America & Caribbean currently reports 5.62 trillion constant 2015 US$ against 3.02 trillion constant 2015 US$ in United Kingdom, a difference of 2.60 trillion constant 2015 US$.
That makes Latin America & Caribbean's figure about 1.9 times United Kingdom's.
Across all 56 years both countries report, Latin America & Caribbean has been ahead every year.
Latin America & Caribbean ranks 7th and United Kingdom ranks 4th of 34 groups.
Latin America & Caribbean has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.50 trillion constant 2015 US$ | 1.10 trillion constant 2015 US$ | 400.58 billion constant 2015 US$ | Latin America & Caribbean |
| 1980s | 2.19 trillion constant 2015 US$ | 1.31 trillion constant 2015 US$ | 881.16 billion constant 2015 US$ | Latin America & Caribbean |
| 1990s | 2.74 trillion constant 2015 US$ | 1.71 trillion constant 2015 US$ | 1.04 trillion constant 2015 US$ | Latin America & Caribbean |
| 2000s | 3.62 trillion constant 2015 US$ | 2.27 trillion constant 2015 US$ | 1.35 trillion constant 2015 US$ | Latin America & Caribbean |
| 2010s | 4.78 trillion constant 2015 US$ | 2.61 trillion constant 2015 US$ | 2.17 trillion constant 2015 US$ | Latin America & Caribbean |
| 2020s | 5.26 trillion constant 2015 US$ | 2.88 trillion constant 2015 US$ | 2.38 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), Latin America & Caribbean or United Kingdom?
- Latin America & Caribbean, at 5.62 trillion constant 2015 US$ against 3.02 trillion constant 2015 US$ in United Kingdom as of 2025.
- What is the difference in gross value added at basic prices (gva) between Latin America & Caribbean and United Kingdom?
- 2.60 trillion constant 2015 US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Latin America & Caribbean and United Kingdom?
- 56 years are reported by both, from 1970 to 2025.
- How do Latin America & Caribbean and United Kingdom rank globally for gross value added at basic prices (gva)?
- Latin America & Caribbean ranks 7th and United Kingdom ranks 4th of 34 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.