Latin America & Caribbean (excluding high income) vs Spain: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Latin America & Caribbean (excluding high income)
- Spain
How they compare
Latin America & Caribbean (excluding high income) currently reports 6.03 trillion current US$ against 1.73 trillion current US$ in Spain, a difference of 4.30 trillion current US$.
That makes Latin America & Caribbean (excluding high income)'s figure about 3.5 times Spain's.
Across all 50 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 14th and Spain ranks 12th of 38 groups.
Latin America & Caribbean (excluding high income) has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 503.94 billion current US$ | 148.52 billion current US$ | 355.42 billion current US$ | Latin America & Caribbean (excluding high income) |
| 1980s | 715.87 billion current US$ | 236.86 billion current US$ | 479.01 billion current US$ | Latin America & Caribbean (excluding high income) |
| 1990s | 1.49 trillion current US$ | 546.13 billion current US$ | 939.05 billion current US$ | Latin America & Caribbean (excluding high income) |
| 2000s | 2.45 trillion current US$ | 995.64 billion current US$ | 1.46 trillion current US$ | Latin America & Caribbean (excluding high income) |
| 2010s | 4.65 trillion current US$ | 1.24 trillion current US$ | 3.41 trillion current US$ | Latin America & Caribbean (excluding high income) |
| 2020s | 5.13 trillion current US$ | 1.43 trillion current US$ | 3.70 trillion current US$ | Latin America & Caribbean (excluding high income) |
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 (excluding high income) or Spain?
- Latin America & Caribbean (excluding high income), at 6.03 trillion current US$ against 1.73 trillion current US$ in Spain as of 2025.
- What is the difference in gross value added at basic prices (gva) between Latin America & Caribbean (excluding high income) and Spain?
- 4.30 trillion current US$, with Latin America & Caribbean (excluding high income) ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Spain?
- 50 years are reported by both, from 1976 to 2025.
- How do Latin America & Caribbean (excluding high income) and Spain rank globally for gross value added at basic prices (gva)?
- Latin America & Caribbean (excluding high income) ranks 14th and Spain ranks 12th of 38 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.