Latin America & the Caribbean (IDA & IBRD countries) vs Spain: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Spain
How they compare
Latin America & the Caribbean (IDA & IBRD countries) currently reports 6.51 trillion current US$ against 1.73 trillion current US$ in Spain, a difference of 4.78 trillion current US$.
That makes Latin America & the Caribbean (IDA & IBRD countries)'s figure about 3.8 times Spain's.
Across all 50 years both countries report, Latin America & the Caribbean (IDA & IBRD countries) has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 12th and Spain ranks 12th of 38 groups.
Latin America & the Caribbean (IDA & IBRD countries) has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 517.40 billion current US$ | 148.52 billion current US$ | 368.88 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 738.82 billion current US$ | 236.86 billion current US$ | 501.96 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 1.56 trillion current US$ | 546.13 billion current US$ | 1.01 trillion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 2.59 trillion current US$ | 995.64 billion current US$ | 1.60 trillion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 4.99 trillion current US$ | 1.24 trillion current US$ | 3.75 trillion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 5.54 trillion current US$ | 1.43 trillion current US$ | 4.11 trillion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Latin America & the Caribbean (IDA & IBRD countries) or Spain?
- Latin America & the Caribbean (IDA & IBRD countries), at 6.51 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 & the Caribbean (IDA & IBRD countries) and Spain?
- 4.78 trillion current US$, with Latin America & the Caribbean (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Spain?
- 50 years are reported by both, from 1976 to 2025.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Spain rank globally for gross value added at basic prices (gva)?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 12th and Spain ranks 12th of 38 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.