Australia vs Latin America & Caribbean: Industry (including construction), value added
Industry (including construction), value added over time
- Australia
- Latin America & Caribbean
How they compare
Latin America & Caribbean currently reports 1.67 trillion constant 2015 US$ against 367.23 billion constant 2015 US$ in Australia, a difference of 1.30 trillion constant 2015 US$.
That makes Latin America & Caribbean's figure about 4.5 times Australia's.
Across all 36 years both countries report, Latin America & Caribbean has been ahead every year.
Australia ranks 13th and Latin America & Caribbean ranks 18th of 196 countries.
Latin America & Caribbean has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 186.00 billion constant 2015 US$ | 1.01 trillion constant 2015 US$ | 820.93 billion constant 2015 US$ | Latin America & Caribbean |
| 2000s | 244.77 billion constant 2015 US$ | 1.27 trillion constant 2015 US$ | 1.03 trillion constant 2015 US$ | Latin America & Caribbean |
| 2010s | 313.53 billion constant 2015 US$ | 1.55 trillion constant 2015 US$ | 1.23 trillion constant 2015 US$ | Latin America & Caribbean |
| 2020s | 355.37 billion constant 2015 US$ | 1.59 trillion constant 2015 US$ | 1.23 trillion constant 2015 US$ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Australia or Latin America & Caribbean?
- Latin America & Caribbean, at 1.67 trillion constant 2015 US$ against 367.23 billion constant 2015 US$ in Australia as of 2025.
- What is the difference in industry (including construction), value added between Australia and Latin America & Caribbean?
- 1.30 trillion constant 2015 US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Australia and Latin America & Caribbean?
- 36 years are reported by both, from 1990 to 2025.
- How do Australia and Latin America & Caribbean rank globally for industry (including construction), value added?
- Australia ranks 13th and Latin America & Caribbean ranks 18th of 196 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.