Iran, Islamic Republic of vs Latin America & Caribbean (excluding high income): Industry (including construction), value added
Industry (including construction), value added over time
- Iran, Islamic Republic of
- Latin America & Caribbean (excluding high income)
How they compare
Latin America & Caribbean (excluding high income) currently reports 1.45 trillion constant 2015 US$ against 184.30 billion constant 2015 US$ in Iran, Islamic Republic of, a difference of 1.26 trillion constant 2015 US$.
That makes Latin America & Caribbean (excluding high income)'s figure about 7.8 times Iran, Islamic Republic of's.
Across all 61 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.
Iran, Islamic Republic of ranks 20th and Latin America & Caribbean (excluding high income) ranks 21st of 196 countries.
Latin America & Caribbean (excluding high income) has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Iran, Islamic Republic of | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 62.44 billion constant 2015 US$ | 327.43 billion constant 2015 US$ | 265.00 billion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 1970s | 118.61 billion constant 2015 US$ | 560.27 billion constant 2015 US$ | 441.66 billion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 1980s | 62.12 billion constant 2015 US$ | 769.63 billion constant 2015 US$ | 707.51 billion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 1990s | 94.08 billion constant 2015 US$ | 905.63 billion constant 2015 US$ | 811.55 billion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 2000s | 131.48 billion constant 2015 US$ | 1.14 trillion constant 2015 US$ | 1.00 trillion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 2010s | 146.86 billion constant 2015 US$ | 1.38 trillion constant 2015 US$ | 1.23 trillion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
| 2020s | 176.10 billion constant 2015 US$ | 1.39 trillion constant 2015 US$ | 1.22 trillion constant 2015 US$ | Latin America & Caribbean (excluding high income) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Iran, Islamic Republic of or Latin America & Caribbean (excluding high income)?
- Latin America & Caribbean (excluding high income), at 1.45 trillion constant 2015 US$ against 184.30 billion constant 2015 US$ in Iran, Islamic Republic of as of 2025.
- What is the difference in industry (including construction), value added between Iran, Islamic Republic of and Latin America & Caribbean (excluding high income)?
- 1.26 trillion constant 2015 US$, with Latin America & Caribbean (excluding high income) ahead.
- How many years of comparable data are there for Iran, Islamic Republic of and Latin America & Caribbean (excluding high income)?
- 61 years are reported by both, from 1965 to 2025.
- How do Iran, Islamic Republic of and Latin America & Caribbean (excluding high income) rank globally for industry (including construction), value added?
- Iran, Islamic Republic of ranks 20th and Latin America & Caribbean (excluding high income) ranks 21st of 196 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.