Australia vs Latin America & the Caribbean (IDA & IBRD countries): Industry (including construction), value added
Industry (including construction), value added over time
- Australia
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Latin America & the Caribbean (IDA & IBRD countries) currently reports 2.13 trillion current US$ against 429.60 billion current US$ in Australia, a difference of 1.70 trillion current US$.
That makes Latin America & the Caribbean (IDA & IBRD countries)'s figure about 5.0 times Australia's.
Across all 36 years both countries report, Latin America & the Caribbean (IDA & IBRD countries) has been ahead every year.
Australia ranks 16th and Latin America & the Caribbean (IDA & IBRD countries) ranks 21st of 209 countries.
Latin America & the Caribbean (IDA & IBRD countries) has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 94.86 billion current US$ | 567.74 billion current US$ | 472.88 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 164.72 billion current US$ | 949.14 billion current US$ | 784.42 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 344.79 billion current US$ | 1.67 trillion current US$ | 1.32 trillion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 425.96 billion current US$ | 1.88 trillion current US$ | 1.45 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 industry (including construction), value added, Australia or Latin America & the Caribbean (IDA & IBRD countries)?
- Latin America & the Caribbean (IDA & IBRD countries), at 2.13 trillion current US$ against 429.60 billion current US$ in Australia as of 2025.
- What is the difference in industry (including construction), value added between Australia and Latin America & the Caribbean (IDA & IBRD countries)?
- 1.70 trillion current US$, with Latin America & the Caribbean (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Australia and Latin America & the Caribbean (IDA & IBRD countries)?
- 36 years are reported by both, from 1990 to 2025.
- How do Australia and Latin America & the Caribbean (IDA & IBRD countries) rank globally for industry (including construction), value added?
- Australia ranks 16th and Latin America & the Caribbean (IDA & IBRD countries) ranks 21st of 209 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.