Latin America & Caribbean vs Spain: Manufacturing, value added
Manufacturing, value added over time
- Latin America & Caribbean
- Spain
How they compare
Latin America & Caribbean currently reports 1.26 trillion current US$ against 202.02 billion current US$ in Spain, a difference of 1.06 trillion current US$.
That makes Latin America & Caribbean's figure about 6.3 times Spain's.
Across all 31 years both countries report, Latin America & Caribbean has been ahead every year.
Latin America & Caribbean ranks 17th and Spain ranks 17th of 45 groups.
Latin America & Caribbean has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 428.06 billion current US$ | 101.94 billion current US$ | 326.12 billion current US$ | Latin America & Caribbean |
| 2000s | 581.82 billion current US$ | 146.63 billion current US$ | 435.20 billion current US$ | Latin America & Caribbean |
| 2010s | 950.51 billion current US$ | 148.95 billion current US$ | 801.56 billion current US$ | Latin America & Caribbean |
| 2020s | 1.12 trillion current US$ | 171.79 billion current US$ | 948.46 billion current US$ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Latin America & Caribbean or Spain?
- Latin America & Caribbean, at 1.26 trillion current US$ against 202.02 billion current US$ in Spain as of 2025.
- What is the difference in manufacturing, value added between Latin America & Caribbean and Spain?
- 1.06 trillion current US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Latin America & Caribbean and Spain?
- 31 years are reported by both, from 1995 to 2025.
- How do Latin America & Caribbean and Spain rank globally for manufacturing, value added?
- Latin America & Caribbean ranks 17th and Spain ranks 17th of 45 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.