Latin America & the Caribbean (IDA & IBRD countries) vs Thailand: Manufacturing, value added

Latin America & the Caribbean (IDA & IBRD countries)
16.9%
in 2025
Thailand
23.7%
in 2025
Latin America & the Caribbean (IDA & IBRD countries) rank
14th
Thailand rank
11th

Manufacturing, value added over time

  • Latin America & the Caribbean (IDA & IBRD countries)
  • Thailand
102030405060196019922025

How they compare

Thailand currently reports 23.7% against 16.9% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 6.8%.

That makes Thailand's figure about 1.4 times Latin America & the Caribbean (IDA & IBRD countries)'s.

The two have swapped places 1 time across 61 shared years of data; in 1965 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.

Latin America & the Caribbean (IDA & IBRD countries) ranks 14th and Thailand ranks 11th of 47 groups.

Across the 7 decades both report, Latin America & the Caribbean (IDA & IBRD countries) averaged higher in 3 and Thailand in 4.

Head to head by decade

Decade Latin America & the Caribbean (IDA & IBRD countries) Thailand Difference Ahead
1960s 50.1% 14.8% 35.3% Latin America & the Caribbean (IDA & IBRD countries)
1970s 42.9% 19.0% 23.9% Latin America & the Caribbean (IDA & IBRD countries)
1980s 28.9% 23.3% 5.6% Latin America & the Caribbean (IDA & IBRD countries)
1990s 22.2% 26.9% 4.7% Thailand
2000s 18.9% 29.4% 10.5% Thailand
2010s 16.2% 27.7% 11.5% Thailand
2020s 17.7% 25.5% 7.8% Thailand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher manufacturing, value added, Latin America & the Caribbean (IDA & IBRD countries) or Thailand?
Thailand, at 23.7% against 16.9% in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
What is the difference in manufacturing, value added between Latin America & the Caribbean (IDA & IBRD countries) and Thailand?
6.8%, with Thailand ahead.
How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Thailand?
61 years are reported by both, from 1965 to 2025.
How do Latin America & the Caribbean (IDA & IBRD countries) and Thailand rank globally for manufacturing, value added?
Latin America & the Caribbean (IDA & IBRD countries) ranks 14th and Thailand ranks 11th of 47 groups.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & the Caribbean (IDA & IBRD countries) vs Thailand: Manufacturing, value added. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/manufacturing-value-added-percent-of-gdp/latin-america-and-the-caribbean-ida-and-ibrd-countries/thailand/

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About this data

Indicator
Manufacturing, value added (% of GDP)
Unit
% of GDP
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 10,088 data points, 1960–2025
Last refreshed

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.