Albania vs Latin America & Caribbean: Services, value added

Albania
5.7%
in 2025
Latin America & Caribbean
2.4%
in 2025
Albania rank
38th
Latin America & Caribbean rank
37th

Services, value added over time

  • Albania
  • Latin America & Caribbean
-5051015197119982025

How they compare

Albania currently reports 5.7% against 2.4% in Latin America & Caribbean, a difference of 3.3%.

That makes Albania's figure about 2.4 times Latin America & Caribbean's.

The two have swapped places 10 times across 30 shared years of data; in 1996 it was Albania ahead.

Albania ranks 38th and Latin America & Caribbean ranks 37th of 198 countries.

Albania has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Albania Latin America & Caribbean Difference Ahead
1990s 6.5% 3.4% 3.1% Albania
2000s 4.2% 3.2% 1.0% Albania
2010s 3.3% 2.6% 0.7% Albania
2020s 5.4% 2.1% 3.4% Albania

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, value added, Albania or Latin America & Caribbean?
Albania, at 5.7% against 2.4% in Latin America & Caribbean as of 2025.
What is the difference in services, value added between Albania and Latin America & Caribbean?
3.3%, with Albania ahead.
How many years of comparable data are there for Albania and Latin America & Caribbean?
30 years are reported by both, from 1996 to 2025.
How do Albania and Latin America & Caribbean rank globally for services, value added?
Albania ranks 38th and Latin America & Caribbean ranks 37th of 198 countries.
Where does this data come from?
Country official statistics, National Statistical Offices (NSOs), published as Services, value added (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Albania vs Latin America & Caribbean: Services, value added. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 12 September 2026, from https://economy.statizoid.com/compare/services-value-added-annual-percent-growth/albania/latin-america-and-caribbean/

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About this data

Indicator
Services, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 9,649 data points, 1961–2025
Last refreshed

Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.