Albania vs Latin America & the Caribbean (IDA & IBRD countries): Services, value added
Services, value added over time
- Albania
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Albania currently reports 5.7% against 2.4% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 3.3%.
That makes Albania's figure about 2.4 times Latin America & the Caribbean (IDA & IBRD countries)'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 & the Caribbean (IDA & IBRD countries) 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 & the Caribbean (IDA & IBRD countries) | 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% | 3.3% | Albania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Albania or Latin America & the Caribbean (IDA & IBRD countries)?
- Albania, at 5.7% against 2.4% in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in services, value added between Albania and Latin America & the Caribbean (IDA & IBRD countries)?
- 3.3%, with Albania ahead.
- How many years of comparable data are there for Albania and Latin America & the Caribbean (IDA & IBRD countries)?
- 30 years are reported by both, from 1996 to 2025.
- How do Albania and Latin America & the Caribbean (IDA & IBRD countries) rank globally for services, value added?
- Albania ranks 38th and Latin America & the Caribbean (IDA & IBRD countries) 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.
Individual pages
About this data
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.