Latin America & Caribbean (excluding high income) vs Philippines: Services, value added
Services, value added over time
- Latin America & Caribbean (excluding high income)
- Philippines
How they compare
Philippines currently reports 5.8% against 2.3% in Latin America & Caribbean (excluding high income), a difference of 3.5%.
That makes Philippines's figure about 2.6 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 17 times across 55 shared years of data; in 1971 it was Latin America & Caribbean (excluding high income) ahead.
Latin America & Caribbean (excluding high income) ranks 39th and Philippines ranks 37th of 43 groups.
Across the 6 decades both report, Latin America & Caribbean (excluding high income) averaged higher in 1 and Philippines in 5.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.1% | 5.1% | 1.9% | Latin America & Caribbean (excluding high income) |
| 1980s | 2.9% | 3.5% | 0.6% | Philippines |
| 1990s | 2.9% | 3.6% | 0.8% | Philippines |
| 2000s | 3.1% | 5.1% | 2.1% | Philippines |
| 2010s | 2.4% | 7.1% | 4.7% | Philippines |
| 2020s | 2.0% | 4.2% | 2.2% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Latin America & Caribbean (excluding high income) or Philippines?
- Philippines, at 5.8% against 2.3% in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in services, value added between Latin America & Caribbean (excluding high income) and Philippines?
- 3.5%, with Philippines ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Philippines?
- 55 years are reported by both, from 1971 to 2025.
- How do Latin America & Caribbean (excluding high income) and Philippines rank globally for services, value added?
- Latin America & Caribbean (excluding high income) ranks 39th and Philippines ranks 37th of 43 groups.
- 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.