Latin America & Caribbean vs Malaysia: Services, value added

Latin America & Caribbean
2.4%
in 2025
Malaysia
5.7%
in 2025
Latin America & Caribbean rank
37th
Malaysia rank
39th

Services, value added over time

  • Latin America & Caribbean
  • Malaysia
-10010203040197119982025

How they compare

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

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

The two have swapped places 13 times across 55 shared years of data; in 1971 it was Latin America & Caribbean ahead.

Latin America & Caribbean ranks 37th and Malaysia ranks 39th of 43 groups.

Malaysia has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Latin America & Caribbean Malaysia Difference Ahead
1970s 6.9% 15.5% 8.6% Malaysia
1980s 2.9% 9.3% 6.4% Malaysia
1990s 3.0% 10.5% 7.5% Malaysia
2000s 3.2% 7.6% 4.4% Malaysia
2010s 2.6% 6.3% 3.7% Malaysia
2020s 2.1% 4.1% 2.1% Malaysia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, value added, Latin America & Caribbean or Malaysia?
Malaysia, at 5.7% against 2.4% in Latin America & Caribbean as of 2025.
What is the difference in services, value added between Latin America & Caribbean and Malaysia?
3.3%, with Malaysia ahead.
How many years of comparable data are there for Latin America & Caribbean and Malaysia?
55 years are reported by both, from 1971 to 2025.
How do Latin America & Caribbean and Malaysia rank globally for services, value added?
Latin America & Caribbean ranks 37th and Malaysia ranks 39th 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.

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Latin America & Caribbean vs Malaysia: Services, value added. Statizoid, drawing on Country official statistics, National Statistical Offices (NSOs). Retrieved 11 September 2026, from https://economy.statizoid.com/compare/services-value-added-annual-percent-growth/latin-america-and-caribbean/malaysia/

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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.