Latin America & the Caribbean (IDA & IBRD countries) vs Philippines: Services, value added
Services, value added over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Philippines
How they compare
Philippines currently reports 5.8% against 2.4% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 3.4%.
That makes Philippines's figure about 2.4 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 17 times across 55 shared years of data; in 1971 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 37th and Philippines ranks 37th of 43 groups.
Across the 6 decades both report, Latin America & the Caribbean (IDA & IBRD countries) averaged higher in 1 and Philippines in 5.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.9% | 5.1% | 1.8% | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 2.9% | 3.5% | 0.6% | Philippines |
| 1990s | 3.0% | 3.6% | 0.6% | Philippines |
| 2000s | 3.2% | 5.1% | 2.0% | Philippines |
| 2010s | 2.6% | 7.1% | 4.6% | Philippines |
| 2020s | 2.1% | 4.2% | 2.1% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Latin America & the Caribbean (IDA & IBRD countries) or Philippines?
- Philippines, at 5.8% against 2.4% in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in services, value added between Latin America & the Caribbean (IDA & IBRD countries) and Philippines?
- 3.4%, with Philippines ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Philippines?
- 55 years are reported by both, from 1971 to 2025.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Philippines rank globally for services, value added?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 37th 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.