Latin America & Caribbean vs Philippines: Services, value added (constant 2015 US$), annual growth rate
Services, value added (constant 2015 US$), annual growth rate over time
- Latin America & Caribbean
- Philippines
How they compare
Philippines currently reports 5.82 % change on previous year against 2.38 % change on previous year in Latin America & Caribbean, a difference of 3.44 % change on previous year.
That makes Philippines's figure about 2.4 times Latin America & Caribbean's.
The two have swapped places 17 times across 55 shared years of data; in 1971 it was Latin America & Caribbean ahead.
Latin America & Caribbean ranks 37th and Philippines ranks 37th of 43 groups.
Across the 6 decades both report, Latin America & Caribbean averaged higher in 1 and Philippines in 5.
Head to head by decade
| Decade | Latin America & Caribbean | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 6.92 % change on previous year | 5.14 % change on previous year | 1.78 % change on previous year | Latin America & Caribbean |
| 1980s | 2.87 % change on previous year | 3.46 % change on previous year | 0.5949 % change on previous year | Philippines |
| 1990s | 3.03 % change on previous year | 3.63 % change on previous year | 0.5975 % change on previous year | Philippines |
| 2000s | 3.21 % change on previous year | 5.14 % change on previous year | 1.92 % change on previous year | Philippines |
| 2010s | 2.56 % change on previous year | 7.13 % change on previous year | 4.57 % change on previous year | Philippines |
| 2020s | 2.07 % change on previous year | 4.18 % change on previous year | 2.11 % change on previous year | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added (constant 2015 us$), annual growth rate, Latin America & Caribbean or Philippines?
- Philippines, at 5.82 % change on previous year against 2.38 % change on previous year in Latin America & Caribbean as of 2025.
- What is the difference in services, value added (constant 2015 us$), annual growth rate between Latin America & Caribbean and Philippines?
- 3.44 % change on previous year, with Philippines ahead.
- How many years of comparable data are there for Latin America & Caribbean and Philippines?
- 55 years are reported by both, from 1971 to 2025.
- How do Latin America & Caribbean and Philippines rank globally for services, value added (constant 2015 us$), annual growth rate?
- Latin America & Caribbean ranks 37th and Philippines ranks 37th of 43 groups.
- Where does this data come from?
- Statizoid (derived), published as Services, value added (constant 2015 US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.