Latin America & the Caribbean (IDA & IBRD countries) vs Philippines: Services, value added (constant 2015 US$), annual growth rate
Services, value added (constant 2015 US$), annual growth rate over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Philippines
How they compare
Philippines currently reports 5.82 % change on previous year against 2.38 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries), a difference of 3.44 % change on previous year.
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 38th 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 | 6.92 % change on previous year | 5.14 % change on previous year | 1.78 % change on previous year | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 2.87 % change on previous year | 3.46 % change on previous year | 0.5949 % change on previous year | Philippines |
| 1990s | 3.05 % change on previous year | 3.63 % change on previous year | 0.5817 % change on previous year | Philippines |
| 2000s | 3.16 % change on previous year | 5.14 % change on previous year | 1.97 % 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 | 2.12 % change on previous year | 4.18 % change on previous year | 2.06 % 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$), annual growth rate, Latin America & the Caribbean (IDA & IBRD countries) or Philippines?
- Philippines, at 5.82 % change on previous year against 2.38 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in services, value added (constant 2015 us$), annual growth rate between Latin America & the Caribbean (IDA & IBRD countries) and Philippines?
- 3.44 % change on previous year, 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 (constant 2015 us$), annual growth rate?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 38th and Philippines ranks 37th of 43 groups.
- Where does this data come from?
- Statizoid (derived), published as Services, value added (constant 2015 US$), 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.