Japan vs Latin America & the Caribbean (IDA & IBRD countries): Services, value added (constant 2015 US$), per unit of GDP

Japan
0.8012 constant 2015 US$ per US$ of GDP
in 2024
Latin America & the Caribbean (IDA & IBRD countries)
0.598 constant 2015 US$ per US$ of GDP
in 2025
Japan rank
7th
Latin America & the Caribbean (IDA & IBRD countries) rank
5th

Services, value added (constant 2015 US$), per unit of GDP over time

  • Japan
  • Latin America & the Caribbean (IDA & IBRD countries)
01234197019972025

How they compare

Japan currently reports 0.8012 constant 2015 US$ per US$ of GDP against 0.598 constant 2015 US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.2032 constant 2015 US$ per US$ of GDP.

That makes Japan's figure about 1.3 times Latin America & the Caribbean (IDA & IBRD countries)'s.

The two have swapped places 3 times across 31 shared years of data; in 1994 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.

Japan ranks 7th and Latin America & the Caribbean (IDA & IBRD countries) ranks 5th of 195 countries.

Across the 4 decades both report, Japan averaged higher in 1 and Latin America & the Caribbean (IDA & IBRD countries) in 3.

Head to head by decade

Decade Japan Latin America & the Caribbean (IDA & IBRD countries) Difference Ahead
1990s 0.549 constant 2015 US$ per US$ of GDP 0.9946 constant 2015 US$ per US$ of GDP 0.4456 constant 2015 US$ per US$ of GDP Latin America & the Caribbean (IDA & IBRD countries)
2000s 0.6115 constant 2015 US$ per US$ of GDP 0.9243 constant 2015 US$ per US$ of GDP 0.3128 constant 2015 US$ per US$ of GDP Latin America & the Caribbean (IDA & IBRD countries)
2010s 0.5845 constant 2015 US$ per US$ of GDP 0.6318 constant 2015 US$ per US$ of GDP 0.0473 constant 2015 US$ per US$ of GDP Latin America & the Caribbean (IDA & IBRD countries)
2020s 0.7004 constant 2015 US$ per US$ of GDP 0.6829 constant 2015 US$ per US$ of GDP 0.0176 constant 2015 US$ per US$ of GDP Japan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher services, value added (constant 2015 us$), per unit of gdp, Japan or Latin America & the Caribbean (IDA & IBRD countries)?
Japan, at 0.8012 constant 2015 US$ per US$ of GDP against 0.598 constant 2015 US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
What is the difference in services, value added (constant 2015 us$), per unit of gdp between Japan and Latin America & the Caribbean (IDA & IBRD countries)?
0.2032 constant 2015 US$ per US$ of GDP, with Japan ahead.
How many years of comparable data are there for Japan and Latin America & the Caribbean (IDA & IBRD countries)?
31 years are reported by both, from 1994 to 2024.
How do Japan and Latin America & the Caribbean (IDA & IBRD countries) rank globally for services, value added (constant 2015 us$), per unit of gdp?
Japan ranks 7th and Latin America & the Caribbean (IDA & IBRD countries) ranks 5th of 195 countries.
Where does this data come from?
Statizoid (derived), published as Services, value added (constant 2015 US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs Latin America & the Caribbean (IDA & IBRD countries): Services, value added (constant 2015 US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/services-value-added-constant-2015-us-per-unit-of-gdp/japan/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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About this data

Indicator
Services, value added (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
238 places, 9,768 data points, 1960–2025
Last refreshed

Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.