Latin America & the Caribbean (IDA & IBRD countries) vs Saudi Arabia: Services, value added
Services, value added over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Saudi Arabia
How they compare
Latin America & the Caribbean (IDA & IBRD countries) currently reports 4.81 trillion current US$ against 624.75 billion current US$ in Saudi Arabia, a difference of 4.19 trillion current US$.
That makes Latin America & the Caribbean (IDA & IBRD countries)'s figure about 7.7 times Saudi Arabia's.
Across all 48 years both countries report, Latin America & the Caribbean (IDA & IBRD countries) has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 20th and Saudi Arabia ranks 20th of 47 groups.
Latin America & the Caribbean (IDA & IBRD countries) has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 364.63 billion current US$ | 34.07 billion current US$ | 330.56 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 451.26 billion current US$ | 52.59 billion current US$ | 398.67 billion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 1.14 trillion current US$ | 63.62 billion current US$ | 1.07 trillion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 1.85 trillion current US$ | 114.22 billion current US$ | 1.74 trillion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 3.73 trillion current US$ | 326.80 billion current US$ | 3.40 trillion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 4.04 trillion current US$ | 520.90 billion current US$ | 3.52 trillion current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
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 Saudi Arabia?
- Latin America & the Caribbean (IDA & IBRD countries), at 4.81 trillion current US$ against 624.75 billion current US$ in Saudi Arabia as of 2025.
- What is the difference in services, value added between Latin America & the Caribbean (IDA & IBRD countries) and Saudi Arabia?
- 4.19 trillion current US$, with Latin America & the Caribbean (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Saudi Arabia?
- 48 years are reported by both, from 1978 to 2025.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Saudi Arabia rank globally for services, value added?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 20th and Saudi Arabia ranks 20th of 47 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.