Germany vs Latin America & the Caribbean (IDA & IBRD countries): Services, value added per worker
Services, value added per worker over time
- Germany
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Germany currently reports 79,290 constant 2015 US$ against 18,538 constant 2015 US$ in Latin America & the Caribbean (IDA & IBRD countries), a difference of 60,752 constant 2015 US$.
That makes Germany's figure about 4.3 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 35 years both countries report, Germany has been ahead every year.
Germany ranks 19th and Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd of 176 countries.
Germany has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Germany | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 67,888 constant 2015 US$ | 16,655 constant 2015 US$ | 51,233 constant 2015 US$ | Germany |
| 2000s | 74,978 constant 2015 US$ | 16,674 constant 2015 US$ | 58,304 constant 2015 US$ | Germany |
| 2010s | 74,267 constant 2015 US$ | 18,153 constant 2015 US$ | 56,113 constant 2015 US$ | Germany |
| 2020s | 77,720 constant 2015 US$ | 18,350 constant 2015 US$ | 59,370 constant 2015 US$ | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added per worker, Germany or Latin America & the Caribbean (IDA & IBRD countries)?
- Germany, at 79,290 constant 2015 US$ against 18,538 constant 2015 US$ in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in services, value added per worker between Germany and Latin America & the Caribbean (IDA & IBRD countries)?
- 60,752 constant 2015 US$, with Germany ahead.
- How many years of comparable data are there for Germany and Latin America & the Caribbean (IDA & IBRD countries)?
- 35 years are reported by both, from 1991 to 2025.
- How do Germany and Latin America & the Caribbean (IDA & IBRD countries) rank globally for services, value added per worker?
- Germany ranks 19th and Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd of 176 countries.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Services, value added per worker (constant 2015 US$). 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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.