Italy vs Latin America & Caribbean: Services, value added per worker
Services, value added per worker over time
- Italy
- Latin America & Caribbean
How they compare
Italy currently reports 80,823 constant 2015 US$ against 18,538 constant 2015 US$ in Latin America & Caribbean, a difference of 62,285 constant 2015 US$.
That makes Italy's figure about 4.4 times Latin America & Caribbean's.
Across all 35 years both countries report, Italy has been ahead every year.
Italy ranks 17th and Latin America & Caribbean ranks 22nd of 176 countries.
Italy has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Italy | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 82,483 constant 2015 US$ | 16,657 constant 2015 US$ | 65,826 constant 2015 US$ | Italy |
| 2000s | 83,900 constant 2015 US$ | 16,662 constant 2015 US$ | 67,238 constant 2015 US$ | Italy |
| 2010s | 79,441 constant 2015 US$ | 18,228 constant 2015 US$ | 61,212 constant 2015 US$ | Italy |
| 2020s | 80,392 constant 2015 US$ | 18,398 constant 2015 US$ | 61,994 constant 2015 US$ | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added per worker, Italy or Latin America & Caribbean?
- Italy, at 80,823 constant 2015 US$ against 18,538 constant 2015 US$ in Latin America & Caribbean as of 2025.
- What is the difference in services, value added per worker between Italy and Latin America & Caribbean?
- 62,285 constant 2015 US$, with Italy ahead.
- How many years of comparable data are there for Italy and Latin America & Caribbean?
- 35 years are reported by both, from 1991 to 2025.
- How do Italy and Latin America & Caribbean rank globally for services, value added per worker?
- Italy ranks 17th and Latin America & Caribbean ranks 22nd of 176 countries.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Services, value added per worker (constant 2015 US$). 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.