Japan vs Latin America & the Caribbean (IDA & IBRD countries): Services, value added per worker
Services, value added per worker over time
- Japan
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Japan currently reports 67,154 constant 2015 US$ against 18,538 constant 2015 US$ in Latin America & the Caribbean (IDA & IBRD countries), a difference of 48,616 constant 2015 US$.
That makes Japan's figure about 3.6 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 31 years both countries report, Japan has been ahead every year.
Japan ranks 24th and Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd of 176 countries.
Japan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Japan | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 64,966 constant 2015 US$ | 16,516 constant 2015 US$ | 48,450 constant 2015 US$ | Japan |
| 2000s | 68,181 constant 2015 US$ | 16,674 constant 2015 US$ | 51,507 constant 2015 US$ | Japan |
| 2010s | 67,935 constant 2015 US$ | 18,153 constant 2015 US$ | 49,782 constant 2015 US$ | Japan |
| 2020s | 66,022 constant 2015 US$ | 18,312 constant 2015 US$ | 47,709 constant 2015 US$ | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added per worker, Japan or Latin America & the Caribbean (IDA & IBRD countries)?
- Japan, at 67,154 constant 2015 US$ against 18,538 constant 2015 US$ in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in services, value added per worker between Japan and Latin America & the Caribbean (IDA & IBRD countries)?
- 48,616 constant 2015 US$, with Japan ahead.
- How many years of comparable data are there for Japan and Latin America & the Caribbean (IDA & IBRD countries)?
- 31 years are reported by both, from 1994 to 2024.
- How do Japan and Latin America & the Caribbean (IDA & IBRD countries) rank globally for services, value added per worker?
- Japan ranks 24th and Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd of 176 countries.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Services, value added per worker (constant 2015 US$). 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.