Latin America & Caribbean (excluding high income) vs Spain: Services, value added per worker
Services, value added per worker over time
- Latin America & Caribbean (excluding high income)
- Spain
How they compare
Spain currently reports 61,418 constant 2015 US$ against 17,788 constant 2015 US$ in Latin America & Caribbean (excluding high income), a difference of 43,630 constant 2015 US$.
That makes Spain's figure about 3.5 times Latin America & Caribbean (excluding high income)'s.
Across all 31 years both countries report, Spain has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 24th and Spain ranks 26th of 46 groups.
Spain has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 16,338 constant 2015 US$ | 60,921 constant 2015 US$ | 44,582 constant 2015 US$ | Spain |
| 2000s | 16,336 constant 2015 US$ | 57,374 constant 2015 US$ | 41,037 constant 2015 US$ | Spain |
| 2010s | 17,647 constant 2015 US$ | 59,558 constant 2015 US$ | 41,911 constant 2015 US$ | Spain |
| 2020s | 17,647 constant 2015 US$ | 59,377 constant 2015 US$ | 41,730 constant 2015 US$ | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added per worker, Latin America & Caribbean (excluding high income) or Spain?
- Spain, at 61,418 constant 2015 US$ against 17,788 constant 2015 US$ in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in services, value added per worker between Latin America & Caribbean (excluding high income) and Spain?
- 43,630 constant 2015 US$, with Spain ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Spain?
- 31 years are reported by both, from 1995 to 2025.
- How do Latin America & Caribbean (excluding high income) and Spain rank globally for services, value added per worker?
- Latin America & Caribbean (excluding high income) ranks 24th and Spain ranks 26th of 46 groups.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Services, value added per worker (constant 2015 US$). 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.