Latin America & Caribbean vs New Zealand: Services, value added per worker
Services, value added per worker over time
- Latin America & Caribbean
- New Zealand
How they compare
New Zealand currently reports 69,924 constant 2015 US$ against 18,538 constant 2015 US$ in Latin America & Caribbean, a difference of 51,386 constant 2015 US$.
That makes New Zealand's figure about 3.8 times Latin America & Caribbean's.
Across all 34 years both countries report, New Zealand has been ahead every year.
Latin America & Caribbean ranks 22nd and New Zealand ranks 23rd of 46 groups.
New Zealand has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | New Zealand | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 16,657 constant 2015 US$ | 55,830 constant 2015 US$ | 39,173 constant 2015 US$ | New Zealand |
| 2000s | 16,662 constant 2015 US$ | 62,130 constant 2015 US$ | 45,467 constant 2015 US$ | New Zealand |
| 2010s | 18,228 constant 2015 US$ | 66,408 constant 2015 US$ | 48,180 constant 2015 US$ | New Zealand |
| 2020s | 18,370 constant 2015 US$ | 69,591 constant 2015 US$ | 51,220 constant 2015 US$ | New Zealand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added per worker, Latin America & Caribbean or New Zealand?
- New Zealand, at 69,924 constant 2015 US$ against 18,538 constant 2015 US$ in Latin America & Caribbean as of 2024.
- What is the difference in services, value added per worker between Latin America & Caribbean and New Zealand?
- 51,386 constant 2015 US$, with New Zealand ahead.
- How many years of comparable data are there for Latin America & Caribbean and New Zealand?
- 34 years are reported by both, from 1991 to 2024.
- How do Latin America & Caribbean and New Zealand rank globally for services, value added per worker?
- Latin America & Caribbean ranks 22nd and New Zealand ranks 23rd of 46 groups.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Services, value added per worker (constant 2015 US$). 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.