Hong Kong vs Latin America & the Caribbean (IDA & IBRD countries): Services, value added
Services, value added over time
- Hong Kong
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Hong Kong currently reports 91.5% against 68.3% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 23.2%.
That makes Hong Kong's figure about 1.3 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 25 years both countries report, Hong Kong has been ahead every year.
Hong Kong ranks 3rd and Latin America & the Caribbean (IDA & IBRD countries) ranks 6th of 206 countries.
Hong Kong has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Hong Kong | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 87.6% | 64.2% | 23.4% | Hong Kong |
| 2010s | 90.3% | 67.6% | 22.7% | Hong Kong |
| 2020s | 90.6% | 67.9% | 22.7% | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Hong Kong or Latin America & the Caribbean (IDA & IBRD countries)?
- Hong Kong, at 91.5% against 68.3% in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in services, value added between Hong Kong and Latin America & the Caribbean (IDA & IBRD countries)?
- 23.2%, with Hong Kong ahead.
- How many years of comparable data are there for Hong Kong and Latin America & the Caribbean (IDA & IBRD countries)?
- 25 years are reported by both, from 2000 to 2024.
- How do Hong Kong and Latin America & the Caribbean (IDA & IBRD countries) rank globally for services, value added?
- Hong Kong ranks 3rd and Latin America & the Caribbean (IDA & IBRD countries) ranks 6th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (% of GDP). 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. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.