Latin America & the Caribbean (IDA & IBRD countries) vs Luxembourg: Services, value added
Services, value added over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Luxembourg
How they compare
Luxembourg currently reports 81.4% against 68.3% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 13.1%.
That makes Luxembourg's figure about 1.2 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 31 years both countries report, Luxembourg has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 6th and Luxembourg ranks 9th of 47 groups.
Luxembourg has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 66.9% | 70.5% | 3.6% | Luxembourg |
| 2000s | 64.2% | 74.3% | 10.1% | Luxembourg |
| 2010s | 67.6% | 79.1% | 11.5% | Luxembourg |
| 2020s | 67.9% | 80.8% | 12.9% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Latin America & the Caribbean (IDA & IBRD countries) or Luxembourg?
- Luxembourg, at 81.4% against 68.3% in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in services, value added between Latin America & the Caribbean (IDA & IBRD countries) and Luxembourg?
- 13.1%, with Luxembourg ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Luxembourg?
- 31 years are reported by both, from 1995 to 2025.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Luxembourg rank globally for services, value added?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 6th and Luxembourg ranks 9th of 47 groups.
- 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.