Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Latin America and the Caribbean
Latin America and the Caribbean: Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of was 18.1 Percentage of GDP in 2022. ▲ Rising
Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Latin America and the Caribbean, 2000–2022
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2022, africa's development dynamics (afdd) table 08 - sectoral breakdown of in Latin America and the Caribbean stood at 18.1 Percentage of GDP.
Compared with earlier readings it is up 2.3% on the previous year and up 6.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 08 - sectoral breakdown of in Latin America and the Caribbean peaked at 18.16 Percentage of GDP in 2016 and was at its lowest, 16.07 Percentage of GDP, in 2006.
That places Latin America and the Caribbean 4th out of 28 groups with data for 2022, putting it in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Latin America and the Caribbean, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 16.87 Percentage of GDP | — |
| 2001 | 16.84 Percentage of GDP | -0.2% |
| 2002 | 16.51 Percentage of GDP | -2.0% |
| 2003 | 16.41 Percentage of GDP | -0.6% |
| 2004 | 16.26 Percentage of GDP | -0.9% |
| 2005 | 16.18 Percentage of GDP | -0.5% |
| 2006 | 16.07 Percentage of GDP | -0.7% |
| 2007 | 16.24 Percentage of GDP | +1.1% |
| 2008 | 16.33 Percentage of GDP | +0.6% |
| 2009 | 16.41 Percentage of GDP | +0.5% |
| 2010 | 16.28 Percentage of GDP | -0.8% |
| 2011 | 16.48 Percentage of GDP | +1.2% |
| 2012 | 16.99 Percentage of GDP | +3.1% |
| 2013 | 17.18 Percentage of GDP | +1.1% |
| 2014 | 17.48 Percentage of GDP | +1.8% |
| 2015 | 17.91 Percentage of GDP | +2.4% |
| 2016 | 18.16 Percentage of GDP | +1.4% |
| 2017 | 18.15 Percentage of GDP | -0.1% |
| 2018 | 18.1 Percentage of GDP | -0.3% |
| 2019 | 17.94 Percentage of GDP | -0.9% |
| 2020 | 17.11 Percentage of GDP | -4.6% |
| 2021 | 17.7 Percentage of GDP | +3.5% |
| 2022 | 18.1 Percentage of GDP | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.41 Percentage of GDP | 16.07 Percentage of GDP | 16.87 Percentage of GDP | 10 |
| 2010s | 17.47 Percentage of GDP | 16.28 Percentage of GDP | 18.16 Percentage of GDP | 10 |
| 2020s | 17.64 Percentage of GDP | 17.11 Percentage of GDP | 18.1 Percentage of GDP | 3 |
Countries ranked near Latin America and the Caribbean
- 1 Cabo Verde 22.11 Percentage of GDP compare
- 1 Gambia 36.93 Percentage of GDP compare
- 2 Maldives 34.82 Percentage of GDP compare
- 2 Moldova 20.16 Percentage of GDP compare
- 3 Djibouti 32.1 Percentage of GDP compare
- 4 Sao Tome and Principe 30.43 Percentage of GDP compare
- 4 Syrian Arab Republic 19.26 Percentage of GDP compare
- 5 Türkiye 18.76 Percentage of GDP compare
- 5 Saint Lucia 30.06 Percentage of GDP compare
- 6 Poland 17.59 Percentage of GDP compare
- 6 Croatia 17.76 Percentage of GDP compare
- 6 Montenegro 27.42 Percentage of GDP compare
- 7 Lithuania 17.31 Percentage of GDP compare
- 7 Fiji 17.06 Percentage of GDP compare
- 7 Guinea-Bissau 26.81 Percentage of GDP compare
More economy & growth data for Latin America and the Caribbean
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.54 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.86 Percent per annum (2028)
- Gross Domestic Product, GDP in millions constant 2021 international $ 13.84 million (2027)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 32.96 Percentage of GDP (2028)
- 2.5.1b Number of transboundary breeds (including extinct ones) — Value 348 No (2025)
- 2.5.2 Number of transboundary breeds with unknown risk status — Value 182 No (2025)
- 2.5.2 Number of transboundary breeds (not extinct) — Value 340 No (2025)
- Output per hour worked, GDP constant 2021 international $ at PPP 21.66 (2027)
- 2.5.2 Number of local breeds with unknown risk status — Value 452 No (2025)
- 2.5.2 Number of local breeds (not extinct) — Value 569 No (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 08 - sectoral breakdown of in Latin America and the Caribbean?
- Africa's development dynamics (afdd) table 08 - sectoral breakdown of in Latin America and the Caribbean was 18.1 Percentage of GDP in 2022, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 08 - sectoral breakdown of recorded in Latin America and the Caribbean?
- The highest recorded value was 18.16 Percentage of GDP in 2016.
- What is the lowest africa's development dynamics (afdd) table 08 - sectoral breakdown of recorded in Latin America and the Caribbean?
- The lowest recorded value was 16.07 Percentage of GDP in 2006.
- How does Latin America and the Caribbean rank for africa's development dynamics (afdd) table 08 - sectoral breakdown of?
- Latin America and the Caribbean ranks 4th out of 28 groups with data for 2022.
- Is africa's development dynamics (afdd) table 08 - sectoral breakdown of rising or falling in Latin America and the Caribbean?
- Over the last ten years it is up 6.6%. The long-run trend across the full record is rising.
- Where does this Latin America and the Caribbean data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of the economy — Value added in wholesale, retail trade, restaurants and hotels. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 8 shows the breakdown of national economies by sectors of activity, looking at share of employment, contributions to GDP, along with the impact of natural resource extraction on the economy.