Gross value added at basic prices (GVA) … 2015 annual growth rate in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Gross value added at basic prices (GVA) … 2015 annual growth rate was 2.14 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Latin America & Caribbean (excluding high income), 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross value added at basic prices (gva) (constant 2015 us$), annual in Latin America & Caribbean (excluding high income) stood at 2.14 % change on previous year.
The figure is up 18.1% on the previous year and up 336.7% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Latin America & Caribbean (excluding high income) peaked at 9.24 % change on previous year in 1973 and was at its lowest, -6.45 % change on previous year, in 2020.
Latin America & Caribbean (excluding high income) ranks 28th of 32 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) … 2015 annual growth rate in Latin America & Caribbean (excluding high income), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 6.93 % change on previous year | — |
| 1972 | 8.05 % change on previous year | +16.2% |
| 1973 | 9.24 % change on previous year | +14.8% |
| 1974 | 7.09 % change on previous year | -23.2% |
| 1975 | 4.39 % change on previous year | -38.1% |
| 1976 | 6.01 % change on previous year | +37.0% |
| 1977 | 4.51 % change on previous year | -25.0% |
| 1978 | 4.62 % change on previous year | +2.4% |
| 1979 | 7.33 % change on previous year | +58.9% |
| 1980 | 7.08 % change on previous year | -3.5% |
| 1981 | 1.32 % change on previous year | -81.4% |
| 1982 | 0.5217 % change on previous year | -60.4% |
| 1983 | -1.94 % change on previous year | -470.9% |
| 1984 | 3.97 % change on previous year | -305.0% |
| 1985 | 2.99 % change on previous year | -24.7% |
| 1986 | 3.74 % change on previous year | +25.2% |
| 1987 | 2.98 % change on previous year | -20.4% |
| 1988 | 0.6623 % change on previous year | -77.7% |
| 1989 | 1.49 % change on previous year | +124.6% |
| 1990 | 0.1643 % change on previous year | -89.0% |
| 1991 | 2.94 % change on previous year | +1692.9% |
| 1992 | 2.04 % change on previous year | -30.7% |
| 1993 | 3.7 % change on previous year | +81.1% |
| 1994 | 4.02 % change on previous year | +8.7% |
| 1995 | -0.8284 % change on previous year | -120.6% |
| 1996 | 3.9 % change on previous year | -570.3% |
| 1997 | 5.12 % change on previous year | +31.3% |
| 1998 | 2.99 % change on previous year | -41.5% |
| 1999 | 0.8861 % change on previous year | -70.4% |
| 2000 | 3.6 % change on previous year | +306.2% |
| 2001 | 0.3281 % change on previous year | -90.9% |
| 2002 | 0.639 % change on previous year | +94.7% |
| 2003 | 2.25 % change on previous year | +252.8% |
| 2004 | 5.1 % change on previous year | +126.0% |
| 2005 | 3.86 % change on previous year | -24.2% |
| 2006 | 4.99 % change on previous year | +29.3% |
| 2007 | 5.01 % change on previous year | +0.3% |
| 2008 | 3.39 % change on previous year | -32.2% |
| 2009 | -2.26 % change on previous year | -166.7% |
| 2010 | 6.44 % change on previous year | -384.5% |
| 2011 | 4.26 % change on previous year | -33.8% |
| 2012 | 2.25 % change on previous year | -47.3% |
| 2013 | 2.71 % change on previous year | +20.6% |
| 2014 | 1.4 % change on previous year | -48.1% |
| 2015 | 0.4903 % change on previous year | -65.1% |
| 2016 | -0.2873 % change on previous year | -158.6% |
| 2017 | 1.91 % change on previous year | -763.7% |
| 2018 | 1.55 % change on previous year | -18.9% |
| 2019 | 0.5493 % change on previous year | -64.5% |
| 2020 | -6.45 % change on previous year | -1275.1% |
| 2021 | 6.64 % change on previous year | -202.9% |
| 2022 | 3.75 % change on previous year | -43.5% |
| 2023 | 2.23 % change on previous year | -40.7% |
| 2024 | 1.81 % change on previous year | -18.5% |
| 2025 | 2.14 % change on previous year | +18.1% |
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) … 2015 annual growth rate in Latin America & Caribbean (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +1692.9% | 0.1643 % change on previous year | 2.94 % change on previous year |
| 2020 | -1275.1% | 0.5493 % change on previous year | -6.45 % change on previous year |
| 2017 | +763.7% | -0.2873 % change on previous year | 1.91 % change on previous year |
| 1996 | +570.3% | -0.8284 % change on previous year | 3.9 % change on previous year |
| 1983 | -470.9% | 0.5217 % change on previous year | -1.94 % change on previous year |
| 2010 | +384.5% | -2.26 % change on previous year | 6.44 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.46 % change on previous year | 4.39 % change on previous year | 9.24 % change on previous year | 9 |
| 1980s | 2.28 % change on previous year | -1.94 % change on previous year | 7.08 % change on previous year | 10 |
| 1990s | 2.49 % change on previous year | -0.8284 % change on previous year | 5.12 % change on previous year | 10 |
| 2000s | 2.69 % change on previous year | -2.26 % change on previous year | 5.1 % change on previous year | 10 |
| 2010s | 2.13 % change on previous year | -0.2873 % change on previous year | 6.44 % change on previous year | 10 |
| 2020s | 1.69 % change on previous year | -6.45 % change on previous year | 6.64 % change on previous year | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 25 Paraguay 6.78 % change on previous year compare
- 26 Cote d'Ivoire 6.5 % change on previous year compare
- 27 Kazakhstan 6.5 % change on previous year compare
- 28 Djibouti 6.5 % change on previous year compare
- 29 Uganda 6.18 % change on previous year compare
- 30 Gambia 6.15 % change on previous year compare
- 31 Cape Verde 6.06 % change on previous year compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Foreign direct investment, net outflows (BoP, current US$), gaps 51.74 billion BoP, current US$ (2025)
- Gross domestic savings (current US$), per capita 1,765 current US$ per person (2025)
- GDP (constant 2015 US$), per capita 8,434 constant 2015 US$ per person (2025)
- Gross domestic savings (current US$), annual growth rate 4.31 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1837 constant 2015 US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1696 current US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.17 % change on previous year (2025)
- GNI, Atlas method (current US$), per capita 10,054 current US$ per person (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.966 current US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8104 constant 2015 US$ per US$ of GDP (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), annual in Latin America & Caribbean (excluding high income)?
- Gross value added at basic prices (gva) (constant 2015 us$), annual in Latin America & Caribbean (excluding high income) was 2.14 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 9.24 % change on previous year in 1973.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was -6.45 % change on previous year in 2020.
- How does Latin America & Caribbean (excluding high income) rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
- Latin America & Caribbean (excluding high income) ranks 28th out of 32 groups with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 336.7%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.