Gross value added at basic prices (GVA) (constant 2015 US$), annual in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Gross value added at basic prices (GVA) (constant 2015 US$), annual 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$), annual in Latin America & Caribbean (excluding high income) peaked at 9.24 % change on previous year in 1973 and was at its lowest, -6.45 % change on previous year, in 2020.
Latin America & Caribbean (excluding high income) ranks 28th of 32 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant 2015 US$), annual 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% |
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 Côte 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)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (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$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). 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.