Gross value added at basic prices (GVA) (constant 2015 US$), annual in Latin America & Caribbean
Latin America & Caribbean: Gross value added at basic prices (GVA) (constant 2015 US$), annual was 2.31 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Latin America & Caribbean, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross value added at basic prices (gva) (constant 2015 us$), annual in Latin America & Caribbean stood at 2.31 % change on previous year.
The figure is up 10.0% on the previous year and up 250.5% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Latin America & Caribbean peaked at 8.61 % change on previous year in 1973 and was at its lowest, -6.59 % change on previous year, in 2020.
Latin America & Caribbean ranks 25th of 32 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Latin America & Caribbean, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.04 % change on previous year | — |
| 1972 | 7.61 % change on previous year | +8.2% |
| 1973 | 8.61 % change on previous year | +13.1% |
| 1974 | 6.89 % change on previous year | -20.0% |
| 1975 | 3.82 % change on previous year | -44.6% |
| 1976 | 5.9 % change on previous year | +54.5% |
| 1977 | 4.61 % change on previous year | -22.0% |
| 1978 | 4.73 % change on previous year | +2.8% |
| 1979 | 7.3 % change on previous year | +54.1% |
| 1980 | 7.05 % change on previous year | -3.4% |
| 1981 | 1.41 % change on previous year | -79.9% |
| 1982 | 0.1296 % change on previous year | -90.8% |
| 1983 | -1.92 % change on previous year | -1577.6% |
| 1984 | 3.95 % change on previous year | -306.1% |
| 1985 | 2.92 % change on previous year | -26.0% |
| 1986 | 3.79 % change on previous year | +29.6% |
| 1987 | 3.06 % change on previous year | -19.3% |
| 1988 | 0.7843 % change on previous year | -74.3% |
| 1989 | 1.73 % change on previous year | +120.8% |
| 1990 | 0.3208 % change on previous year | -81.5% |
| 1991 | 3.05 % change on previous year | +851.8% |
| 1992 | 2.45 % change on previous year | -19.7% |
| 1993 | 3.76 % change on previous year | +53.2% |
| 1994 | 4.07 % change on previous year | +8.4% |
| 1995 | -0.4 % change on previous year | -109.8% |
| 1996 | 3.64 % change on previous year | -1009.4% |
| 1997 | 5.21 % change on previous year | +43.3% |
| 1998 | 3.14 % change on previous year | -39.8% |
| 1999 | 0.9562 % change on previous year | -69.6% |
| 2000 | 3.61 % change on previous year | +278.0% |
| 2001 | 0.4637 % change on previous year | -87.2% |
| 2002 | 0.7412 % change on previous year | +59.8% |
| 2003 | 2.43 % change on previous year | +227.6% |
| 2004 | 5.17 % change on previous year | +112.8% |
| 2005 | 3.99 % change on previous year | -22.7% |
| 2006 | 5.17 % change on previous year | +29.4% |
| 2007 | 5.08 % change on previous year | -1.6% |
| 2008 | 3.49 % change on previous year | -31.4% |
| 2009 | -2.12 % change on previous year | -160.8% |
| 2010 | 6.3 % change on previous year | -396.9% |
| 2011 | 4.38 % change on previous year | -30.5% |
| 2012 | 2.54 % change on previous year | -41.9% |
| 2013 | 2.78 % change on previous year | +9.3% |
| 2014 | 1.53 % change on previous year | -44.9% |
| 2015 | 0.6603 % change on previous year | -56.8% |
| 2016 | -0.0817 % change on previous year | -112.4% |
| 2017 | 1.92 % change on previous year | -2444.5% |
| 2018 | 1.7 % change on previous year | -11.4% |
| 2019 | 0.6465 % change on previous year | -61.9% |
| 2020 | -6.59 % change on previous year | -1119.1% |
| 2021 | 6.94 % change on previous year | -205.3% |
| 2022 | 3.94 % change on previous year | -43.2% |
| 2023 | 2.37 % change on previous year | -40.0% |
| 2024 | 2.1 % change on previous year | -11.1% |
| 2025 | 2.31 % change on previous year | +10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.28 % change on previous year | 3.82 % change on previous year | 8.61 % change on previous year | 9 |
| 1980s | 2.29 % change on previous year | -1.92 % change on previous year | 7.05 % change on previous year | 10 |
| 1990s | 2.62 % change on previous year | -0.4 % change on previous year | 5.21 % change on previous year | 10 |
| 2000s | 2.8 % change on previous year | -2.12 % change on previous year | 5.17 % change on previous year | 10 |
| 2010s | 2.24 % change on previous year | -0.0817 % change on previous year | 6.3 % change on previous year | 10 |
| 2020s | 1.85 % change on previous year | -6.59 % change on previous year | 6.94 % change on previous year | 6 |
Countries ranked near Latin America & Caribbean
- 22 Guinea 7.44 % change on previous year compare
- 23 Senegal 7.19 % change on previous year compare
- 24 Armenia 6.8 % change on previous year compare
- 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
More economy & growth data for Latin America & Caribbean
- Industry (including construction), value added 1.67 trillion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.5908 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added 363.36 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Services, value added (constant 2015 US$), per capita 6,555 constant 2015 US$ per person (2025)
- Manufacturing, value added 957.00 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.22 % change on previous year (2025)
- Industry (including construction), value added 2.24 trillion current US$ (2025)
- Services, value added 68.2% (2025)
- Services, value added 4.37 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), annual in Latin America & Caribbean?
- Gross value added at basic prices (gva) (constant 2015 us$), annual in Latin America & Caribbean was 2.31 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Latin America & Caribbean?
- The highest recorded value was 8.61 % change on previous year in 1973.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Latin America & Caribbean?
- The lowest recorded value was -6.59 % change on previous year in 2020.
- How does Latin America & Caribbean rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
- Latin America & Caribbean ranks 25th out of 32 groups with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 250.5%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean 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.