Gross value added at basic prices (GVA) (constant 2015 US$), annual in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Gross value added at basic prices (GVA) (constant 2015 US$), annual was 2.31 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Latin America & the Caribbean (IDA & IBRD countries), 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), annual in Latin America & the Caribbean (IDA & IBRD countries) is 2.31 % change on previous year, measured in 2025.
Compared with earlier readings it is up 7.6% on the previous year and up 298.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), annual in Latin America & the Caribbean (IDA & IBRD countries) peaked at 8.73 % change on previous year in 1973 and was at its lowest, -6.45 % change on previous year, in 2020.
That places Latin America & the Caribbean (IDA & IBRD countries) 26th out of 32 groups with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (constant 2015 US$), annual in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7 % change on previous year | — |
| 1972 | 7.68 % change on previous year | +9.7% |
| 1973 | 8.73 % change on previous year | +13.7% |
| 1974 | 7.02 % change on previous year | -19.6% |
| 1975 | 3.7 % change on previous year | -47.3% |
| 1976 | 5.91 % change on previous year | +59.8% |
| 1977 | 4.52 % change on previous year | -23.6% |
| 1978 | 4.69 % change on previous year | +3.9% |
| 1979 | 7.44 % change on previous year | +58.6% |
| 1980 | 7.31 % change on previous year | -1.7% |
| 1981 | 1.06 % change on previous year | -85.5% |
| 1982 | -0.0735 % change on previous year | -106.9% |
| 1983 | -2.1 % change on previous year | +2759.3% |
| 1984 | 3.83 % change on previous year | -282.3% |
| 1985 | 3 % change on previous year | -21.7% |
| 1986 | 3.86 % change on previous year | +28.7% |
| 1987 | 3.18 % change on previous year | -17.6% |
| 1988 | 0.6979 % change on previous year | -78.1% |
| 1989 | 1.73 % change on previous year | +148.0% |
| 1990 | 0.3797 % change on previous year | -78.1% |
| 1991 | 3.48 % change on previous year | +815.6% |
| 1992 | 2.78 % change on previous year | -20.1% |
| 1993 | 4.09 % change on previous year | +47.3% |
| 1994 | 4.15 % change on previous year | +1.5% |
| 1995 | -0.4467 % change on previous year | -110.8% |
| 1996 | 3.57 % change on previous year | -898.8% |
| 1997 | 5.31 % change on previous year | +48.7% |
| 1998 | 3.18 % change on previous year | -40.0% |
| 1999 | 0.8581 % change on previous year | -73.0% |
| 2000 | 3.58 % change on previous year | +317.6% |
| 2001 | 0.4142 % change on previous year | -88.4% |
| 2002 | 0.7248 % change on previous year | +75.0% |
| 2003 | 2.42 % change on previous year | +233.4% |
| 2004 | 5.17 % change on previous year | +114.0% |
| 2005 | 3.88 % change on previous year | -25.0% |
| 2006 | 5.06 % change on previous year | +30.5% |
| 2007 | 5.05 % change on previous year | -0.2% |
| 2008 | 3.5 % change on previous year | -30.8% |
| 2009 | -2.18 % change on previous year | -162.5% |
| 2010 | 6.4 % change on previous year | -392.9% |
| 2011 | 4.43 % change on previous year | -30.9% |
| 2012 | 2.54 % change on previous year | -42.6% |
| 2013 | 2.79 % change on previous year | +9.9% |
| 2014 | 1.53 % change on previous year | -45.2% |
| 2015 | 0.581 % change on previous year | -62.0% |
| 2016 | -0.1073 % change on previous year | -118.5% |
| 2017 | 1.9 % change on previous year | -1871.4% |
| 2018 | 1.68 % change on previous year | -11.5% |
| 2019 | 0.6517 % change on previous year | -61.3% |
| 2020 | -6.45 % change on previous year | -1090.2% |
| 2021 | 7.03 % change on previous year | -208.9% |
| 2022 | 3.96 % change on previous year | -43.7% |
| 2023 | 2.43 % change on previous year | -38.6% |
| 2024 | 2.15 % change on previous year | -11.5% |
| 2025 | 2.31 % change on previous year | +7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.3 % change on previous year | 3.7 % change on previous year | 8.73 % change on previous year | 9 |
| 1980s | 2.25 % change on previous year | -2.1 % change on previous year | 7.31 % change on previous year | 10 |
| 1990s | 2.73 % change on previous year | -0.4467 % change on previous year | 5.31 % change on previous year | 10 |
| 2000s | 2.76 % change on previous year | -2.18 % change on previous year | 5.17 % change on previous year | 10 |
| 2010s | 2.24 % change on previous year | -0.1073 % change on previous year | 6.4 % change on previous year | 10 |
| 2020s | 1.91 % change on previous year | -6.45 % change on previous year | 7.03 % change on previous year | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 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
- 29 Uganda 6.18 % change on previous year compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 8,840 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8168 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), per unit of GDP 0.2611 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), annual in Latin America & the Caribbean (IDA & IBRD countries)?
- Gross value added at basic prices (gva) (constant 2015 us$), annual in Latin America & the Caribbean (IDA & IBRD countries) 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$), annual recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 8.73 % change on previous year in 1973.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), annual recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was -6.45 % change on previous year in 2020.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for gross value added at basic prices (gva) (constant 2015 us$), annual?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 26th out of 32 groups with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), annual rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 298.3%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (constant 2015 US$). 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.