Gross value added at basic prices (GVA) (constant 2015 US$), per in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Gross value added at basic prices (GVA) (constant 2015 US$), per was 7,854 constant 2015 US$ per person in 2025. ▲ Rising
Gross value added at basic prices (GVA) (constant 2015 US$), per in Latin America & Caribbean (excluding high income), 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), per in Latin America & Caribbean (excluding high income) is 7,854 constant 2015 US$ per person, measured in 2025. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 5.9% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Latin America & Caribbean (excluding high income) peaked at 7,854 constant 2015 US$ per person in 2025 and was at its lowest, 3,778 constant 2015 US$ per person, in 1970.
That places Latin America & Caribbean (excluding high income) 11th out of 32 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per in Latin America & Caribbean (excluding high income), year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1970 | 3,778 constant 2015 US$ per person | — |
| 1971 | 3,940 constant 2015 US$ per person | +4.3% |
| 1972 | 4,153 constant 2015 US$ per person | +5.4% |
| 1973 | 4,426 constant 2015 US$ per person | +6.6% |
| 1974 | 4,627 constant 2015 US$ per person | +4.5% |
| 1975 | 4,716 constant 2015 US$ per person | +1.9% |
| 1976 | 4,883 constant 2015 US$ per person | +3.5% |
| 1977 | 4,985 constant 2015 US$ per person | +2.1% |
| 1978 | 5,095 constant 2015 US$ per person | +2.2% |
| 1979 | 5,344 constant 2015 US$ per person | +4.9% |
| 1980 | 5,593 constant 2015 US$ per person | +4.7% |
| 1981 | 5,542 constant 2015 US$ per person | -0.9% |
| 1982 | 5,450 constant 2015 US$ per person | -1.7% |
| 1983 | 5,229 constant 2015 US$ per person | -4.1% |
| 1984 | 5,320 constant 2015 US$ per person | +1.7% |
| 1985 | 5,365 constant 2015 US$ per person | +0.8% |
| 1986 | 5,452 constant 2015 US$ per person | +1.6% |
| 1987 | 5,502 constant 2015 US$ per person | +0.9% |
| 1988 | 5,430 constant 2015 US$ per person | -1.3% |
| 1989 | 5,404 constant 2015 US$ per person | -0.5% |
| 1990 | 5,311 constant 2015 US$ per person | -1.7% |
| 1991 | 5,366 constant 2015 US$ per person | +1.0% |
| 1992 | 5,377 constant 2015 US$ per person | +0.2% |
| 1993 | 5,478 constant 2015 US$ per person | +1.9% |
| 1994 | 5,601 constant 2015 US$ per person | +2.2% |
| 1995 | 5,461 constant 2015 US$ per person | -2.5% |
| 1996 | 5,581 constant 2015 US$ per person | +2.2% |
| 1997 | 5,773 constant 2015 US$ per person | +3.4% |
| 1998 | 5,852 constant 2015 US$ per person | +1.4% |
| 1999 | 5,812 constant 2015 US$ per person | -0.7% |
| 2000 | 5,933 constant 2015 US$ per person | +2.1% |
| 2001 | 5,868 constant 2015 US$ per person | -1.1% |
| 2002 | 5,826 constant 2015 US$ per person | -0.7% |
| 2003 | 5,879 constant 2015 US$ per person | +0.9% |
| 2004 | 6,101 constant 2015 US$ per person | +3.8% |
| 2005 | 6,258 constant 2015 US$ per person | +2.6% |
| 2006 | 6,492 constant 2015 US$ per person | +3.7% |
| 2007 | 6,736 constant 2015 US$ per person | +3.8% |
| 2008 | 6,884 constant 2015 US$ per person | +2.2% |
| 2009 | 6,652 constant 2015 US$ per person | -3.4% |
| 2010 | 7,002 constant 2015 US$ per person | +5.3% |
| 2011 | 7,221 constant 2015 US$ per person | +3.1% |
| 2012 | 7,304 constant 2015 US$ per person | +1.1% |
| 2013 | 7,423 constant 2015 US$ per person | +1.6% |
| 2014 | 7,451 constant 2015 US$ per person | +0.4% |
| 2015 | 7,414 constant 2015 US$ per person | -0.5% |
| 2016 | 7,322 constant 2015 US$ per person | -1.2% |
| 2017 | 7,395 constant 2015 US$ per person | +1.0% |
| 2018 | 7,447 constant 2015 US$ per person | +0.7% |
| 2019 | 7,429 constant 2015 US$ per person | -0.2% |
| 2020 | 6,900 constant 2015 US$ per person | -7.1% |
| 2021 | 7,315 constant 2015 US$ per person | +6.0% |
| 2022 | 7,544 constant 2015 US$ per person | +3.1% |
| 2023 | 7,658 constant 2015 US$ per person | +1.5% |
| 2024 | 7,742 constant 2015 US$ per person | +1.1% |
| 2025 | 7,854 constant 2015 US$ per person | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,595 constant 2015 US$ per person | 3,778 constant 2015 US$ per person | 5,344 constant 2015 US$ per person | 10 |
| 1980s | 5,429 constant 2015 US$ per person | 5,229 constant 2015 US$ per person | 5,593 constant 2015 US$ per person | 10 |
| 1990s | 5,561 constant 2015 US$ per person | 5,311 constant 2015 US$ per person | 5,852 constant 2015 US$ per person | 10 |
| 2000s | 6,263 constant 2015 US$ per person | 5,826 constant 2015 US$ per person | 6,884 constant 2015 US$ per person | 10 |
| 2010s | 7,341 constant 2015 US$ per person | 7,002 constant 2015 US$ per person | 7,451 constant 2015 US$ per person | 10 |
| 2020s | 7,502 constant 2015 US$ per person | 6,900 constant 2015 US$ per person | 7,854 constant 2015 US$ per person | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 8 Singapore 67,011 constant 2015 US$ per person compare
- 9 Macau, China 64,085 constant 2015 US$ per person compare
- 10 Qatar 61,378 constant 2015 US$ per person compare
- 11 Australia 57,404 constant 2015 US$ per person compare
- 12 Denmark 54,897 constant 2015 US$ per person compare
- 13 Iceland 52,920 constant 2015 US$ per person compare
- 14 Turks and Caicos Islands 50,305 constant 2015 US$ per person compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Final consumption expenditure (current US$), per unit of GDP 0.8304 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per capita 7,168 constant 2015 US$ per person (2025)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6887 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 2.39 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 8,642 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.45 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 3.83 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Latin America & Caribbean (excluding high income)?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Latin America & Caribbean (excluding high income) was 7,854 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 7,854 constant 2015 US$ per person in 2025.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 3,778 constant 2015 US$ per person in 1970.
- How does Latin America & Caribbean (excluding high income) rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Latin America & Caribbean (excluding high income) ranks 11th out of 32 groups with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 5.9%. The long-run trend across the full record is rising.
- 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$), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.