Gross value added at basic prices (GVA) (constant 2015 US$), per in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Gross value added at basic prices (GVA) (constant 2015 US$), per was 8,268 constant 2015 US$ per person in 2025. ▲ Rising
Gross value added at basic prices (GVA) (constant 2015 US$), per in Latin America & the Caribbean (IDA & IBRD countries), 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), per in Latin America & the Caribbean (IDA & IBRD countries) is 8,268 constant 2015 US$ per person, measured in 2025. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 1.6% on the previous year and up 7.5% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Latin America & the Caribbean (IDA & IBRD countries) peaked at 8,268 constant 2015 US$ per person in 2025 and was at its lowest, 3,848 constant 2015 US$ per person, in 1970.
Latin America & the Caribbean (IDA & IBRD countries) ranks 9th of 32 groups on this measure, 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$), per in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1970 | 3,848 constant 2015 US$ per person | — |
| 1971 | 4,017 constant 2015 US$ per person | +4.4% |
| 1972 | 4,221 constant 2015 US$ per person | +5.1% |
| 1973 | 4,479 constant 2015 US$ per person | +6.1% |
| 1974 | 4,680 constant 2015 US$ per person | +4.5% |
| 1975 | 4,739 constant 2015 US$ per person | +1.3% |
| 1976 | 4,903 constant 2015 US$ per person | +3.5% |
| 1977 | 5,006 constant 2015 US$ per person | +2.1% |
| 1978 | 5,120 constant 2015 US$ per person | +2.3% |
| 1979 | 5,375 constant 2015 US$ per person | +5.0% |
| 1980 | 5,638 constant 2015 US$ per person | +4.9% |
| 1981 | 5,572 constant 2015 US$ per person | -1.2% |
| 1982 | 5,447 constant 2015 US$ per person | -2.2% |
| 1983 | 5,218 constant 2015 US$ per person | -4.2% |
| 1984 | 5,302 constant 2015 US$ per person | +1.6% |
| 1985 | 5,347 constant 2015 US$ per person | +0.9% |
| 1986 | 5,441 constant 2015 US$ per person | +1.7% |
| 1987 | 5,502 constant 2015 US$ per person | +1.1% |
| 1988 | 5,431 constant 2015 US$ per person | -1.3% |
| 1989 | 5,419 constant 2015 US$ per person | -0.2% |
| 1990 | 5,336 constant 2015 US$ per person | -1.5% |
| 1991 | 5,419 constant 2015 US$ per person | +1.6% |
| 1992 | 5,469 constant 2015 US$ per person | +0.9% |
| 1993 | 5,592 constant 2015 US$ per person | +2.2% |
| 1994 | 5,723 constant 2015 US$ per person | +2.4% |
| 1995 | 5,601 constant 2015 US$ per person | -2.1% |
| 1996 | 5,705 constant 2015 US$ per person | +1.9% |
| 1997 | 5,911 constant 2015 US$ per person | +3.6% |
| 1998 | 6,002 constant 2015 US$ per person | +1.5% |
| 1999 | 5,959 constant 2015 US$ per person | -0.7% |
| 2000 | 6,081 constant 2015 US$ per person | +2.0% |
| 2001 | 6,020 constant 2015 US$ per person | -1.0% |
| 2002 | 5,981 constant 2015 US$ per person | -0.6% |
| 2003 | 6,045 constant 2015 US$ per person | +1.1% |
| 2004 | 6,276 constant 2015 US$ per person | +3.8% |
| 2005 | 6,440 constant 2015 US$ per person | +2.6% |
| 2006 | 6,684 constant 2015 US$ per person | +3.8% |
| 2007 | 6,938 constant 2015 US$ per person | +3.8% |
| 2008 | 7,096 constant 2015 US$ per person | +2.3% |
| 2009 | 6,861 constant 2015 US$ per person | -3.3% |
| 2010 | 7,219 constant 2015 US$ per person | +5.2% |
| 2011 | 7,456 constant 2015 US$ per person | +3.3% |
| 2012 | 7,562 constant 2015 US$ per person | +1.4% |
| 2013 | 7,691 constant 2015 US$ per person | +1.7% |
| 2014 | 7,727 constant 2015 US$ per person | +0.5% |
| 2015 | 7,694 constant 2015 US$ per person | -0.4% |
| 2016 | 7,610 constant 2015 US$ per person | -1.1% |
| 2017 | 7,683 constant 2015 US$ per person | +0.9% |
| 2018 | 7,743 constant 2015 US$ per person | +0.8% |
| 2019 | 7,728 constant 2015 US$ per person | -0.2% |
| 2020 | 7,177 constant 2015 US$ per person | -7.1% |
| 2021 | 7,635 constant 2015 US$ per person | +6.4% |
| 2022 | 7,888 constant 2015 US$ per person | +3.3% |
| 2023 | 8,023 constant 2015 US$ per person | +1.7% |
| 2024 | 8,137 constant 2015 US$ per person | +1.4% |
| 2025 | 8,268 constant 2015 US$ per person | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,639 constant 2015 US$ per person | 3,848 constant 2015 US$ per person | 5,375 constant 2015 US$ per person | 10 |
| 1980s | 5,432 constant 2015 US$ per person | 5,218 constant 2015 US$ per person | 5,638 constant 2015 US$ per person | 10 |
| 1990s | 5,672 constant 2015 US$ per person | 5,336 constant 2015 US$ per person | 6,002 constant 2015 US$ per person | 10 |
| 2000s | 6,442 constant 2015 US$ per person | 5,981 constant 2015 US$ per person | 7,096 constant 2015 US$ per person | 10 |
| 2010s | 7,611 constant 2015 US$ per person | 7,219 constant 2015 US$ per person | 7,743 constant 2015 US$ per person | 10 |
| 2020s | 7,855 constant 2015 US$ per person | 7,177 constant 2015 US$ per person | 8,268 constant 2015 US$ per person | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 6 Cayman Islands 79,983 constant 2015 US$ per person compare
- 7 Norway 75,270 constant 2015 US$ per person compare
- 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
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Exports of goods and services (current US$), per unit of GDP 0.2611 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), annual growth rate 6.39 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 9,153 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8457 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.55 % change on previous year (2025)
- Gross national expenditure (current US$), per capita 10,922 current US$ per person (2025)
- Gross national expenditure (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 4.04 % change on previous year (2025)
- Final consumption expenditure (constant 2015 US$), per capita 7,444 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 1.18 % change on previous year (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Latin America & the Caribbean (IDA & IBRD countries)?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Latin America & the Caribbean (IDA & IBRD countries) was 8,268 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 8,268 constant 2015 US$ per person in 2025.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 3,848 constant 2015 US$ per person in 1970.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 9th out of 32 groups with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is rising.
- 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$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) 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.