Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Latin America & Caribbean
Latin America & Caribbean: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.7605 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Latin America & Caribbean, 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant 2015 us$), per unit in Latin America & Caribbean is 0.7605 constant 2015 US$ per US$ of GDP, measured in 2025.
The figure is down 1.9% on the previous year and down 17.2% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Latin America & Caribbean peaked at 6.3 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.735 constant 2015 US$ per US$ of GDP, in 2011.
Latin America & Caribbean ranks 22nd of 32 groups on this measure, in the middle of the range.
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$), per unit in Latin America & Caribbean, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 6.3 constant 2015 US$ per US$ of GDP | — |
| 1971 | 6.04 constant 2015 US$ per US$ of GDP | -4.0% |
| 1972 | 5.78 constant 2015 US$ per US$ of GDP | -4.3% |
| 1973 | 4.72 constant 2015 US$ per US$ of GDP | -18.3% |
| 1974 | 3.89 constant 2015 US$ per US$ of GDP | -17.5% |
| 1975 | 3.86 constant 2015 US$ per US$ of GDP | -1.0% |
| 1976 | 3.72 constant 2015 US$ per US$ of GDP | -3.4% |
| 1977 | 3.55 constant 2015 US$ per US$ of GDP | -4.8% |
| 1978 | 3.1 constant 2015 US$ per US$ of GDP | -12.5% |
| 1979 | 2.97 constant 2015 US$ per US$ of GDP | -4.4% |
| 1980 | 2.61 constant 2015 US$ per US$ of GDP | -12.0% |
| 1981 | 2.32 constant 2015 US$ per US$ of GDP | -11.2% |
| 1982 | 2.52 constant 2015 US$ per US$ of GDP | +8.8% |
| 1983 | 2.81 constant 2015 US$ per US$ of GDP | +11.2% |
| 1984 | 2.77 constant 2015 US$ per US$ of GDP | -1.2% |
| 1985 | 2.89 constant 2015 US$ per US$ of GDP | +4.1% |
| 1986 | 2.96 constant 2015 US$ per US$ of GDP | +2.5% |
| 1987 | 2.84 constant 2015 US$ per US$ of GDP | -4.0% |
| 1988 | 2.61 constant 2015 US$ per US$ of GDP | -8.1% |
| 1989 | 2.4 constant 2015 US$ per US$ of GDP | -7.9% |
| 1990 | 2.18 constant 2015 US$ per US$ of GDP | -9.4% |
| 1991 | 2.08 constant 2015 US$ per US$ of GDP | -4.5% |
| 1992 | 1.95 constant 2015 US$ per US$ of GDP | -6.2% |
| 1993 | 1.71 constant 2015 US$ per US$ of GDP | -12.3% |
| 1994 | 1.52 constant 2015 US$ per US$ of GDP | -10.9% |
| 1995 | 1.4 constant 2015 US$ per US$ of GDP | -7.9% |
| 1996 | 1.34 constant 2015 US$ per US$ of GDP | -4.2% |
| 1997 | 1.29 constant 2015 US$ per US$ of GDP | -4.0% |
| 1998 | 1.31 constant 2015 US$ per US$ of GDP | +1.9% |
| 1999 | 1.47 constant 2015 US$ per US$ of GDP | +11.7% |
| 2000 | 1.38 constant 2015 US$ per US$ of GDP | -6.2% |
| 2001 | 1.41 constant 2015 US$ per US$ of GDP | +2.4% |
| 2002 | 1.58 constant 2015 US$ per US$ of GDP | +12.0% |
| 2003 | 1.59 constant 2015 US$ per US$ of GDP | +0.5% |
| 2004 | 1.45 constant 2015 US$ per US$ of GDP | -8.5% |
| 2005 | 1.25 constant 2015 US$ per US$ of GDP | -13.8% |
| 2006 | 1.12 constant 2015 US$ per US$ of GDP | -10.1% |
| 2007 | 1 constant 2015 US$ per US$ of GDP | -10.7% |
| 2008 | 0.8947 constant 2015 US$ per US$ of GDP | -10.9% |
| 2009 | 0.9333 constant 2015 US$ per US$ of GDP | +4.3% |
| 2010 | 0.8009 constant 2015 US$ per US$ of GDP | -14.2% |
| 2011 | 0.735 constant 2015 US$ per US$ of GDP | -8.2% |
| 2012 | 0.7461 constant 2015 US$ per US$ of GDP | +1.5% |
| 2013 | 0.7606 constant 2015 US$ per US$ of GDP | +1.9% |
| 2014 | 0.7765 constant 2015 US$ per US$ of GDP | +2.1% |
| 2015 | 0.9188 constant 2015 US$ per US$ of GDP | +18.3% |
| 2016 | 0.9431 constant 2015 US$ per US$ of GDP | +2.6% |
| 2017 | 0.8659 constant 2015 US$ per US$ of GDP | -8.2% |
| 2018 | 0.9018 constant 2015 US$ per US$ of GDP | +4.1% |
| 2019 | 0.9254 constant 2015 US$ per US$ of GDP | +2.6% |
| 2020 | 1.02 constant 2015 US$ per US$ of GDP | +10.5% |
| 2021 | 0.9399 constant 2015 US$ per US$ of GDP | -8.1% |
| 2022 | 0.8556 constant 2015 US$ per US$ of GDP | -9.0% |
| 2023 | 0.7792 constant 2015 US$ per US$ of GDP | -8.9% |
| 2024 | 0.7755 constant 2015 US$ per US$ of GDP | -0.5% |
| 2025 | 0.7605 constant 2015 US$ per US$ of GDP | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.39 constant 2015 US$ per US$ of GDP | 2.97 constant 2015 US$ per US$ of GDP | 6.3 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 2.67 constant 2015 US$ per US$ of GDP | 2.32 constant 2015 US$ per US$ of GDP | 2.96 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.63 constant 2015 US$ per US$ of GDP | 1.29 constant 2015 US$ per US$ of GDP | 2.18 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.26 constant 2015 US$ per US$ of GDP | 0.8947 constant 2015 US$ per US$ of GDP | 1.59 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.8374 constant 2015 US$ per US$ of GDP | 0.735 constant 2015 US$ per US$ of GDP | 0.9431 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.8556 constant 2015 US$ per US$ of GDP | 0.7605 constant 2015 US$ per US$ of GDP | 1.02 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Latin America & Caribbean
- 19 Ethiopia 0.9742 constant 2015 US$ per US$ of GDP compare
- 20 Republic of Korea 0.9641 constant 2015 US$ per US$ of GDP compare
- 21 Suriname 0.9593 constant 2015 US$ per US$ of GDP compare
- 22 Brunei Darussalam 0.9335 constant 2015 US$ per US$ of GDP compare
- 23 Isle of Man 0.9323 constant 2015 US$ per US$ of GDP compare
- 24 Malaysia 0.9289 constant 2015 US$ per US$ of GDP compare
- 25 Paraguay 0.9213 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Latin America & Caribbean
- Exports of goods and services (current US$), annual growth rate 5.87 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 9,282 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8365 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.56 % change on previous year (2025)
- Gross national expenditure (current US$), per capita 11,192 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 7,578 constant 2015 US$ per person (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9584 current US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 9,017 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Latin America & Caribbean?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Latin America & Caribbean was 0.7605 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Latin America & Caribbean?
- The highest recorded value was 6.3 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Latin America & Caribbean?
- The lowest recorded value was 0.735 constant 2015 US$ per US$ of GDP in 2011.
- How does Latin America & Caribbean rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Latin America & Caribbean ranks 22nd out of 32 groups with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 17.2%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.