Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.764 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Latin America & the Caribbean (IDA & IBRD countries), 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 0.764 constant 2015 US$ per US$ of GDP for gross value added at basic prices (gva) (constant 2015 us$), per unit in 2025.
The figure is down 2.0% on the previous year and down 16.5% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Latin America & the Caribbean (IDA & IBRD countries) peaked at 6.42 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.7254 constant 2015 US$ per US$ of GDP, in 2011.
Latin America & the Caribbean (IDA & IBRD countries) ranks 21st 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$), per unit in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 6.42 constant 2015 US$ per US$ of GDP | — |
| 1971 | 6.18 constant 2015 US$ per US$ of GDP | -3.8% |
| 1972 | 5.93 constant 2015 US$ per US$ of GDP | -4.1% |
| 1973 | 4.8 constant 2015 US$ per US$ of GDP | -19.0% |
| 1974 | 3.93 constant 2015 US$ per US$ of GDP | -18.1% |
| 1975 | 3.9 constant 2015 US$ per US$ of GDP | -0.8% |
| 1976 | 3.76 constant 2015 US$ per US$ of GDP | -3.5% |
| 1977 | 3.57 constant 2015 US$ per US$ of GDP | -5.0% |
| 1978 | 3.13 constant 2015 US$ per US$ of GDP | -12.5% |
| 1979 | 2.99 constant 2015 US$ per US$ of GDP | -4.3% |
| 1980 | 2.62 constant 2015 US$ per US$ of GDP | -12.4% |
| 1981 | 2.31 constant 2015 US$ per US$ of GDP | -11.9% |
| 1982 | 2.53 constant 2015 US$ per US$ of GDP | +9.3% |
| 1983 | 2.83 constant 2015 US$ per US$ of GDP | +12.0% |
| 1984 | 2.8 constant 2015 US$ per US$ of GDP | -1.0% |
| 1985 | 2.92 constant 2015 US$ per US$ of GDP | +4.3% |
| 1986 | 3.01 constant 2015 US$ per US$ of GDP | +2.9% |
| 1987 | 2.89 constant 2015 US$ per US$ of GDP | -3.9% |
| 1988 | 2.65 constant 2015 US$ per US$ of GDP | -8.2% |
| 1989 | 2.43 constant 2015 US$ per US$ of GDP | -8.3% |
| 1990 | 2.2 constant 2015 US$ per US$ of GDP | -9.6% |
| 1991 | 2.09 constant 2015 US$ per US$ of GDP | -4.8% |
| 1992 | 1.96 constant 2015 US$ per US$ of GDP | -6.3% |
| 1993 | 1.72 constant 2015 US$ per US$ of GDP | -12.5% |
| 1994 | 1.53 constant 2015 US$ per US$ of GDP | -10.9% |
| 1995 | 1.41 constant 2015 US$ per US$ of GDP | -8.0% |
| 1996 | 1.34 constant 2015 US$ per US$ of GDP | -4.7% |
| 1997 | 1.29 constant 2015 US$ per US$ of GDP | -4.0% |
| 1998 | 1.32 constant 2015 US$ per US$ of GDP | +2.2% |
| 1999 | 1.48 constant 2015 US$ per US$ of GDP | +12.5% |
| 2000 | 1.39 constant 2015 US$ per US$ of GDP | -6.3% |
| 2001 | 1.43 constant 2015 US$ per US$ of GDP | +2.9% |
| 2002 | 1.61 constant 2015 US$ per US$ of GDP | +13.0% |
| 2003 | 1.62 constant 2015 US$ per US$ of GDP | +0.7% |
| 2004 | 1.48 constant 2015 US$ per US$ of GDP | -9.0% |
| 2005 | 1.26 constant 2015 US$ per US$ of GDP | -14.5% |
| 2006 | 1.13 constant 2015 US$ per US$ of GDP | -10.6% |
| 2007 | 1 constant 2015 US$ per US$ of GDP | -11.2% |
| 2008 | 0.8882 constant 2015 US$ per US$ of GDP | -11.3% |
| 2009 | 0.9289 constant 2015 US$ per US$ of GDP | +4.6% |
| 2010 | 0.792 constant 2015 US$ per US$ of GDP | -14.7% |
| 2011 | 0.7254 constant 2015 US$ per US$ of GDP | -8.4% |
| 2012 | 0.7369 constant 2015 US$ per US$ of GDP | +1.6% |
| 2013 | 0.7517 constant 2015 US$ per US$ of GDP | +2.0% |
| 2014 | 0.7681 constant 2015 US$ per US$ of GDP | +2.2% |
| 2015 | 0.9155 constant 2015 US$ per US$ of GDP | +19.2% |
| 2016 | 0.9416 constant 2015 US$ per US$ of GDP | +2.9% |
| 2017 | 0.8614 constant 2015 US$ per US$ of GDP | -8.5% |
| 2018 | 0.8981 constant 2015 US$ per US$ of GDP | +4.3% |
| 2019 | 0.9241 constant 2015 US$ per US$ of GDP | +2.9% |
| 2020 | 1.03 constant 2015 US$ per US$ of GDP | +11.5% |
| 2021 | 0.9453 constant 2015 US$ per US$ of GDP | -8.3% |
| 2022 | 0.8595 constant 2015 US$ per US$ of GDP | -9.1% |
| 2023 | 0.782 constant 2015 US$ per US$ of GDP | -9.0% |
| 2024 | 0.7793 constant 2015 US$ per US$ of GDP | -0.3% |
| 2025 | 0.764 constant 2015 US$ per US$ of GDP | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.46 constant 2015 US$ per US$ of GDP | 2.99 constant 2015 US$ per US$ of GDP | 6.42 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 2.7 constant 2015 US$ per US$ of GDP | 2.31 constant 2015 US$ per US$ of GDP | 3.01 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 | 2.2 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.27 constant 2015 US$ per US$ of GDP | 0.8882 constant 2015 US$ per US$ of GDP | 1.62 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.8315 constant 2015 US$ per US$ of GDP | 0.7254 constant 2015 US$ per US$ of GDP | 0.9416 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.8601 constant 2015 US$ per US$ of GDP | 0.764 constant 2015 US$ per US$ of GDP | 1.03 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 18 Philippines 0.9749 constant 2015 US$ per US$ of GDP compare
- 19 Ethiopia 0.9742 constant 2015 US$ per US$ of GDP compare
- 20 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
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 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$) 7,460 current US$ per person (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) 2.48 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.157 current US$ per US$ of GDP (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$), per unit in Latin America & the Caribbean (IDA & IBRD countries)?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Latin America & the Caribbean (IDA & IBRD countries) was 0.764 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$), per unit recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 6.42 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 0.7254 constant 2015 US$ per US$ of GDP in 2011.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 21st out of 32 groups with data for 2025.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 16.5%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) 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.