Gross value added at basic prices (GVA) (current US$), annual growth in Latin America & Caribbean
Latin America & Caribbean: Gross value added at basic prices (GVA) (current US$), annual growth was 4.22 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in Latin America & Caribbean, 1977–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross value added at basic prices (gva) (current us$), annual growth in Latin America & Caribbean is 4.22 % change on previous year, measured in 2025.
The figure is up 154.5% on the previous year and up 130.2% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Latin America & Caribbean peaked at 23.54 % change on previous year in 2010 and was at its lowest, -14.7 % change on previous year, in 2020.
Latin America & Caribbean ranks 32nd of 38 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), annual growth in Latin America & Caribbean, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | -6.04 % change on previous year | — |
| 1978 | 2.69 % change on previous year | -144.6% |
| 1979 | 18.28 % change on previous year | +578.1% |
| 1980 | 19.41 % change on previous year | +6.2% |
| 1981 | 15.5 % change on previous year | -20.1% |
| 1982 | -6.64 % change on previous year | -142.8% |
| 1983 | -10.9 % change on previous year | +64.2% |
| 1984 | 4.46 % change on previous year | -140.9% |
| 1985 | -2.53 % change on previous year | -156.8% |
| 1986 | 0.2608 % change on previous year | -110.3% |
| 1987 | 4.83 % change on previous year | +1751.0% |
| 1988 | 15.09 % change on previous year | +212.7% |
| 1989 | 10.72 % change on previous year | -29.0% |
| 1990 | 5.03 % change on previous year | -53.1% |
| 1991 | 8.74 % change on previous year | +73.6% |
| 1992 | 9.34 % change on previous year | +6.9% |
| 1993 | 19.68 % change on previous year | +110.8% |
| 1994 | 16.48 % change on previous year | -16.3% |
| 1995 | 5.49 % change on previous year | -66.7% |
| 1996 | 9.67 % change on previous year | +76.2% |
| 1997 | 9.44 % change on previous year | -2.4% |
| 1998 | 1.1 % change on previous year | -88.4% |
| 1999 | -10.18 % change on previous year | -1029.4% |
| 2000 | 10.09 % change on previous year | -199.1% |
| 2001 | -2.16 % change on previous year | -121.4% |
| 2002 | -9.12 % change on previous year | +323.3% |
| 2003 | 2.39 % change on previous year | -126.2% |
| 2004 | 13.09 % change on previous year | +447.5% |
| 2005 | 19.94 % change on previous year | +52.3% |
| 2006 | 16.47 % change on previous year | -17.4% |
| 2007 | 16.83 % change on previous year | +2.2% |
| 2008 | 14.48 % change on previous year | -13.9% |
| 2009 | -7.12 % change on previous year | -149.2% |
| 2010 | 23.54 % change on previous year | -430.6% |
| 2011 | 16.29 % change on previous year | -30.8% |
| 2012 | 0.3422 % change on previous year | -97.9% |
| 2013 | 2.92 % change on previous year | +753.4% |
| 2014 | 0.2088 % change on previous year | -92.9% |
| 2015 | -13.97 % change on previous year | -6793.3% |
| 2016 | -2.35 % change on previous year | -83.2% |
| 2017 | 11.07 % change on previous year | -570.2% |
| 2018 | -1.91 % change on previous year | -117.2% |
| 2019 | -1.36 % change on previous year | -28.7% |
| 2020 | -14.7 % change on previous year | +980.5% |
| 2021 | 15.53 % change on previous year | -205.6% |
| 2022 | 14.43 % change on previous year | -7.1% |
| 2023 | 12.44 % change on previous year | -13.8% |
| 2024 | 1.66 % change on previous year | -86.7% |
| 2025 | 4.22 % change on previous year | +154.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.98 % change on previous year | -6.04 % change on previous year | 18.28 % change on previous year | 3 |
| 1980s | 5.02 % change on previous year | -10.9 % change on previous year | 19.41 % change on previous year | 10 |
| 1990s | 7.48 % change on previous year | -10.18 % change on previous year | 19.68 % change on previous year | 10 |
| 2000s | 7.49 % change on previous year | -9.12 % change on previous year | 19.94 % change on previous year | 10 |
| 2010s | 3.48 % change on previous year | -13.97 % change on previous year | 23.54 % change on previous year | 10 |
| 2020s | 5.6 % change on previous year | -14.7 % change on previous year | 15.53 % change on previous year | 6 |
Countries ranked near Latin America & Caribbean
- 29 Guinea-Bissau 14.63 % change on previous year compare
- 30 Senegal 14.47 % change on previous year compare
- 31 Benin 14.34 % change on previous year compare
- 32 Tanzania 13.77 % change on previous year compare
- 33 North Macedonia 13.49 % change on previous year compare
- 34 Guinea 13.34 % change on previous year compare
- 35 Nicaragua 13.07 % change on previous year compare
More economy & growth data for Latin America & Caribbean
- Imports of goods and services 1.66 trillion constant 2015 US$ (2025)
- Gross fixed capital formation 18.7% (2025)
- Gross capital formation 1.40 trillion current US$ (2025)
- Gross capital formation 1.14 trillion constant 2015 US$ (2025)
- Gross capital formation 3.1% (2025)
- Gross capital formation 19.0% (2025)
- Imports of goods and services 1.95 trillion current US$ (2025)
- GNI (current US$), per capita 10,608 current US$ per person (2025)
- Trade 49.1% (2025)
- External balance on goods and services -0.3% (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Latin America & Caribbean?
- Gross value added at basic prices (gva) (current us$), annual growth in Latin America & Caribbean was 4.22 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Latin America & Caribbean?
- The highest recorded value was 23.54 % change on previous year in 2010.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Latin America & Caribbean?
- The lowest recorded value was -14.7 % change on previous year in 2020.
- How does Latin America & Caribbean rank for gross value added at basic prices (gva) (current us$), annual growth?
- Latin America & Caribbean ranks 32nd out of 38 groups with data for 2025.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 130.2%. 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) (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). 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 Offices (NSOs)
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) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.