Gross value added at basic prices (GVA) (current US$), annual growth in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Gross value added at basic prices (GVA) (current US$), annual growth was 4.26 % change on previous year in 2025. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in Latin America & the Caribbean (IDA & IBRD countries), 1977–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 4.26 % change on previous year for gross value added at basic prices (gva) (current us$), annual growth in 2025.
That represents a change of up 174.1% on the previous year and up 129.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Latin America & the Caribbean (IDA & IBRD countries) peaked at 24.57 % change on previous year in 2010 and was at its lowest, -15.43 % change on previous year, in 2020.
That places Latin America & the Caribbean (IDA & IBRD countries) 31st out of 38 groups with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), annual growth in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | -6.52 % change on previous year | — |
| 1978 | 1.85 % change on previous year | -128.3% |
| 1979 | 18.72 % change on previous year | +913.9% |
| 1980 | 20.13 % change on previous year | +7.6% |
| 1981 | 16.06 % change on previous year | -20.2% |
| 1982 | -7.18 % change on previous year | -144.7% |
| 1983 | -11.74 % change on previous year | +63.6% |
| 1984 | 4.13 % change on previous year | -135.2% |
| 1985 | -2.68 % change on previous year | -164.8% |
| 1986 | -0.2349 % change on previous year | -91.2% |
| 1987 | 4.59 % change on previous year | -2052.9% |
| 1988 | 15.5 % change on previous year | +237.9% |
| 1989 | 11.25 % change on previous year | -27.4% |
| 1990 | 4.86 % change on previous year | -56.8% |
| 1991 | 9.53 % change on previous year | +96.0% |
| 1992 | 9.89 % change on previous year | +3.8% |
| 1993 | 20.69 % change on previous year | +109.3% |
| 1994 | 16.67 % change on previous year | -19.5% |
| 1995 | 5.49 % change on previous year | -67.1% |
| 1996 | 9.88 % change on previous year | +80.0% |
| 1997 | 9.47 % change on previous year | -4.2% |
| 1998 | 0.7901 % change on previous year | -91.7% |
| 1999 | -10.86 % change on previous year | -1474.9% |
| 2000 | 10.17 % change on previous year | -193.6% |
| 2001 | -2.74 % change on previous year | -126.9% |
| 2002 | -9.96 % change on previous year | +264.0% |
| 2003 | 2.21 % change on previous year | -122.2% |
| 2004 | 13.63 % change on previous year | +516.4% |
| 2005 | 20.73 % change on previous year | +52.1% |
| 2006 | 17.03 % change on previous year | -17.9% |
| 2007 | 17.43 % change on previous year | +2.3% |
| 2008 | 15.01 % change on previous year | -13.8% |
| 2009 | -7.5 % change on previous year | -150.0% |
| 2010 | 24.57 % change on previous year | -427.4% |
| 2011 | 16.72 % change on previous year | -32.0% |
| 2012 | 0.238 % change on previous year | -98.6% |
| 2013 | 2.93 % change on previous year | +1130.1% |
| 2014 | 0.121 % change on previous year | -95.9% |
| 2015 | -14.68 % change on previous year | -12233.6% |
| 2016 | -2.61 % change on previous year | -82.2% |
| 2017 | 11.53 % change on previous year | -541.6% |
| 2018 | -2.05 % change on previous year | -117.7% |
| 2019 | -1.57 % change on previous year | -23.1% |
| 2020 | -15.43 % change on previous year | +880.7% |
| 2021 | 15.88 % change on previous year | -202.9% |
| 2022 | 14.63 % change on previous year | -7.9% |
| 2023 | 12.64 % change on previous year | -13.6% |
| 2024 | 1.55 % change on previous year | -87.7% |
| 2025 | 4.26 % change on previous year | +174.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.68 % change on previous year | -6.52 % change on previous year | 18.72 % change on previous year | 3 |
| 1980s | 4.98 % change on previous year | -11.74 % change on previous year | 20.13 % change on previous year | 10 |
| 1990s | 7.64 % change on previous year | -10.86 % change on previous year | 20.69 % change on previous year | 10 |
| 2000s | 7.6 % change on previous year | -9.96 % change on previous year | 20.73 % change on previous year | 10 |
| 2010s | 3.52 % change on previous year | -14.68 % change on previous year | 24.57 % change on previous year | 10 |
| 2020s | 5.59 % change on previous year | -15.43 % change on previous year | 15.88 % change on previous year | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 28 Côte d'Ivoire 14.66 % change on previous year compare
- 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, United Republic of 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
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$) 1.18 % change on previous year (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Latin America & the Caribbean (IDA & IBRD countries)?
- Gross value added at basic prices (gva) (current us$), annual growth in Latin America & the Caribbean (IDA & IBRD countries) was 4.26 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 24.57 % change on previous year in 2010.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was -15.43 % change on previous year in 2020.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for gross value added at basic prices (gva) (current us$), annual growth?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 31st out of 38 groups with data for 2025.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 129.0%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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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.