Gross value added at basic prices (GVA) in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Gross value added at basic prices (GVA) was 6.03 trillion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Latin America & Caribbean (excluding high income), 1976–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Latin America & Caribbean (excluding high income) is 6.03 trillion current US$, measured in 2025. That is the highest value across all 50 years on record.
The figure is up 3.9% on the previous year and up 39.9% over ten years.
Over the whole period, gross value added at basic prices (gva) in Latin America & Caribbean (excluding high income) peaked at 6.03 trillion current US$ in 2025 and was at its lowest, 468.75 billion current US$, in 1977.
Latin America & Caribbean (excluding high income) ranks 12th of 36 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Latin America & Caribbean (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 506.75 billion current US$ | — |
| 1977 | 468.75 billion current US$ | -7.5% |
| 1978 | 477.54 billion current US$ | +1.9% |
| 1979 | 562.72 billion current US$ | +17.8% |
| 1980 | 668.83 billion current US$ | +18.9% |
| 1981 | 776.58 billion current US$ | +16.1% |
| 1982 | 732.00 billion current US$ | -5.7% |
| 1983 | 644.14 billion current US$ | -12.0% |
| 1984 | 673.98 billion current US$ | +4.6% |
| 1985 | 655.40 billion current US$ | -2.8% |
| 1986 | 655.85 billion current US$ | +0.1% |
| 1987 | 683.31 billion current US$ | +4.2% |
| 1988 | 790.86 billion current US$ | +15.7% |
| 1989 | 877.77 billion current US$ | +11.0% |
| 1990 | 917.76 billion current US$ | +4.6% |
| 1991 | 996.21 billion current US$ | +8.5% |
| 1992 | 1.09 trillion current US$ | +8.9% |
| 1993 | 1.32 trillion current US$ | +21.3% |
| 1994 | 1.54 trillion current US$ | +16.8% |
| 1995 | 1.61 trillion current US$ | +4.5% |
| 1996 | 1.77 trillion current US$ | +10.2% |
| 1997 | 1.94 trillion current US$ | +9.4% |
| 1998 | 1.95 trillion current US$ | +0.9% |
| 1999 | 1.74 trillion current US$ | -11.1% |
| 2000 | 1.92 trillion current US$ | +10.7% |
| 2001 | 1.87 trillion current US$ | -2.5% |
| 2002 | 1.69 trillion current US$ | -10.0% |
| 2003 | 1.72 trillion current US$ | +2.0% |
| 2004 | 1.94 trillion current US$ | +12.8% |
| 2005 | 2.34 trillion current US$ | +20.6% |
| 2006 | 2.73 trillion current US$ | +16.6% |
| 2007 | 3.21 trillion current US$ | +17.6% |
| 2008 | 3.69 trillion current US$ | +15.2% |
| 2009 | 3.41 trillion current US$ | -7.7% |
| 2010 | 4.24 trillion current US$ | +24.3% |
| 2011 | 4.95 trillion current US$ | +16.8% |
| 2012 | 4.94 trillion current US$ | -0.3% |
| 2013 | 5.07 trillion current US$ | +2.7% |
| 2014 | 5.09 trillion current US$ | +0.4% |
| 2015 | 4.31 trillion current US$ | -15.3% |
| 2016 | 4.19 trillion current US$ | -2.9% |
| 2017 | 4.68 trillion current US$ | +11.7% |
| 2018 | 4.55 trillion current US$ | -2.7% |
| 2019 | 4.49 trillion current US$ | -1.3% |
| 2020 | 3.79 trillion current US$ | -15.6% |
| 2021 | 4.38 trillion current US$ | +15.6% |
| 2022 | 5.08 trillion current US$ | +15.9% |
| 2023 | 5.72 trillion current US$ | +12.8% |
| 2024 | 5.80 trillion current US$ | +1.4% |
| 2025 | 6.03 trillion current US$ | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 503.94 billion current US$ | 468.75 billion current US$ | 562.72 billion current US$ | 4 |
| 1980s | 715.87 billion current US$ | 644.14 billion current US$ | 877.77 billion current US$ | 10 |
| 1990s | 1.49 trillion current US$ | 917.76 billion current US$ | 1.95 trillion current US$ | 10 |
| 2000s | 2.45 trillion current US$ | 1.69 trillion current US$ | 3.69 trillion current US$ | 10 |
| 2010s | 4.65 trillion current US$ | 4.19 trillion current US$ | 5.09 trillion current US$ | 10 |
| 2020s | 5.13 trillion current US$ | 3.79 trillion current US$ | 6.03 trillion current US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 9 Canada 2.18 trillion current US$ compare
- 10 Brazil 1.96 trillion current US$ compare
- 11 South Korea 1.74 trillion current US$ compare
- 12 Spain 1.73 trillion current US$ compare
- 13 Mexico 1.71 trillion current US$ compare
- 14 Australia 1.68 trillion current US$ compare
- 15 Turkey 1.42 trillion current US$ compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Services, value added 69.2% (2025)
- Manufacturing, value added 17.6% (2025)
- Industry (including construction), value added 1.97 trillion current US$ (2025)
- Industry (including construction), value added 1.45 trillion constant 2015 US$ (2025)
- Trade in services 7.9% (2025)
- Industry (including construction), value added 30.2% (2025)
- Services, value added 4.52 trillion current US$ (2025)
- Services, value added 3.91 trillion constant 2015 US$ (2025)
- Services, value added 2.3% (2025)
- GDP per capita 8,434 constant 2015 US$ (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is gross value added at basic prices (gva) in Latin America & Caribbean (excluding high income)?
- Gross value added at basic prices (gva) in Latin America & Caribbean (excluding high income) was 6.03 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 6.03 trillion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 468.75 billion current US$ in 1977.
- How does Latin America & Caribbean (excluding high income) rank for gross value added at basic prices (gva)?
- Latin America & Caribbean (excluding high income) ranks 12th out of 36 groups with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 39.9%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.