Gross value added at basic prices (GVA) (current US$) in Latin America & Caribbean
Latin America & Caribbean: Gross value added at basic prices (GVA) (current US$) was 6.85 trillion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Latin America & Caribbean, 1976–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Latin America & Caribbean is 6.85 trillion current US$, measured in 2025. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 41.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in Latin America & Caribbean peaked at 6.85 trillion current US$ in 2025 and was at its lowest, 508.02 billion current US$, in 1977.
Latin America & Caribbean ranks 11th of 38 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$) in Latin America & Caribbean, year by year
| Year | current US$ | Change |
|---|---|---|
| 1976 | 540.66 billion current US$ | — |
| 1977 | 508.02 billion current US$ | -6.0% |
| 1978 | 521.71 billion current US$ | +2.7% |
| 1979 | 617.06 billion current US$ | +18.3% |
| 1980 | 736.80 billion current US$ | +19.4% |
| 1981 | 851.04 billion current US$ | +15.5% |
| 1982 | 794.54 billion current US$ | -6.6% |
| 1983 | 707.91 billion current US$ | -10.9% |
| 1984 | 739.50 billion current US$ | +4.5% |
| 1985 | 720.76 billion current US$ | -2.5% |
| 1986 | 722.64 billion current US$ | +0.3% |
| 1987 | 757.53 billion current US$ | +4.8% |
| 1988 | 871.88 billion current US$ | +15.1% |
| 1989 | 965.38 billion current US$ | +10.7% |
| 1990 | 1.01 trillion current US$ | +5.0% |
| 1991 | 1.10 trillion current US$ | +8.7% |
| 1992 | 1.21 trillion current US$ | +9.3% |
| 1993 | 1.44 trillion current US$ | +19.7% |
| 1994 | 1.68 trillion current US$ | +16.5% |
| 1995 | 1.77 trillion current US$ | +5.5% |
| 1996 | 1.94 trillion current US$ | +9.7% |
| 1997 | 2.13 trillion current US$ | +9.4% |
| 1998 | 2.15 trillion current US$ | +1.1% |
| 1999 | 1.93 trillion current US$ | -10.2% |
| 2000 | 2.13 trillion current US$ | +10.1% |
| 2001 | 2.08 trillion current US$ | -2.2% |
| 2002 | 1.89 trillion current US$ | -9.1% |
| 2003 | 1.94 trillion current US$ | +2.4% |
| 2004 | 2.19 trillion current US$ | +13.1% |
| 2005 | 2.63 trillion current US$ | +19.9% |
| 2006 | 3.06 trillion current US$ | +16.5% |
| 2007 | 3.57 trillion current US$ | +16.8% |
| 2008 | 4.09 trillion current US$ | +14.5% |
| 2009 | 3.80 trillion current US$ | -7.1% |
| 2010 | 4.69 trillion current US$ | +23.5% |
| 2011 | 5.46 trillion current US$ | +16.3% |
| 2012 | 5.48 trillion current US$ | +0.3% |
| 2013 | 5.64 trillion current US$ | +2.9% |
| 2014 | 5.65 trillion current US$ | +0.2% |
| 2015 | 4.86 trillion current US$ | -14.0% |
| 2016 | 4.75 trillion current US$ | -2.4% |
| 2017 | 5.27 trillion current US$ | +11.1% |
| 2018 | 5.17 trillion current US$ | -1.9% |
| 2019 | 5.10 trillion current US$ | -1.4% |
| 2020 | 4.35 trillion current US$ | -14.7% |
| 2021 | 5.03 trillion current US$ | +15.5% |
| 2022 | 5.75 trillion current US$ | +14.4% |
| 2023 | 6.47 trillion current US$ | +12.4% |
| 2024 | 6.57 trillion current US$ | +1.7% |
| 2025 | 6.85 trillion current US$ | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 546.86 billion current US$ | 508.02 billion current US$ | 617.06 billion current US$ | 4 |
| 1980s | 786.80 billion current US$ | 707.91 billion current US$ | 965.38 billion current US$ | 10 |
| 1990s | 1.64 trillion current US$ | 1.01 trillion current US$ | 2.15 trillion current US$ | 10 |
| 2000s | 2.74 trillion current US$ | 1.89 trillion current US$ | 4.09 trillion current US$ | 10 |
| 2010s | 5.21 trillion current US$ | 4.69 trillion current US$ | 5.65 trillion current US$ | 10 |
| 2020s | 5.84 trillion current US$ | 4.35 trillion current US$ | 6.85 trillion current US$ | 6 |
Countries ranked near Latin America & Caribbean
- 8 Italy 2.28 trillion current US$ compare
- 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
More economy & growth data for Latin America & Caribbean
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 90.45 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0082 BoP, current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,410 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Latin America & Caribbean?
- Gross value added at basic prices (gva) in Latin America & Caribbean was 6.85 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?
- The highest recorded value was 6.85 trillion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Latin America & Caribbean?
- The lowest recorded value was 508.02 billion current US$ in 1977.
- How does Latin America & Caribbean rank for gross value added at basic prices (gva)?
- Latin America & Caribbean ranks 11th out of 38 groups with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 41.0%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean 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.
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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.