Gross value added at basic prices (GVA) in Latin America & Caribbean
Latin America & Caribbean: Gross value added at basic prices (GVA) was 6.85 trillion current US$ in 2025. β Volatile
Gross value added at basic prices (GVA) in Latin America & Caribbean, 1976β2025
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$, in 1977.
Latin America & Caribbean ranks 11th of 37 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 546.86 billion current US$ | 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 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 68.7% (2025)
- Households and NPISHs Final consumption expenditure per capita 6,410 constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure per capita growth 1.8% (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Agriculture, forestry, and fishing, value added 363.36 billion constant 2015 US$ (2025)
- Final consumption expenditure 5.05 trillion constant 2015 US$ (2025)
- Gross national expenditure 7.46 trillion current US$ (2025)
- Final consumption expenditure 2.4% (2025)
- Households and NPISHs Final consumption expenditure 2.5% (2025)
- Final consumption expenditure 6.06 trillion current US$ (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 37 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.
Download this data
CSV Β· JSON β 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.