Industry (including construction), value added in Latin America & Caribbean
Latin America & Caribbean: Industry (including construction), value added was 1.2% in 2025. ◆ Volatile
Industry (including construction), value added in Latin America & Caribbean, 1966–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Latin America & Caribbean recorded 1.2% for industry (including construction), value added in 2025.
That represents a change of up 32.5% on the previous year and up 483.9% over ten years.
Over the whole period, industry (including construction), value added in Latin America & Caribbean peaked at 9.2% in 1973 and was at its lowest, -7.6%, in 2020.
That places Latin America & Caribbean 39th out of 45 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.
Industry (including construction), value added in Latin America & Caribbean, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1966 | 6.9% | — |
| 1967 | 5.2% | -24.6% |
| 1968 | 8.7% | +68.4% |
| 1969 | 8.6% | -1.1% |
| 1970 | 7.0% | -18.4% |
| 1971 | 6.5% | -7.6% |
| 1972 | 8.4% | +29.7% |
| 1973 | 9.2% | +8.9% |
| 1974 | 6.7% | -26.9% |
| 1975 | 2.1% | -68.4% |
| 1976 | 6.4% | +203.7% |
| 1977 | 3.9% | -39.5% |
| 1978 | 5.0% | +27.1% |
| 1979 | 7.6% | +53.6% |
| 1980 | 5.9% | -23.0% |
| 1981 | -0.4% | -107.7% |
| 1982 | -1.6% | +248.0% |
| 1983 | -5.1% | +229.2% |
| 1984 | 4.5% | -188.2% |
| 1985 | 3.3% | -27.9% |
| 1986 | 3.7% | +13.9% |
| 1987 | 2.6% | -30.1% |
| 1988 | -0.2% | -108.1% |
| 1989 | 1.7% | -919.2% |
| 1990 | -1.2% | -170.1% |
| 1991 | 2.5% | -304.9% |
| 1992 | 1.4% | -44.8% |
| 1993 | 3.7% | +169.5% |
| 1994 | 5.5% | +49.5% |
| 1995 | -1.7% | -130.2% |
| 1996 | 5.0% | -401.1% |
| 1997 | 6.3% | +26.8% |
| 1998 | 2.3% | -63.2% |
| 1999 | -1.1% | -149.0% |
| 2000 | 3.6% | -417.4% |
| 2001 | -1.3% | -136.8% |
| 2002 | -0.0% | -97.8% |
| 2003 | 2.6% | -8707.5% |
| 2004 | 6.1% | +138.1% |
| 2005 | 3.3% | -46.3% |
| 2006 | 4.8% | +46.8% |
| 2007 | 4.0% | -17.0% |
| 2008 | 2.3% | -43.5% |
| 2009 | -4.9% | -318.1% |
| 2010 | 6.5% | -231.4% |
| 2011 | 4.2% | -35.5% |
| 2012 | 1.6% | -60.5% |
| 2013 | 2.0% | +20.3% |
| 2014 | 0.7% | -64.8% |
| 2015 | -0.3% | -143.8% |
| 2016 | -1.3% | +309.2% |
| 2017 | 0.6% | -147.9% |
| 2018 | 0.6% | -0.7% |
| 2019 | -1.2% | -300.6% |
| 2020 | -7.6% | +533.5% |
| 2021 | 7.8% | -203.0% |
| 2022 | 3.6% | -54.1% |
| 2023 | 1.9% | -45.7% |
| 2024 | 0.9% | -54.5% |
| 2025 | 1.2% | +32.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.4% | 5.2% | 8.7% | 4 |
| 1970s | 6.3% | 2.1% | 9.2% | 10 |
| 1980s | 1.4% | -5.1% | 5.9% | 10 |
| 1990s | 2.3% | -1.7% | 6.3% | 10 |
| 2000s | 2.0% | -4.9% | 6.1% | 10 |
| 2010s | 1.3% | -1.3% | 6.5% | 10 |
| 2020s | 1.3% | -7.6% | 7.8% | 6 |
Countries ranked near Latin America & Caribbean
More economy & growth data for Latin America & Caribbean
- Services, value added (constant 2015 US$), per unit of GDP 0.5908 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Services, value added (current US$), per capita 7,567 current US$ per person (2025)
- Manufacturing, value added 957.00 billion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.38 % change on previous year (2025)
- Industry (including construction), value added 2.24 trillion current US$ (2025)
- Industry (including construction), value added 1.67 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 30.3% (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9264 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.22 % change on previous year (2025)
Frequently asked questions
- What is industry (including construction), value added in Latin America & Caribbean?
- Industry (including construction), value added in Latin America & Caribbean was 1.2% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Latin America & Caribbean?
- The highest recorded value was 9.2% in 1973.
- What is the lowest industry (including construction), value added recorded in Latin America & Caribbean?
- The lowest recorded value was -7.6% in 2020.
- How does Latin America & Caribbean rank for industry (including construction), value added?
- Latin America & Caribbean ranks 39th out of 45 groups with data for 2025.
- Is industry (including construction), value added rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 483.9%. 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 Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.