Industry (including construction), value added in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Industry (including construction), value added was 1.45 trillion constant 2015 US$ in 2025. ▲ Rising
Industry (including construction), value added in Latin America & Caribbean (excluding high income), 1965–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, industry (including construction), value added in Latin America & Caribbean (excluding high income) stood at 1.45 trillion constant 2015 US$. That is the highest value across all 61 years on record.
The figure is up 0.7% on the previous year and up 3.4% over ten years.
Over the whole period, industry (including construction), value added in Latin America & Caribbean (excluding high income) peaked at 1.45 trillion constant 2015 US$ in 2025 and was at its lowest, 284.35 billion constant 2015 US$, in 1965.
Latin America & Caribbean (excluding high income) ranks 21st of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 61 years of available data.
Industry (including construction), value added in Latin America & Caribbean (excluding high income), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1965 | 284.35 billion constant 2015 US$ | — |
| 1966 | 303.70 billion constant 2015 US$ | +6.8% |
| 1967 | 319.96 billion constant 2015 US$ | +5.4% |
| 1968 | 348.90 billion constant 2015 US$ | +9.0% |
| 1969 | 380.25 billion constant 2015 US$ | +9.0% |
| 1970 | 408.31 billion constant 2015 US$ | +7.4% |
| 1971 | 433.88 billion constant 2015 US$ | +6.3% |
| 1972 | 473.60 billion constant 2015 US$ | +9.2% |
| 1973 | 521.71 billion constant 2015 US$ | +10.2% |
| 1974 | 557.06 billion constant 2015 US$ | +6.8% |
| 1975 | 575.09 billion constant 2015 US$ | +3.2% |
| 1976 | 612.58 billion constant 2015 US$ | +6.5% |
| 1977 | 636.15 billion constant 2015 US$ | +3.8% |
| 1978 | 666.90 billion constant 2015 US$ | +4.8% |
| 1979 | 717.45 billion constant 2015 US$ | +7.6% |
| 1980 | 758.92 billion constant 2015 US$ | +5.8% |
| 1981 | 753.75 billion constant 2015 US$ | -0.7% |
| 1982 | 746.64 billion constant 2015 US$ | -0.9% |
| 1983 | 707.12 billion constant 2015 US$ | -5.3% |
| 1984 | 738.82 billion constant 2015 US$ | +4.5% |
| 1985 | 764.11 billion constant 2015 US$ | +3.4% |
| 1986 | 791.54 billion constant 2015 US$ | +3.6% |
| 1987 | 810.93 billion constant 2015 US$ | +2.4% |
| 1988 | 806.33 billion constant 2015 US$ | -0.6% |
| 1989 | 818.16 billion constant 2015 US$ | +1.5% |
| 1990 | 806.81 billion constant 2015 US$ | -1.4% |
| 1991 | 824.46 billion constant 2015 US$ | +2.2% |
| 1992 | 831.33 billion constant 2015 US$ | +0.8% |
| 1993 | 860.63 billion constant 2015 US$ | +3.5% |
| 1994 | 908.57 billion constant 2015 US$ | +5.6% |
| 1995 | 888.11 billion constant 2015 US$ | -2.3% |
| 1996 | 931.50 billion constant 2015 US$ | +4.9% |
| 1997 | 990.64 billion constant 2015 US$ | +6.3% |
| 1998 | 1.01 trillion constant 2015 US$ | +2.3% |
| 1999 | 1.00 trillion constant 2015 US$ | -1.2% |
| 2000 | 1.04 trillion constant 2015 US$ | +3.7% |
| 2001 | 1.02 trillion constant 2015 US$ | -1.5% |
| 2002 | 1.02 trillion constant 2015 US$ | -0.0% |
| 2003 | 1.05 trillion constant 2015 US$ | +2.4% |
| 2004 | 1.11 trillion constant 2015 US$ | +6.3% |
| 2005 | 1.15 trillion constant 2015 US$ | +3.2% |
| 2006 | 1.20 trillion constant 2015 US$ | +4.8% |
| 2007 | 1.25 trillion constant 2015 US$ | +4.1% |
| 2008 | 1.28 trillion constant 2015 US$ | +2.4% |
| 2009 | 1.22 trillion constant 2015 US$ | -5.3% |
| 2010 | 1.30 trillion constant 2015 US$ | +6.8% |
| 2011 | 1.36 trillion constant 2015 US$ | +4.3% |
| 2012 | 1.37 trillion constant 2015 US$ | +1.3% |
| 2013 | 1.40 trillion constant 2015 US$ | +1.8% |
| 2014 | 1.41 trillion constant 2015 US$ | +0.5% |
| 2015 | 1.40 trillion constant 2015 US$ | -0.5% |
| 2016 | 1.38 trillion constant 2015 US$ | -1.5% |
| 2017 | 1.39 trillion constant 2015 US$ | +0.6% |
| 2018 | 1.39 trillion constant 2015 US$ | +0.3% |
| 2019 | 1.37 trillion constant 2015 US$ | -1.3% |
| 2020 | 1.27 trillion constant 2015 US$ | -7.7% |
| 2021 | 1.37 trillion constant 2015 US$ | +7.9% |
| 2022 | 1.41 trillion constant 2015 US$ | +3.4% |
| 2023 | 1.43 trillion constant 2015 US$ | +1.5% |
| 2024 | 1.44 trillion constant 2015 US$ | +0.0% |
| 2025 | 1.45 trillion constant 2015 US$ | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 327.43 billion constant 2015 US$ | 284.35 billion constant 2015 US$ | 380.25 billion constant 2015 US$ | 5 |
| 1970s | 560.27 billion constant 2015 US$ | 408.31 billion constant 2015 US$ | 717.45 billion constant 2015 US$ | 10 |
| 1980s | 769.63 billion constant 2015 US$ | 707.12 billion constant 2015 US$ | 818.16 billion constant 2015 US$ | 10 |
| 1990s | 905.63 billion constant 2015 US$ | 806.81 billion constant 2015 US$ | 1.01 trillion constant 2015 US$ | 10 |
| 2000s | 1.14 trillion constant 2015 US$ | 1.02 trillion constant 2015 US$ | 1.28 trillion constant 2015 US$ | 10 |
| 2010s | 1.38 trillion constant 2015 US$ | 1.30 trillion constant 2015 US$ | 1.41 trillion constant 2015 US$ | 10 |
| 2020s | 1.39 trillion constant 2015 US$ | 1.27 trillion constant 2015 US$ | 1.45 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 18 Ireland 240.49 billion constant 2015 US$ compare
- 19 Switzerland 232.65 billion constant 2015 US$ compare
- 20 Iran, Islamic Republic of 184.30 billion constant 2015 US$ compare
- 21 United Arab Emirates 181.76 billion constant 2015 US$ compare
- 22 Poland 181.18 billion constant 2015 US$ compare
- 23 Netherlands 165.71 billion constant 2015 US$ compare
- 24 Viet Nam 160.44 billion constant 2015 US$ compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.17 % change on previous year (2025)
- Exports of goods and services (current US$), per capita 2,557 current US$ per person (2025)
- Exports of goods and services (current US$), per unit of GDP 0.2456 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), annual growth rate 6.05 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 8,746 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8404 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.44 % change on previous year (2025)
- Gross national expenditure (current US$), per capita 10,589 current US$ per person (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 3.83 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is industry (including construction), value added in Latin America & Caribbean (excluding high income)?
- Industry (including construction), value added in Latin America & Caribbean (excluding high income) was 1.45 trillion constant 2015 US$ 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 (excluding high income)?
- The highest recorded value was 1.45 trillion constant 2015 US$ in 2025.
- What is the lowest industry (including construction), value added recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 284.35 billion constant 2015 US$ in 1965.
- How does Latin America & Caribbean (excluding high income) rank for industry (including construction), value added?
- Latin America & Caribbean (excluding high income) ranks 21st out of 45 groups with data for 2025.
- Is industry (including construction), value added rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 3.4%. The long-run trend across the full record is rising.
- 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 Industry (including construction), value added (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.