Industry (including construction), value added in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Industry (including construction), value added was 1.60 trillion constant 2015 US$ in 2025. ▲ Rising
Industry (including construction), value added in Latin America & the Caribbean (IDA & IBRD countries), 1965–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, industry (including construction), value added in Latin America & the Caribbean (IDA & IBRD countries) stood at 1.60 trillion constant 2015 US$. That is the highest value across all 61 years on record.
That represents a change of up 1.2% on the previous year and up 6.5% over ten years.
Over the whole period, industry (including construction), value added in Latin America & the Caribbean (IDA & IBRD countries) peaked at 1.60 trillion constant 2015 US$ in 2025 and was at its lowest, 304.15 billion constant 2015 US$, in 1965.
Latin America & the Caribbean (IDA & IBRD countries) ranks 19th of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 61 years of available data.
Industry (including construction), value added in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1965 | 304.15 billion constant 2015 US$ | — |
| 1966 | 325.04 billion constant 2015 US$ | +6.9% |
| 1967 | 341.88 billion constant 2015 US$ | +5.2% |
| 1968 | 371.71 billion constant 2015 US$ | +8.7% |
| 1969 | 403.78 billion constant 2015 US$ | +8.6% |
| 1970 | 432.21 billion constant 2015 US$ | +7.0% |
| 1971 | 460.14 billion constant 2015 US$ | +6.5% |
| 1972 | 499.32 billion constant 2015 US$ | +8.5% |
| 1973 | 545.78 billion constant 2015 US$ | +9.3% |
| 1974 | 583.03 billion constant 2015 US$ | +6.8% |
| 1975 | 594.59 billion constant 2015 US$ | +2.0% |
| 1976 | 632.98 billion constant 2015 US$ | +6.5% |
| 1977 | 657.06 billion constant 2015 US$ | +3.8% |
| 1978 | 689.38 billion constant 2015 US$ | +4.9% |
| 1979 | 742.71 billion constant 2015 US$ | +7.7% |
| 1980 | 787.62 billion constant 2015 US$ | +6.0% |
| 1981 | 781.35 billion constant 2015 US$ | -0.8% |
| 1982 | 767.56 billion constant 2015 US$ | -1.8% |
| 1983 | 726.24 billion constant 2015 US$ | -5.4% |
| 1984 | 758.42 billion constant 2015 US$ | +4.4% |
| 1985 | 782.81 billion constant 2015 US$ | +3.2% |
| 1986 | 813.66 billion constant 2015 US$ | +3.9% |
| 1987 | 836.49 billion constant 2015 US$ | +2.8% |
| 1988 | 833.27 billion constant 2015 US$ | -0.4% |
| 1989 | 846.97 billion constant 2015 US$ | +1.6% |
| 1990 | 836.12 billion constant 2015 US$ | -1.3% |
| 1991 | 861.34 billion constant 2015 US$ | +3.0% |
| 1992 | 878.09 billion constant 2015 US$ | +1.9% |
| 1993 | 913.44 billion constant 2015 US$ | +4.0% |
| 1994 | 963.61 billion constant 2015 US$ | +5.5% |
| 1995 | 946.41 billion constant 2015 US$ | -1.8% |
| 1996 | 992.63 billion constant 2015 US$ | +4.9% |
| 1997 | 1.06 trillion constant 2015 US$ | +6.3% |
| 1998 | 1.08 trillion constant 2015 US$ | +2.4% |
| 1999 | 1.07 trillion constant 2015 US$ | -1.2% |
| 2000 | 1.11 trillion constant 2015 US$ | +3.6% |
| 2001 | 1.09 trillion constant 2015 US$ | -1.3% |
| 2002 | 1.09 trillion constant 2015 US$ | -0.0% |
| 2003 | 1.12 trillion constant 2015 US$ | +2.6% |
| 2004 | 1.19 trillion constant 2015 US$ | +6.2% |
| 2005 | 1.23 trillion constant 2015 US$ | +3.2% |
| 2006 | 1.28 trillion constant 2015 US$ | +4.7% |
| 2007 | 1.34 trillion constant 2015 US$ | +4.0% |
| 2008 | 1.37 trillion constant 2015 US$ | +2.2% |
| 2009 | 1.30 trillion constant 2015 US$ | -5.0% |
| 2010 | 1.38 trillion constant 2015 US$ | +6.6% |
| 2011 | 1.44 trillion constant 2015 US$ | +4.2% |
| 2012 | 1.46 trillion constant 2015 US$ | +1.6% |
| 2013 | 1.49 trillion constant 2015 US$ | +2.0% |
| 2014 | 1.50 trillion constant 2015 US$ | +0.7% |
| 2015 | 1.50 trillion constant 2015 US$ | -0.4% |
| 2016 | 1.48 trillion constant 2015 US$ | -1.3% |
| 2017 | 1.49 trillion constant 2015 US$ | +0.6% |
| 2018 | 1.50 trillion constant 2015 US$ | +0.6% |
| 2019 | 1.48 trillion constant 2015 US$ | -1.2% |
| 2020 | 1.37 trillion constant 2015 US$ | -7.6% |
| 2021 | 1.48 trillion constant 2015 US$ | +8.0% |
| 2022 | 1.53 trillion constant 2015 US$ | +3.7% |
| 2023 | 1.56 trillion constant 2015 US$ | +2.0% |
| 2024 | 1.58 trillion constant 2015 US$ | +0.9% |
| 2025 | 1.60 trillion constant 2015 US$ | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 349.31 billion constant 2015 US$ | 304.15 billion constant 2015 US$ | 403.78 billion constant 2015 US$ | 5 |
| 1970s | 583.72 billion constant 2015 US$ | 432.21 billion constant 2015 US$ | 742.71 billion constant 2015 US$ | 10 |
| 1980s | 793.44 billion constant 2015 US$ | 726.24 billion constant 2015 US$ | 846.97 billion constant 2015 US$ | 10 |
| 1990s | 959.58 billion constant 2015 US$ | 836.12 billion constant 2015 US$ | 1.08 trillion constant 2015 US$ | 10 |
| 2000s | 1.21 trillion constant 2015 US$ | 1.09 trillion constant 2015 US$ | 1.37 trillion constant 2015 US$ | 10 |
| 2010s | 1.47 trillion constant 2015 US$ | 1.38 trillion constant 2015 US$ | 1.50 trillion constant 2015 US$ | 10 |
| 2020s | 1.52 trillion constant 2015 US$ | 1.37 trillion constant 2015 US$ | 1.60 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 16 Türkiye 330.83 billion constant 2015 US$ compare
- 17 Spain 270.61 billion constant 2015 US$ compare
- 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
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Industry (including construction), value added (constant 2015 US$) 2,448 constant 2015 US$ per person (2025)
- Industry (including construction), value added 1.2% (2025)
- Industry (including construction), value added 30.3% (2025)
- Industry (including construction), value added (current US$), per 3,275 current US$ per person (2025)
- Services, value added 4.81 trillion current US$ (2025)
- Services, value added 4.22 trillion constant 2015 US$ (2025)
- Services, value added 68.3% (2025)
- Industry (including construction), value added (constant 2015 US$) 1.18 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2262 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 6,472 constant 2015 US$ per person (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is industry (including construction), value added in Latin America & the Caribbean (IDA & IBRD countries)?
- Industry (including construction), value added in Latin America & the Caribbean (IDA & IBRD countries) was 1.60 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 1.60 trillion constant 2015 US$ in 2025.
- What is the lowest industry (including construction), value added recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 304.15 billion constant 2015 US$ in 1965.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for industry (including construction), value added?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 19th out of 45 groups with data for 2025.
- Is industry (including construction), value added rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 6.5%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.