Industry (including construction), value added in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Industry (including construction), value added was 1.97 trillion current US$ in 2025. ◆ Volatile
Industry (including construction), value added in Latin America & Caribbean (excluding high income), 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, industry (including construction), value added in Latin America & Caribbean (excluding high income) stood at 1.97 trillion current US$.
Compared with earlier readings it is up 0.5% on the previous year and up 40.8% over ten years.
Over the whole period, industry (including construction), value added in Latin America & Caribbean (excluding high income) peaked at 2.00 trillion current US$ in 2023 and was at its lowest, 75.81 billion current US$, in 1970.
Latin America & Caribbean (excluding high income) ranks 22nd of 47 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Latin America & Caribbean (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 75.81 billion current US$ | — |
| 1971 | 84.65 billion current US$ | +11.7% |
| 1972 | 92.90 billion current US$ | +9.7% |
| 1973 | 121.96 billion current US$ | +31.3% |
| 1974 | 174.24 billion current US$ | +42.9% |
| 1975 | 173.74 billion current US$ | -0.3% |
| 1976 | 182.41 billion current US$ | +5.0% |
| 1977 | 199.92 billion current US$ | +9.6% |
| 1978 | 239.52 billion current US$ | +19.8% |
| 1979 | 260.58 billion current US$ | +8.8% |
| 1980 | 293.42 billion current US$ | +12.6% |
| 1981 | 332.86 billion current US$ | +13.4% |
| 1982 | 313.58 billion current US$ | -5.8% |
| 1983 | 267.84 billion current US$ | -14.6% |
| 1984 | 289.25 billion current US$ | +8.0% |
| 1985 | 279.27 billion current US$ | -3.4% |
| 1986 | 284.87 billion current US$ | +2.0% |
| 1987 | 301.08 billion current US$ | +5.7% |
| 1988 | 343.60 billion current US$ | +14.1% |
| 1989 | 378.41 billion current US$ | +10.1% |
| 1990 | 362.90 billion current US$ | -4.1% |
| 1991 | 371.88 billion current US$ | +2.5% |
| 1992 | 406.33 billion current US$ | +9.3% |
| 1993 | 536.65 billion current US$ | +32.1% |
| 1994 | 622.34 billion current US$ | +16.0% |
| 1995 | 558.24 billion current US$ | -10.3% |
| 1996 | 608.74 billion current US$ | +9.0% |
| 1997 | 676.95 billion current US$ | +11.2% |
| 1998 | 673.78 billion current US$ | -0.5% |
| 1999 | 617.33 billion current US$ | -8.4% |
| 2000 | 699.57 billion current US$ | +13.3% |
| 2001 | 676.50 billion current US$ | -3.3% |
| 2002 | 620.36 billion current US$ | -8.3% |
| 2003 | 623.43 billion current US$ | +0.5% |
| 2004 | 729.64 billion current US$ | +17.0% |
| 2005 | 876.49 billion current US$ | +20.1% |
| 2006 | 1.03 trillion current US$ | +17.9% |
| 2007 | 1.19 trillion current US$ | +15.0% |
| 2008 | 1.37 trillion current US$ | +15.5% |
| 2009 | 1.18 trillion current US$ | -14.1% |
| 2010 | 1.51 trillion current US$ | +28.4% |
| 2011 | 1.79 trillion current US$ | +18.3% |
| 2012 | 1.76 trillion current US$ | -1.5% |
| 2013 | 1.74 trillion current US$ | -1.1% |
| 2014 | 1.71 trillion current US$ | -1.7% |
| 2015 | 1.40 trillion current US$ | -18.4% |
| 2016 | 1.31 trillion current US$ | -6.2% |
| 2017 | 1.47 trillion current US$ | +12.4% |
| 2018 | 1.48 trillion current US$ | +0.6% |
| 2019 | 1.45 trillion current US$ | -1.9% |
| 2020 | 1.22 trillion current US$ | -16.3% |
| 2021 | 1.53 trillion current US$ | +25.3% |
| 2022 | 1.80 trillion current US$ | +18.0% |
| 2023 | 2.00 trillion current US$ | +11.0% |
| 2024 | 1.96 trillion current US$ | -2.0% |
| 2025 | 1.97 trillion current US$ | +0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 160.57 billion current US$ | 75.81 billion current US$ | 260.58 billion current US$ | 10 |
| 1980s | 308.42 billion current US$ | 267.84 billion current US$ | 378.41 billion current US$ | 10 |
| 1990s | 543.51 billion current US$ | 362.90 billion current US$ | 676.95 billion current US$ | 10 |
| 2000s | 900.00 billion current US$ | 620.36 billion current US$ | 1.37 trillion current US$ | 10 |
| 2010s | 1.56 trillion current US$ | 1.31 trillion current US$ | 1.79 trillion current US$ | 10 |
| 2020s | 1.74 trillion current US$ | 1.22 trillion current US$ | 2.00 trillion current US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 19 Ireland 272.49 billion current US$ compare
- 20 Poland 267.54 billion current US$ compare
- 21 Switzerland 260.90 billion current US$ compare
- 22 United Arab Emirates 244.84 billion current US$ compare
- 23 Netherlands 235.61 billion current US$ compare
- 24 Viet Nam 193.78 billion current US$ compare
- 25 Norway 182.88 billion current US$ compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Trade 47.5% (2025)
- Gross capital formation 2.7% (2025)
- Gross capital formation 18.7% (2025)
- Imports of goods and services 1.65 trillion current US$ (2025)
- Imports of goods and services 1.38 trillion constant 2015 US$ (2025)
- Imports of goods and services 5.7% (2025)
- Imports of goods and services 25.3% (2025)
- External balance on goods and services -0.7% (2025)
- Manufacturing, value added 846.94 billion constant 2015 US$ (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8104 constant 2015 US$ per US$ of GDP (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 1.97 trillion current 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 2.00 trillion current US$ in 2023.
- What is the lowest industry (including construction), value added recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 75.81 billion current US$ in 1970.
- How does Latin America & Caribbean (excluding high income) rank for industry (including construction), value added?
- Latin America & Caribbean (excluding high income) ranks 22nd out of 47 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 40.8%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.