Industry (including construction), value added per worker in Latin America & Caribbean (excluding high income)

Latin America & Caribbean (excluding high income): Industry (including construction), value added per worker was 20,594 constant 2015 US$ in 2025. ▲ Rising

Latest (2025)
20,594 constant 2015 US$
Change on year
up 1.3%
Rank
24th
of 46 groups
All-time high
21,945 constant 2015 US$
in 2013
All-time low
18,788 constant 2015 US$
in 1992
Years of data
35
1991–2025

Industry (including construction), value added per worker in Latin America & Caribbean (excluding high income), 1991–2025

05.0k10.0k15.0k20.0k1991200820251991: 18.9k constant 2015 US$1992: 18.8k constant 2015 US$1993: 19.1k constant 2015 US$1994: 19.8k constant 2015 US$1995: 19.4k constant 2015 US$1996: 20.1k constant 2015 US$1997: 20.8k constant 2015 US$1998: 20.6k constant 2015 US$1999: 20.5k constant 2015 US$2000: 20.7k constant 2015 US$2001: 20.3k constant 2015 US$2002: 19.8k constant 2015 US$2003: 19.9k constant 2015 US$2004: 20.4k constant 2015 US$2005: 20.4k constant 2015 US$2006: 20.8k constant 2015 US$2007: 21.0k constant 2015 US$2008: 20.9k constant 2015 US$2009: 20.1k constant 2015 US$2010: 21.2k constant 2015 US$2011: 21.9k constant 2015 US$2012: 21.7k constant 2015 US$2013: 21.9k constant 2015 US$2014: 21.5k constant 2015 US$2015: 21.5k constant 2015 US$2016: 21.7k constant 2015 US$2017: 21.8k constant 2015 US$2018: 21.5k constant 2015 US$2019: 21.0k constant 2015 US$2020: 21.0k constant 2015 US$2021: 20.9k constant 2015 US$2022: 20.6k constant 2015 US$2023: 20.6k constant 2015 US$2024: 20.3k constant 2015 US$2025: 20.6k constant 2015 US$

Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.

Analysis

Latin America & Caribbean (excluding high income) recorded 20,594 constant 2015 US$ for industry (including construction), value added per worker in 2025.

That represents a change of up 1.3% on the previous year and down 4.1% over ten years.

Over the whole period, industry (including construction), value added per worker in Latin America & Caribbean (excluding high income) peaked at 21,945 constant 2015 US$ in 2013 and was at its lowest, 18,788 constant 2015 US$, in 1992.

Latin America & Caribbean (excluding high income) ranks 24th of 46 groups on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Industry (including construction), value added per worker in Latin America & Caribbean (excluding high income), year by year

Annual values for Industry (including construction), value added per worker (constant 2015 US$) in Latin America & Caribbean (excluding high income), 1991 to 2025.
Year constant 2015 US$ Change
1991 18,950 constant 2015 US$
1992 18,788 constant 2015 US$ -0.9%
1993 19,072 constant 2015 US$ +1.5%
1994 19,755 constant 2015 US$ +3.6%
1995 19,421 constant 2015 US$ -1.7%
1996 20,135 constant 2015 US$ +3.7%
1997 20,809 constant 2015 US$ +3.3%
1998 20,624 constant 2015 US$ -0.9%
1999 20,465 constant 2015 US$ -0.8%
2000 20,670 constant 2015 US$ +1.0%
2001 20,292 constant 2015 US$ -1.8%
2002 19,780 constant 2015 US$ -2.5%
2003 19,931 constant 2015 US$ +0.8%
2004 20,436 constant 2015 US$ +2.5%
2005 20,421 constant 2015 US$ -0.1%
2006 20,816 constant 2015 US$ +1.9%
2007 20,987 constant 2015 US$ +0.8%
2008 20,873 constant 2015 US$ -0.5%
2009 20,129 constant 2015 US$ -3.6%
2010 21,176 constant 2015 US$ +5.2%
2011 21,866 constant 2015 US$ +3.3%
2012 21,709 constant 2015 US$ -0.7%
2013 21,945 constant 2015 US$ +1.1%
2014 21,533 constant 2015 US$ -1.9%
2015 21,467 constant 2015 US$ -0.3%
2016 21,703 constant 2015 US$ +1.1%
2017 21,759 constant 2015 US$ +0.3%
2018 21,542 constant 2015 US$ -1.0%
2019 21,008 constant 2015 US$ -2.5%
2020 21,045 constant 2015 US$ +0.2%
2021 20,881 constant 2015 US$ -0.8%
2022 20,552 constant 2015 US$ -1.6%
2023 20,613 constant 2015 US$ +0.3%
2024 20,321 constant 2015 US$ -1.4%
2025 20,594 constant 2015 US$ +1.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 19,780 constant 2015 US$ 18,788 constant 2015 US$ 20,809 constant 2015 US$ 9
2000s 20,433 constant 2015 US$ 19,780 constant 2015 US$ 20,987 constant 2015 US$ 10
2010s 21,571 constant 2015 US$ 21,008 constant 2015 US$ 21,945 constant 2015 US$ 10
2020s 20,668 constant 2015 US$ 20,321 constant 2015 US$ 21,045 constant 2015 US$ 6

Countries ranked near Latin America & Caribbean (excluding high income)

  1. 21 Kuwait 88,515 constant 2015 US$ compare
  2. 22 United Arab Emirates 83,992 constant 2015 US$ compare
  3. 23 Japan 83,602 constant 2015 US$ compare
  4. 24 Saudi Arabia 81,510 constant 2015 US$ compare
  5. 25 Germany 77,662 constant 2015 US$ compare
  6. 26 Libya 75,545 constant 2015 US$ compare
  7. 27 France 75,006 constant 2015 US$ compare

See the full ranking of 222 places →

More economy & growth data for Latin America & Caribbean (excluding high income)

All data for Latin America & Caribbean (excluding high income) →

Frequently asked questions

What is industry (including construction), value added per worker in Latin America & Caribbean (excluding high income)?
Industry (including construction), value added per worker in Latin America & Caribbean (excluding high income) was 20,594 constant 2015 US$ in 2025, according to World Development Indicators database, World Bank (WB).
What is the highest industry (including construction), value added per worker recorded in Latin America & Caribbean (excluding high income)?
The highest recorded value was 21,945 constant 2015 US$ in 2013.
What is the lowest industry (including construction), value added per worker recorded in Latin America & Caribbean (excluding high income)?
The lowest recorded value was 18,788 constant 2015 US$ in 1992.
How does Latin America & Caribbean (excluding high income) rank for industry (including construction), value added per worker?
Latin America & Caribbean (excluding high income) ranks 24th out of 46 groups with data for 2025.
Is industry (including construction), value added per worker rising or falling in Latin America & Caribbean (excluding high income)?
Over the last ten years it is down 4.1%. 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 World Development Indicators database, World Bank (WB), published as part of Industry (including construction), value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.

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Industry (including construction), value added per worker in Latin America & Caribbean (excluding high income). Statizoid, drawing on World Development Indicators database, World Bank (WB). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/industry-including-construction-value-added-per-worker-constant-2015-us/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Industry (including construction), value added per worker (constant 2015 US$)
Unit
constant 2015 US$
Source
World Development Indicators database, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
222 places, 7,148 data points, 1991–2025
Last refreshed

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. The core indicator has been divided by the number of workers in this sector to derive a measure of labor productivity. 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.