Industry (including construction), value added per worker in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Industry (including construction), value added per worker was 22,007 constant 2015 US$ in 2025. ▲ Rising
Industry (including construction), value added per worker in Latin America & the Caribbean (IDA & IBRD countries), 1991–2025
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 22,007 constant 2015 US$ for industry (including construction), value added per worker in 2025.
The figure is up 1.3% on the previous year and down 1.6% over ten years.
Over the whole period, industry (including construction), value added per worker in Latin America & the Caribbean (IDA & IBRD countries) peaked at 22,788 constant 2015 US$ in 2013 and was at its lowest, 19,435 constant 2015 US$, in 1991.
That places Latin America & the Caribbean (IDA & IBRD countries) 20th out of 46 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Industry (including construction), value added per worker in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1991 | 19,435 constant 2015 US$ | — |
| 1992 | 19,443 constant 2015 US$ | +0.0% |
| 1993 | 19,771 constant 2015 US$ | +1.7% |
| 1994 | 20,460 constant 2015 US$ | +3.5% |
| 1995 | 20,189 constant 2015 US$ | -1.3% |
| 1996 | 20,925 constant 2015 US$ | +3.6% |
| 1997 | 21,602 constant 2015 US$ | +3.2% |
| 1998 | 21,485 constant 2015 US$ | -0.5% |
| 1999 | 21,390 constant 2015 US$ | -0.4% |
| 2000 | 21,596 constant 2015 US$ | +1.0% |
| 2001 | 21,224 constant 2015 US$ | -1.7% |
| 2002 | 20,723 constant 2015 US$ | -2.4% |
| 2003 | 20,926 constant 2015 US$ | +1.0% |
| 2004 | 21,402 constant 2015 US$ | +2.3% |
| 2005 | 21,374 constant 2015 US$ | -0.1% |
| 2006 | 21,723 constant 2015 US$ | +1.6% |
| 2007 | 21,863 constant 2015 US$ | +0.6% |
| 2008 | 21,702 constant 2015 US$ | -0.7% |
| 2009 | 21,004 constant 2015 US$ | -3.2% |
| 2010 | 21,997 constant 2015 US$ | +4.7% |
| 2011 | 22,650 constant 2015 US$ | +3.0% |
| 2012 | 22,574 constant 2015 US$ | -0.3% |
| 2013 | 22,788 constant 2015 US$ | +1.0% |
| 2014 | 22,416 constant 2015 US$ | -1.6% |
| 2015 | 22,356 constant 2015 US$ | -0.3% |
| 2016 | 22,660 constant 2015 US$ | +1.4% |
| 2017 | 22,705 constant 2015 US$ | +0.2% |
| 2018 | 22,530 constant 2015 US$ | -0.8% |
| 2019 | 22,009 constant 2015 US$ | -2.3% |
| 2020 | 22,128 constant 2015 US$ | +0.5% |
| 2021 | 21,975 constant 2015 US$ | -0.7% |
| 2022 | 21,654 constant 2015 US$ | -1.5% |
| 2023 | 21,830 constant 2015 US$ | +0.8% |
| 2024 | 21,719 constant 2015 US$ | -0.5% |
| 2025 | 22,007 constant 2015 US$ | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20,522 constant 2015 US$ | 19,435 constant 2015 US$ | 21,602 constant 2015 US$ | 9 |
| 2000s | 21,354 constant 2015 US$ | 20,723 constant 2015 US$ | 21,863 constant 2015 US$ | 10 |
| 2010s | 22,468 constant 2015 US$ | 21,997 constant 2015 US$ | 22,788 constant 2015 US$ | 10 |
| 2020s | 21,885 constant 2015 US$ | 21,654 constant 2015 US$ | 22,128 constant 2015 US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 17 Finland 100,919 constant 2015 US$ compare
- 18 Republic of Korea 97,124 constant 2015 US$ compare
- 19 Belgium 96,482 constant 2015 US$ compare
- 20 Austria 93,010 constant 2015 US$ compare
- 21 Kuwait 88,515 constant 2015 US$ compare
- 22 United Arab Emirates 83,992 constant 2015 US$ compare
- 23 Japan 83,602 constant 2015 US$ compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Services, value added (constant 2015 US$), per unit of GDP 0.598 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Manufacturing, value added 900.25 billion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.38 % change on previous year (2025)
- Industry (including construction), value added 2.13 trillion current US$ (2025)
- Industry (including construction), value added 1.60 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 1.2% (2025)
- Industry (including construction), value added 30.3% (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9233 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.26 % change on previous year (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is industry (including construction), value added per worker in Latin America & the Caribbean (IDA & IBRD countries)?
- Industry (including construction), value added per worker in Latin America & the Caribbean (IDA & IBRD countries) was 22,007 constant 2015 US$ 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 22,788 constant 2015 US$ in 2013.
- What is the lowest industry (including construction), value added per worker recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 19,435 constant 2015 US$ in 1991.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for industry (including construction), value added per worker?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 20th out of 46 groups with data for 2025.
- Is industry (including construction), value added per worker rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 1.6%. 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 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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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. 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.