Industry (including construction), value added in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Industry (including construction), value added was 30.2% in 2025. ▼ Falling
Industry (including construction), value added in Latin America & Caribbean (excluding high income), 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for industry (including construction), value added in Latin America & Caribbean (excluding high income) is 30.2%, measured in 2025.
That represents a change of down 3.4% on the previous year and up 1.6% over ten years.
Over the whole period, industry (including construction), value added in Latin America & Caribbean (excluding high income) peaked at 50.9% in 1974 and was at its lowest, 28.8%, in 2016.
Latin America & Caribbean (excluding high income) ranks 19th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Industry (including construction), value added in Latin America & Caribbean (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 49.2% | — |
| 1971 | 49.5% | +0.7% |
| 1972 | 48.0% | -3.1% |
| 1973 | 47.4% | -1.3% |
| 1974 | 50.9% | +7.5% |
| 1975 | 47.2% | -7.3% |
| 1976 | 45.4% | -3.9% |
| 1977 | 45.6% | +0.6% |
| 1978 | 45.5% | -0.3% |
| 1979 | 44.6% | -1.9% |
| 1980 | 41.5% | -6.9% |
| 1981 | 41.1% | -1.1% |
| 1982 | 41.6% | +1.3% |
| 1983 | 40.6% | -2.4% |
| 1984 | 41.6% | +2.5% |
| 1985 | 40.7% | -2.3% |
| 1986 | 41.1% | +1.0% |
| 1987 | 40.6% | -1.2% |
| 1988 | 42.2% | +3.9% |
| 1989 | 42.0% | -0.4% |
| 1990 | 36.3% | -13.5% |
| 1991 | 34.6% | -4.8% |
| 1992 | 34.7% | +0.4% |
| 1993 | 38.4% | +10.5% |
| 1994 | 37.9% | -1.2% |
| 1995 | 31.7% | -16.5% |
| 1996 | 31.8% | +0.6% |
| 1997 | 32.3% | +1.5% |
| 1998 | 31.8% | -1.5% |
| 1999 | 32.6% | +2.4% |
| 2000 | 33.3% | +2.0% |
| 2001 | 32.9% | -1.2% |
| 2002 | 33.8% | +3.0% |
| 2003 | 33.5% | -1.0% |
| 2004 | 34.1% | +1.9% |
| 2005 | 33.8% | -1.1% |
| 2006 | 34.0% | +0.6% |
| 2007 | 33.0% | -3.0% |
| 2008 | 32.6% | -1.2% |
| 2009 | 29.9% | -8.2% |
| 2010 | 30.8% | +3.0% |
| 2011 | 32.0% | +3.9% |
| 2012 | 31.4% | -2.0% |
| 2013 | 30.9% | -1.5% |
| 2014 | 30.5% | -1.3% |
| 2015 | 29.7% | -2.5% |
| 2016 | 28.8% | -3.1% |
| 2017 | 29.0% | +0.7% |
| 2018 | 30.1% | +3.8% |
| 2019 | 30.2% | +0.1% |
| 2020 | 30.2% | +0.0% |
| 2021 | 32.5% | +7.7% |
| 2022 | 33.2% | +2.1% |
| 2023 | 32.7% | -1.5% |
| 2024 | 31.3% | -4.3% |
| 2025 | 30.2% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 47.3% | 44.6% | 50.9% | 10 |
| 1980s | 41.3% | 40.6% | 42.2% | 10 |
| 1990s | 34.2% | 31.7% | 38.4% | 10 |
| 2000s | 33.1% | 29.9% | 34.1% | 10 |
| 2010s | 30.3% | 28.8% | 32.0% | 10 |
| 2020s | 31.7% | 30.2% | 33.2% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 16 Iran, Islamic Republic of 39.6% compare
- 17 Azerbaijan 39.5% compare
- 18 Liechtenstein 39.1% compare
- 19 Indonesia 38.7% compare
- 20 Ireland 37.8% compare
- 21 Viet Nam 37.6% compare
- 22 Mongolia 37.2% compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (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 30.2% 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 50.9% in 1974.
- What is the lowest industry (including construction), value added recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 28.8% in 2016.
- How does Latin America & Caribbean (excluding high income) rank for industry (including construction), value added?
- Latin America & Caribbean (excluding high income) ranks 19th 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 1.6%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.