Manufacturing value added (current United States dollars) as a in Latin America and the Caribbean

Latin America and the Caribbean: Manufacturing value added (current United States dollars) as a was 14.5% in 2024. ▼ Falling

Latest (2024)
14.5%
Change on year
down 5.2%
Rank
11th
of 38 groups
All-time high
17.7%
in 2003
All-time low
13.6%
in 2014
Years of data
25
2000–2024

Manufacturing value added (current United States dollars) as a in Latin America and the Caribbean, 2000–2024

051015202000201220242000: 17.22001: 17.22002: 17.32003: 17.72004: 17.72005: 16.92006: 16.62007: 16.12008: 15.82009: 15.12010: 14.82011: 14.22012: 13.92013: 13.72014: 13.62015: 14.32016: 14.32017: 142018: 142019: 14.12020: 14.42021: 14.92022: 15.52023: 15.32024: 14.5

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, manufacturing value added (current united states dollars) as a in Latin America and the Caribbean stood at 14.5%.

Compared with earlier readings it is down 5.2% on the previous year and up 6.6% over ten years.

Over the whole period, manufacturing value added (current united states dollars) as a in Latin America and the Caribbean peaked at 17.7% in 2003 and was at its lowest, 13.6%, in 2014.

That places Latin America and the Caribbean 11th out of 38 groups with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 25 years of available data.

Manufacturing value added (current United States dollars) as a in Latin America and the Caribbean, year by year

Annual values for Manufacturing value added (current United States dollars) as a proportion of GDP (%) in Latin America and the Caribbean, 2000 to 2024.
Year Value Change
2000 17.2%
2001 17.2% -0.3%
2002 17.3% +0.8%
2003 17.7% +2.1%
2004 17.7% -0.1%
2005 16.9% -4.5%
2006 16.6% -1.6%
2007 16.1% -3.1%
2008 15.8% -1.7%
2009 15.1% -4.2%
2010 14.8% -2.3%
2011 14.2% -3.9%
2012 13.9% -1.8%
2013 13.7% -2.1%
2014 13.6% -0.3%
2015 14.3% +5.3%
2016 14.3% -0.4%
2017 14.0% -2.2%
2018 14.0% +0.4%
2019 14.1% +0.8%
2020 14.4% +1.9%
2021 14.9% +3.7%
2022 15.5% +3.9%
2023 15.3% -1.4%
2024 14.5% -5.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.8% 15.1% 17.7% 10
2010s 14.1% 13.6% 14.8% 10
2020s 14.9% 14.4% 15.5% 5

Countries ranked near Latin America and the Caribbean

  1. 8 Republic of Korea 26.6% compare
  2. 8 South Korea 26.6% compare
  3. 10 Haiti 26.2% compare
  4. 11 Myanmar 25.7% compare
  5. 12 China 25.0% compare
  6. 12 Suriname 25.0% compare
  7. 14 Viet Nam 24.4% compare
  8. 14 Vietnam 24.4% compare

See the full ranking of 265 places →

More economy & growth data for Latin America and the Caribbean

All data for Latin America and the Caribbean →

Frequently asked questions

What is manufacturing value added (current united states dollars) as a in Latin America and the Caribbean?
Manufacturing value added (current united states dollars) as a in Latin America and the Caribbean was 14.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest manufacturing value added (current united states dollars) as a recorded in Latin America and the Caribbean?
The highest recorded value was 17.7% in 2003.
What is the lowest manufacturing value added (current united states dollars) as a recorded in Latin America and the Caribbean?
The lowest recorded value was 13.6% in 2014.
How does Latin America and the Caribbean rank for manufacturing value added (current united states dollars) as a?
Latin America and the Caribbean ranks 11th out of 38 groups with data for 2024.
Is manufacturing value added (current united states dollars) as a rising or falling in Latin America and the Caribbean?
Over the last ten years it is up 6.6%. The long-run trend across the full record is falling.
Where does this Latin America and the Caribbean data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Manufacturing value added (current United States dollars) as a proportion of GDP (%). Statizoid updates them automatically from the source API.

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Manufacturing value added (current United States dollars) as a in Latin America and the Caribbean. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 18 September 2026, from https://economy.statizoid.com/stat/manufacturing-value-added-current-united-states-dollars-as-a-proportion-of-gdp-percent/latin-america-and-the-caribbean/

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About this data

Indicator
Manufacturing value added (current United States dollars) as a proportion of GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
265 places, 6,541 data points, 2000–2024
Last refreshed