Manufacturing, value added in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Manufacturing, value added was 16.9% in 2025. ▼ Falling
Manufacturing, value added in Latin America & the Caribbean (IDA & IBRD countries), 1965–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 16.9% for manufacturing, value added in 2025.
Compared with earlier readings it is down 3.4% on the previous year and up 1.5% over ten years.
Over the whole period, manufacturing, value added in Latin America & the Caribbean (IDA & IBRD countries) peaked at 55.3% in 1965 and was at its lowest, 15.6%, in 2013.
That places Latin America & the Caribbean (IDA & IBRD countries) 14th out of 47 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 61 years of available data.
Manufacturing, value added in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1965 | 55.3% | — |
| 1966 | 52.4% | -5.3% |
| 1967 | 47.4% | -9.5% |
| 1968 | 47.1% | -0.6% |
| 1969 | 48.5% | +2.9% |
| 1970 | 46.0% | -5.1% |
| 1971 | 47.2% | +2.6% |
| 1972 | 45.9% | -2.9% |
| 1973 | 45.4% | -0.9% |
| 1974 | 46.3% | +2.0% |
| 1975 | 41.3% | -10.9% |
| 1976 | 39.8% | -3.6% |
| 1977 | 39.4% | -0.9% |
| 1978 | 39.8% | +0.8% |
| 1979 | 37.6% | -5.5% |
| 1980 | 24.8% | -33.9% |
| 1981 | 28.9% | +16.2% |
| 1982 | 29.7% | +3.0% |
| 1983 | 28.9% | -2.9% |
| 1984 | 29.4% | +1.8% |
| 1985 | 29.3% | -0.4% |
| 1986 | 29.7% | +1.3% |
| 1987 | 28.8% | -2.8% |
| 1988 | 30.2% | +4.7% |
| 1989 | 29.8% | -1.3% |
| 1990 | 25.5% | -14.5% |
| 1991 | 24.5% | -3.8% |
| 1992 | 24.2% | -1.4% |
| 1993 | 25.1% | +3.7% |
| 1994 | 24.3% | -3.3% |
| 1995 | 20.1% | -17.2% |
| 1996 | 19.6% | -2.6% |
| 1997 | 19.7% | +0.7% |
| 1998 | 19.2% | -2.3% |
| 1999 | 19.5% | +1.5% |
| 2000 | 19.8% | +1.2% |
| 2001 | 19.6% | -1.0% |
| 2002 | 19.5% | -0.2% |
| 2003 | 20.2% | +3.3% |
| 2004 | 19.8% | -1.6% |
| 2005 | 19.1% | -3.8% |
| 2006 | 18.9% | -1.1% |
| 2007 | 18.3% | -3.2% |
| 2008 | 17.7% | -3.0% |
| 2009 | 16.6% | -6.4% |
| 2010 | 16.4% | -1.1% |
| 2011 | 16.1% | -1.8% |
| 2012 | 15.7% | -2.9% |
| 2013 | 15.6% | -0.5% |
| 2014 | 15.6% | +0.3% |
| 2015 | 16.7% | +6.4% |
| 2016 | 16.5% | -1.2% |
| 2017 | 16.2% | -1.6% |
| 2018 | 16.5% | +1.7% |
| 2019 | 16.3% | -1.0% |
| 2020 | 16.8% | +3.2% |
| 2021 | 17.7% | +5.2% |
| 2022 | 18.6% | +4.7% |
| 2023 | 18.4% | -0.7% |
| 2024 | 17.5% | -5.1% |
| 2025 | 16.9% | -3.4% |
Biggest year-on-year movements
Years where Manufacturing, value added in Latin America & the Caribbean (IDA & IBRD countries) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | -33.9% | 37.6% | 24.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 50.1% | 47.1% | 55.3% | 5 |
| 1970s | 42.9% | 37.6% | 47.2% | 10 |
| 1980s | 28.9% | 24.8% | 30.2% | 10 |
| 1990s | 22.2% | 19.2% | 25.5% | 10 |
| 2000s | 18.9% | 16.6% | 20.2% | 10 |
| 2010s | 16.2% | 15.6% | 16.7% | 10 |
| 2020s | 17.7% | 16.8% | 18.6% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 11 Thailand 23.7% compare
- 12 Bangladesh 22.4% compare
- 13 Equatorial Guinea 22.3% compare
- 14 Malaysia 22.1% compare
- 15 Uzbekistan 20.8% compare
- 16 Iran, Islamic Republic of 20.6% compare
- 17 Belarus 20.5% compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is manufacturing, value added in Latin America & the Caribbean (IDA & IBRD countries)?
- Manufacturing, value added in Latin America & the Caribbean (IDA & IBRD countries) was 16.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 55.3% in 1965.
- What is the lowest manufacturing, value added recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 15.6% in 2013.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for manufacturing, value added?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 14th out of 47 groups with data for 2025.
- Is manufacturing, value added rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is falling.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.