Services, value added (constant 2015 US$), per capita in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Services, value added (constant 2015 US$), per capita was 6,472 constant 2015 US$ per person in 2025. ▲ Rising
Services, value added (constant 2015 US$), per capita in Latin America & the Caribbean (IDA & IBRD countries), 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
The most recent figure for services, value added (constant 2015 us$), per capita in Latin America & the Caribbean (IDA & IBRD countries) is 6,472 constant 2015 US$ per person, measured in 2025. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 1.7% on the previous year and up 10.8% over ten years.
Over the whole period, services, value added (constant 2015 us$), per capita in Latin America & the Caribbean (IDA & IBRD countries) peaked at 6,472 constant 2015 US$ per person in 2025 and was at its lowest, 2,399 constant 2015 US$ per person, in 1970.
That places Latin America & the Caribbean (IDA & IBRD countries) 12th out of 43 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Services, value added (constant 2015 US$), per capita in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1970 | 2,399 constant 2015 US$ per person | — |
| 1971 | 2,516 constant 2015 US$ per person | +4.9% |
| 1972 | 2,651 constant 2015 US$ per person | +5.4% |
| 1973 | 2,830 constant 2015 US$ per person | +6.8% |
| 1974 | 2,973 constant 2015 US$ per person | +5.1% |
| 1975 | 3,035 constant 2015 US$ per person | +2.1% |
| 1976 | 3,153 constant 2015 US$ per person | +3.9% |
| 1977 | 3,235 constant 2015 US$ per person | +2.6% |
| 1978 | 3,334 constant 2015 US$ per person | +3.1% |
| 1979 | 3,530 constant 2015 US$ per person | +5.9% |
| 1980 | 3,747 constant 2015 US$ per person | +6.1% |
| 1981 | 3,726 constant 2015 US$ per person | -0.6% |
| 1982 | 3,677 constant 2015 US$ per person | -1.3% |
| 1983 | 3,591 constant 2015 US$ per person | -2.3% |
| 1984 | 3,642 constant 2015 US$ per person | +1.4% |
| 1985 | 3,670 constant 2015 US$ per person | +0.8% |
| 1986 | 3,742 constant 2015 US$ per person | +2.0% |
| 1987 | 3,768 constant 2015 US$ per person | +0.7% |
| 1988 | 3,760 constant 2015 US$ per person | -0.2% |
| 1989 | 3,781 constant 2015 US$ per person | +0.6% |
| 1990 | 3,752 constant 2015 US$ per person | -0.8% |
| 1991 | 3,823 constant 2015 US$ per person | +1.9% |
| 1992 | 3,887 constant 2015 US$ per person | +1.7% |
| 1993 | 3,983 constant 2015 US$ per person | +2.5% |
| 1994 | 4,056 constant 2015 US$ per person | +1.8% |
| 1995 | 4,002 constant 2015 US$ per person | -1.3% |
| 1996 | 4,060 constant 2015 US$ per person | +1.4% |
| 1997 | 4,224 constant 2015 US$ per person | +4.0% |
| 1998 | 4,295 constant 2015 US$ per person | +1.7% |
| 1999 | 4,289 constant 2015 US$ per person | -0.1% |
| 2000 | 4,382 constant 2015 US$ per person | +2.2% |
| 2001 | 4,365 constant 2015 US$ per person | -0.4% |
| 2002 | 4,343 constant 2015 US$ per person | -0.5% |
| 2003 | 4,367 constant 2015 US$ per person | +0.5% |
| 2004 | 4,521 constant 2015 US$ per person | +3.5% |
| 2005 | 4,652 constant 2015 US$ per person | +2.9% |
| 2006 | 4,845 constant 2015 US$ per person | +4.2% |
| 2007 | 5,060 constant 2015 US$ per person | +4.4% |
| 2008 | 5,215 constant 2015 US$ per person | +3.1% |
| 2009 | 5,139 constant 2015 US$ per person | -1.5% |
| 2010 | 5,387 constant 2015 US$ per person | +4.8% |
| 2011 | 5,577 constant 2015 US$ per person | +3.5% |
| 2012 | 5,707 constant 2015 US$ per person | +2.3% |
| 2013 | 5,809 constant 2015 US$ per person | +1.8% |
| 2014 | 5,852 constant 2015 US$ per person | +0.7% |
| 2015 | 5,841 constant 2015 US$ per person | -0.2% |
| 2016 | 5,814 constant 2015 US$ per person | -0.5% |
| 2017 | 5,874 constant 2015 US$ per person | +1.0% |
| 2018 | 5,959 constant 2015 US$ per person | +1.4% |
| 2019 | 5,977 constant 2015 US$ per person | +0.3% |
| 2020 | 5,544 constant 2015 US$ per person | -7.2% |
| 2021 | 5,902 constant 2015 US$ per person | +6.5% |
| 2022 | 6,137 constant 2015 US$ per person | +4.0% |
| 2023 | 6,251 constant 2015 US$ per person | +1.9% |
| 2024 | 6,366 constant 2015 US$ per person | +1.8% |
| 2025 | 6,472 constant 2015 US$ per person | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,966 constant 2015 US$ per person | 2,399 constant 2015 US$ per person | 3,530 constant 2015 US$ per person | 10 |
| 1980s | 3,711 constant 2015 US$ per person | 3,591 constant 2015 US$ per person | 3,781 constant 2015 US$ per person | 10 |
| 1990s | 4,037 constant 2015 US$ per person | 3,752 constant 2015 US$ per person | 4,295 constant 2015 US$ per person | 10 |
| 2000s | 4,689 constant 2015 US$ per person | 4,343 constant 2015 US$ per person | 5,215 constant 2015 US$ per person | 10 |
| 2010s | 5,780 constant 2015 US$ per person | 5,387 constant 2015 US$ per person | 5,977 constant 2015 US$ per person | 10 |
| 2020s | 6,112 constant 2015 US$ per person | 5,544 constant 2015 US$ per person | 6,472 constant 2015 US$ per person | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 9 Singapore 48,694 constant 2015 US$ per person compare
- 10 Australia 43,180 constant 2015 US$ per person compare
- 11 Hong Kong, China 41,910 constant 2015 US$ per person compare
- 12 Turks and Caicos Islands 41,085 constant 2015 US$ per person compare
- 13 Iceland 39,108 constant 2015 US$ per person compare
- 14 Denmark 38,350 constant 2015 US$ per person compare
- 15 Sweden 36,970 constant 2015 US$ per person compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Final consumption expenditure (current US$), per unit of GDP 0.8168 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), per unit of GDP 0.2611 current US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6878 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 2.42 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 8,840 current US$ per person (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) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per capita 7,444 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 4.18 % change on previous year (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is services, value added (constant 2015 us$), per capita in Latin America & the Caribbean (IDA & IBRD countries)?
- Services, value added (constant 2015 us$), per capita in Latin America & the Caribbean (IDA & IBRD countries) was 6,472 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), per capita recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 6,472 constant 2015 US$ per person in 2025.
- What is the lowest services, value added (constant 2015 us$), per capita recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 2,399 constant 2015 US$ per person in 1970.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for services, value added (constant 2015 us$), per capita?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 12th out of 43 groups with data for 2025.
- Is services, value added (constant 2015 us$), per capita rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 10.8%. 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 Statizoid (derived), published as part of Services, value added (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant 2015 US$) ÷ Population, total
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.