Services, value added (constant 2015 US$), per unit of GDP in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Services, value added (constant 2015 US$), per unit of GDP was 0.5995 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
0.5995 constant 2015 US$ per US$ of GDP
Change on year
down 1.8%
Rank
4th
of 43 groups
All-time high
4.08 constant 2015 US$ per US$ of GDP
in 1970
All-time low
0.5451 constant 2015 US$ per US$ of GDP
in 2011
Years of data
56
1970–2025
Services, value added (constant 2015 US$), per unit of GDP in Latin America & Caribbean (excluding high income), 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2025, services, value added (constant 2015 us$), per unit of gdp in Latin America & Caribbean (excluding high income) stood at 0.5995 constant 2015 US$ per US$ of GDP.
The figure is down 1.8% on the previous year and down 14.8% over ten years.
Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Latin America & Caribbean (excluding high income) peaked at 4.08 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.5451 constant 2015 US$ per US$ of GDP, in 2011.
Latin America & Caribbean (excluding high income) ranks 4th of 43 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), per unit of GDP in Latin America & Caribbean (excluding high income), year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 4.08 constant 2015 US$ per US$ of GDP | — |
| 1971 | 3.95 constant 2015 US$ per US$ of GDP | -3.1% |
| 1972 | 3.78 constant 2015 US$ per US$ of GDP | -4.4% |
| 1973 | 3.12 constant 2015 US$ per US$ of GDP | -17.4% |
| 1974 | 2.54 constant 2015 US$ per US$ of GDP | -18.7% |
| 1975 | 2.47 constant 2015 US$ per US$ of GDP | -2.5% |
| 1976 | 2.41 constant 2015 US$ per US$ of GDP | -2.5% |
| 1977 | 2.32 constant 2015 US$ per US$ of GDP | -3.8% |
| 1978 | 2.04 constant 2015 US$ per US$ of GDP | -12.3% |
| 1979 | 1.99 constant 2015 US$ per US$ of GDP | -2.3% |
| 1980 | 1.79 constant 2015 US$ per US$ of GDP | -10.2% |
| 1981 | 1.58 constant 2015 US$ per US$ of GDP | -11.4% |
| 1982 | 1.72 constant 2015 US$ per US$ of GDP | +8.8% |
| 1983 | 1.97 constant 2015 US$ per US$ of GDP | +14.4% |
| 1984 | 1.94 constant 2015 US$ per US$ of GDP | -1.6% |
| 1985 | 2.02 constant 2015 US$ per US$ of GDP | +4.1% |
| 1986 | 2.08 constant 2015 US$ per US$ of GDP | +3.0% |
| 1987 | 1.99 constant 2015 US$ per US$ of GDP | -4.0% |
| 1988 | 1.85 constant 2015 US$ per US$ of GDP | -7.3% |
| 1989 | 1.71 constant 2015 US$ per US$ of GDP | -7.5% |
| 1990 | 1.56 constant 2015 US$ per US$ of GDP | -8.9% |
| 1991 | 1.5 constant 2015 US$ per US$ of GDP | -3.6% |
| 1992 | 1.42 constant 2015 US$ per US$ of GDP | -5.1% |
| 1993 | 1.24 constant 2015 US$ per US$ of GDP | -12.8% |
| 1994 | 1.1 constant 2015 US$ per US$ of GDP | -11.8% |
| 1995 | 1.02 constant 2015 US$ per US$ of GDP | -6.9% |
| 1996 | 0.9744 constant 2015 US$ per US$ of GDP | -4.5% |
| 1997 | 0.9314 constant 2015 US$ per US$ of GDP | -4.4% |
| 1998 | 0.9512 constant 2015 US$ per US$ of GDP | +2.1% |
| 1999 | 1.08 constant 2015 US$ per US$ of GDP | +13.4% |
| 2000 | 1.01 constant 2015 US$ per US$ of GDP | -6.7% |
| 2001 | 1.04 constant 2015 US$ per US$ of GDP | +3.2% |
| 2002 | 1.18 constant 2015 US$ per US$ of GDP | +13.2% |
| 2003 | 1.18 constant 2015 US$ per US$ of GDP | +0.3% |
| 2004 | 1.07 constant 2015 US$ per US$ of GDP | -8.9% |
| 2005 | 0.9216 constant 2015 US$ per US$ of GDP | -14.2% |
| 2006 | 0.8284 constant 2015 US$ per US$ of GDP | -10.1% |
| 2007 | 0.7374 constant 2015 US$ per US$ of GDP | -11.0% |
| 2008 | 0.6559 constant 2015 US$ per US$ of GDP | -11.1% |
| 2009 | 0.6996 constant 2015 US$ per US$ of GDP | +6.7% |
| 2010 | 0.5946 constant 2015 US$ per US$ of GDP | -15.0% |
| 2011 | 0.5451 constant 2015 US$ per US$ of GDP | -8.3% |
| 2012 | 0.5595 constant 2015 US$ per US$ of GDP | +2.6% |
| 2013 | 0.5727 constant 2015 US$ per US$ of GDP | +2.4% |
| 2014 | 0.5848 constant 2015 US$ per US$ of GDP | +2.1% |
| 2015 | 0.7038 constant 2015 US$ per US$ of GDP | +20.3% |
| 2016 | 0.7299 constant 2015 US$ per US$ of GDP | +3.7% |
| 2017 | 0.6671 constant 2015 US$ per US$ of GDP | -8.6% |
| 2018 | 0.7044 constant 2015 US$ per US$ of GDP | +5.6% |
| 2019 | 0.7258 constant 2015 US$ per US$ of GDP | +3.0% |
| 2020 | 0.8108 constant 2015 US$ per US$ of GDP | +11.7% |
| 2021 | 0.7428 constant 2015 US$ per US$ of GDP | -8.4% |
| 2022 | 0.6712 constant 2015 US$ per US$ of GDP | -9.7% |
| 2023 | 0.6105 constant 2015 US$ per US$ of GDP | -9.0% |
| 2024 | 0.6103 constant 2015 US$ per US$ of GDP | -0.0% |
| 2025 | 0.5995 constant 2015 US$ per US$ of GDP | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.87 constant 2015 US$ per US$ of GDP | 1.99 constant 2015 US$ per US$ of GDP | 4.08 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 1.86 constant 2015 US$ per US$ of GDP | 1.58 constant 2015 US$ per US$ of GDP | 2.08 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.18 constant 2015 US$ per US$ of GDP | 0.9314 constant 2015 US$ per US$ of GDP | 1.56 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.9317 constant 2015 US$ per US$ of GDP | 0.6559 constant 2015 US$ per US$ of GDP | 1.18 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.6388 constant 2015 US$ per US$ of GDP | 0.5451 constant 2015 US$ per US$ of GDP | 0.7299 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.6742 constant 2015 US$ per US$ of GDP | 0.5995 constant 2015 US$ per US$ of GDP | 0.8108 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 1 Nigeria 1.15 constant 2015 US$ per US$ of GDP compare
- 2 Turks and Caicos Islands 1.1 constant 2015 US$ per US$ of GDP compare
- 3 Lebanon 0.9682 constant 2015 US$ per US$ of GDP compare
- 4 Isle of Man 0.8898 constant 2015 US$ per US$ of GDP compare
- 5 Macau, China 0.8556 constant 2015 US$ per US$ of GDP compare
- 6 Sint Maarten (Dutch part) 0.8074 constant 2015 US$ per US$ of GDP compare
- 7 Japan 0.8012 constant 2015 US$ per US$ of GDP 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 services, value added (constant 2015 us$), per unit of gdp in Latin America & Caribbean (excluding high income)?
- Services, value added (constant 2015 us$), per unit of gdp in Latin America & Caribbean (excluding high income) was 0.5995 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 4.08 constant 2015 US$ per US$ of GDP in 1970.
- What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 0.5451 constant 2015 US$ per US$ of GDP in 2011.
- How does Latin America & Caribbean (excluding high income) rank for services, value added (constant 2015 us$), per unit of gdp?
- Latin America & Caribbean (excluding high income) ranks 4th out of 43 groups with data for 2025.
- Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 14.8%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.