Services, value added (constant 2015 US$), per unit of GDP in Latin America & Caribbean

Latin America & Caribbean: Services, value added (constant 2015 US$), per unit of GDP was 0.5908 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.5908 constant 2015 US$ per US$ of GDP
Change on year
down 1.9%
Rank
6th
of 43 groups
All-time high
3.86 constant 2015 US$ per US$ of GDP
in 1970
All-time low
0.5455 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, 1970–2025

1234197019972025

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

Latin America & Caribbean recorded 0.5908 constant 2015 US$ per US$ of GDP for services, value added (constant 2015 us$), per unit of gdp in 2025.

Compared with earlier readings it is down 1.9% on the previous year and down 14.6% over ten years.

Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Latin America & Caribbean peaked at 3.86 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.5455 constant 2015 US$ per US$ of GDP, in 2011.

Latin America & Caribbean ranks 6th of 43 groups on this measure, in the top quarter.

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, year by year

Annual values for Services, value added (constant 2015 US$), per unit of GDP in Latin America & Caribbean, 1970 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1970 3.86 constant 2015 US$ per US$ of GDP
1971 3.73 constant 2015 US$ per US$ of GDP -3.6%
1972 3.58 constant 2015 US$ per US$ of GDP -4.0%
1973 2.94 constant 2015 US$ per US$ of GDP -17.8%
1974 2.44 constant 2015 US$ per US$ of GDP -16.9%
1975 2.43 constant 2015 US$ per US$ of GDP -0.3%
1976 2.36 constant 2015 US$ per US$ of GDP -3.0%
1977 2.26 constant 2015 US$ per US$ of GDP -4.4%
1978 1.99 constant 2015 US$ per US$ of GDP -11.9%
1979 1.92 constant 2015 US$ per US$ of GDP -3.4%
1980 1.72 constant 2015 US$ per US$ of GDP -10.7%
1981 1.53 constant 2015 US$ per US$ of GDP -11.0%
1982 1.68 constant 2015 US$ per US$ of GDP +9.6%
1983 1.89 constant 2015 US$ per US$ of GDP +13.1%
1984 1.87 constant 2015 US$ per US$ of GDP -1.5%
1985 1.94 constant 2015 US$ per US$ of GDP +4.1%
1986 2 constant 2015 US$ per US$ of GDP +2.8%
1987 1.91 constant 2015 US$ per US$ of GDP -4.3%
1988 1.77 constant 2015 US$ per US$ of GDP -7.2%
1989 1.65 constant 2015 US$ per US$ of GDP -7.1%
1990 1.5 constant 2015 US$ per US$ of GDP -8.7%
1991 1.45 constant 2015 US$ per US$ of GDP -3.9%
1992 1.37 constant 2015 US$ per US$ of GDP -5.2%
1993 1.21 constant 2015 US$ per US$ of GDP -11.8%
1994 1.07 constant 2015 US$ per US$ of GDP -11.3%
1995 0.9942 constant 2015 US$ per US$ of GDP -7.2%
1996 0.9481 constant 2015 US$ per US$ of GDP -4.6%
1997 0.9129 constant 2015 US$ per US$ of GDP -3.7%
1998 0.932 constant 2015 US$ per US$ of GDP +2.1%
1999 1.05 constant 2015 US$ per US$ of GDP +12.3%
2000 0.9835 constant 2015 US$ per US$ of GDP -6.1%
2001 1.01 constant 2015 US$ per US$ of GDP +3.1%
2002 1.14 constant 2015 US$ per US$ of GDP +12.2%
2003 1.14 constant 2015 US$ per US$ of GDP +0.0%
2004 1.04 constant 2015 US$ per US$ of GDP -8.8%
2005 0.8972 constant 2015 US$ per US$ of GDP -13.6%
2006 0.8093 constant 2015 US$ per US$ of GDP -9.8%
2007 0.727 constant 2015 US$ per US$ of GDP -10.2%
2008 0.6526 constant 2015 US$ per US$ of GDP -10.2%
2009 0.6935 constant 2015 US$ per US$ of GDP +6.3%
2010 0.5931 constant 2015 US$ per US$ of GDP -14.5%
2011 0.5455 constant 2015 US$ per US$ of GDP -8.0%
2012 0.5585 constant 2015 US$ per US$ of GDP +2.4%
2013 0.5698 constant 2015 US$ per US$ of GDP +2.0%
2014 0.5834 constant 2015 US$ per US$ of GDP +2.4%
2015 0.6918 constant 2015 US$ per US$ of GDP +18.6%
2016 0.7146 constant 2015 US$ per US$ of GDP +3.3%
2017 0.6567 constant 2015 US$ per US$ of GDP -8.1%
2018 0.6883 constant 2015 US$ per US$ of GDP +4.8%
2019 0.7098 constant 2015 US$ per US$ of GDP +3.1%
2020 0.7831 constant 2015 US$ per US$ of GDP +10.3%
2021 0.7208 constant 2015 US$ per US$ of GDP -8.0%
2022 0.6607 constant 2015 US$ per US$ of GDP -8.3%
2023 0.6026 constant 2015 US$ per US$ of GDP -8.8%
2024 0.6021 constant 2015 US$ per US$ of GDP -0.1%
2025 0.5908 constant 2015 US$ per US$ of GDP -1.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.75 constant 2015 US$ per US$ of GDP 1.92 constant 2015 US$ per US$ of GDP 3.86 constant 2015 US$ per US$ of GDP 10
1980s 1.8 constant 2015 US$ per US$ of GDP 1.53 constant 2015 US$ per US$ of GDP 2 constant 2015 US$ per US$ of GDP 10
1990s 1.14 constant 2015 US$ per US$ of GDP 0.9129 constant 2015 US$ per US$ of GDP 1.5 constant 2015 US$ per US$ of GDP 10
2000s 0.909 constant 2015 US$ per US$ of GDP 0.6526 constant 2015 US$ per US$ of GDP 1.14 constant 2015 US$ per US$ of GDP 10
2010s 0.6311 constant 2015 US$ per US$ of GDP 0.5455 constant 2015 US$ per US$ of GDP 0.7146 constant 2015 US$ per US$ of GDP 10
2020s 0.66 constant 2015 US$ per US$ of GDP 0.5908 constant 2015 US$ per US$ of GDP 0.7831 constant 2015 US$ per US$ of GDP 6

Countries ranked near Latin America & Caribbean

  1. 3 Lebanon 0.9682 constant 2015 US$ per US$ of GDP compare
  2. 4 Isle of Man 0.8898 constant 2015 US$ per US$ of GDP compare
  3. 5 Macau, China 0.8556 constant 2015 US$ per US$ of GDP compare
  4. 6 Sint Maarten (Dutch part) 0.8074 constant 2015 US$ per US$ of GDP compare
  5. 7 Japan 0.8012 constant 2015 US$ per US$ of GDP compare
  6. 8 Egypt 0.7515 constant 2015 US$ per US$ of GDP compare
  7. 9 Bermuda 0.7454 constant 2015 US$ per US$ of GDP compare

See the full ranking of 238 places →

More economy & growth data for Latin America & Caribbean

All data for Latin America & Caribbean →

Frequently asked questions

What is services, value added (constant 2015 us$), per unit of gdp in Latin America & Caribbean?
Services, value added (constant 2015 us$), per unit of gdp in Latin America & Caribbean was 0.5908 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Latin America & Caribbean?
The highest recorded value was 3.86 constant 2015 US$ per US$ of GDP in 1970.
What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Latin America & Caribbean?
The lowest recorded value was 0.5455 constant 2015 US$ per US$ of GDP in 2011.
How does Latin America & Caribbean rank for services, value added (constant 2015 us$), per unit of gdp?
Latin America & Caribbean ranks 6th out of 43 groups with data for 2025.
Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Latin America & Caribbean?
Over the last ten years it is down 14.6%. The long-run trend across the full record is volatile.
Where does this Latin America & Caribbean 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.

Share, cite or embed this page

Cite this page

Services, value added (constant 2015 US$), per unit of GDP in Latin America & Caribbean. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/services-value-added-constant-2015-us-per-unit-of-gdp/latin-america-and-caribbean/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/stat/services-value-added-constant-2015-us-per-unit-of-gdp/latin-america-and-caribbean/">Services, value added (constant 2015 US$), per unit of GDP in Latin America & Caribbean</a> — Statizoid

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

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

Indicator
Services, value added (constant 2015 US$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
238 places, 9,768 data points, 1960–2025
Last refreshed

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.