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
Services, value added (constant 2015 US$), per unit of GDP in Latin America & Caribbean, 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ 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$), per unit of GDP in Latin America & Caribbean, year by year
| Year | constant 2015 US$ 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
| Decade | Average | Lowest | Highest | 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
- 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
- 8 Egypt 0.7515 constant 2015 US$ per US$ of GDP compare
- 9 Bermuda 0.7454 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Latin America & Caribbean
- Exports of goods and services (current US$), annual growth rate 5.87 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 9,282 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.8365 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 2.56 % change on previous year (2025)
- Gross national expenditure (current US$), per capita 11,192 current US$ per person (2025)
- Gross national expenditure (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 4.04 % change on previous year (2025)
- Final consumption expenditure (constant 2015 US$), per capita 7,578 constant 2015 US$ per person (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9584 current US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 9,017 constant 2015 US$ per person (2025)
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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (constant 2015 US$) 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.