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

Latin America & the Caribbean (IDA & IBRD countries): Services, value added (constant 2015 US$), per unit of GDP was 0.598 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.598 constant 2015 US$ per US$ of GDP
Change on year
down 1.9%
Rank
5th
of 43 groups
All-time high
4 constant 2015 US$ per US$ of GDP
in 1970
All-time low
0.5426 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 & the Caribbean (IDA & IBRD countries), 1970–2025

1234197019972025

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

Analysis

Latin America & the Caribbean (IDA & IBRD countries) recorded 0.598 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 13.9% over ten years.

Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Latin America & the Caribbean (IDA & IBRD countries) peaked at 4 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.5426 constant 2015 US$ per US$ of GDP, in 2011.

That places Latin America & the Caribbean (IDA & IBRD countries) 5th out of 43 groups with data for 2025, putting it 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 & the Caribbean (IDA & IBRD countries), year by year

Annual values for Services, value added (constant 2015 US$), per unit of GDP in Latin America & the Caribbean (IDA & IBRD countries), 1970 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1970 4 constant 2015 US$ per US$ of GDP
1971 3.87 constant 2015 US$ per US$ of GDP -3.3%
1972 3.72 constant 2015 US$ per US$ of GDP -3.9%
1973 3.03 constant 2015 US$ per US$ of GDP -18.5%
1974 2.5 constant 2015 US$ per US$ of GDP -17.7%
1975 2.5 constant 2015 US$ per US$ of GDP -0.0%
1976 2.42 constant 2015 US$ per US$ of GDP -3.1%
1977 2.31 constant 2015 US$ per US$ of GDP -4.6%
1978 2.04 constant 2015 US$ per US$ of GDP -11.8%
1979 1.97 constant 2015 US$ per US$ of GDP -3.4%
1980 1.74 constant 2015 US$ per US$ of GDP -11.3%
1981 1.55 constant 2015 US$ per US$ of GDP -11.3%
1982 1.71 constant 2015 US$ per US$ of GDP +10.3%
1983 1.95 constant 2015 US$ per US$ of GDP +14.2%
1984 1.92 constant 2015 US$ per US$ of GDP -1.2%
1985 2 constant 2015 US$ per US$ of GDP +4.2%
1986 2.07 constant 2015 US$ per US$ of GDP +3.2%
1987 1.98 constant 2015 US$ per US$ of GDP -4.3%
1988 1.84 constant 2015 US$ per US$ of GDP -7.3%
1989 1.7 constant 2015 US$ per US$ of GDP -7.6%
1990 1.55 constant 2015 US$ per US$ of GDP -8.9%
1991 1.48 constant 2015 US$ per US$ of GDP -4.5%
1992 1.39 constant 2015 US$ per US$ of GDP -5.6%
1993 1.22 constant 2015 US$ per US$ of GDP -12.3%
1994 1.08 constant 2015 US$ per US$ of GDP -11.4%
1995 1 constant 2015 US$ per US$ of GDP -7.2%
1996 0.9541 constant 2015 US$ per US$ of GDP -5.1%
1997 0.9196 constant 2015 US$ per US$ of GDP -3.6%
1998 0.9411 constant 2015 US$ per US$ of GDP +2.3%
1999 1.06 constant 2015 US$ per US$ of GDP +13.1%
2000 0.9983 constant 2015 US$ per US$ of GDP -6.2%
2001 1.03 constant 2015 US$ per US$ of GDP +3.5%
2002 1.17 constant 2015 US$ per US$ of GDP +13.1%
2003 1.17 constant 2015 US$ per US$ of GDP +0.2%
2004 1.06 constant 2015 US$ per US$ of GDP -9.2%
2005 0.9114 constant 2015 US$ per US$ of GDP -14.3%
2006 0.8175 constant 2015 US$ per US$ of GDP -10.3%
2007 0.7304 constant 2015 US$ per US$ of GDP -10.7%
2008 0.6527 constant 2015 US$ per US$ of GDP -10.6%
2009 0.6957 constant 2015 US$ per US$ of GDP +6.6%
2010 0.591 constant 2015 US$ per US$ of GDP -15.1%
2011 0.5426 constant 2015 US$ per US$ of GDP -8.2%
2012 0.5561 constant 2015 US$ per US$ of GDP +2.5%
2013 0.5678 constant 2015 US$ per US$ of GDP +2.1%
2014 0.5818 constant 2015 US$ per US$ of GDP +2.5%
2015 0.695 constant 2015 US$ per US$ of GDP +19.5%
2016 0.7194 constant 2015 US$ per US$ of GDP +3.5%
2017 0.6586 constant 2015 US$ per US$ of GDP -8.4%
2018 0.6913 constant 2015 US$ per US$ of GDP +5.0%
2019 0.7146 constant 2015 US$ per US$ of GDP +3.4%
2020 0.7959 constant 2015 US$ per US$ of GDP +11.4%
2021 0.7308 constant 2015 US$ per US$ of GDP -8.2%
2022 0.6687 constant 2015 US$ per US$ of GDP -8.5%
2023 0.6093 constant 2015 US$ per US$ of GDP -8.9%
2024 0.6097 constant 2015 US$ per US$ of GDP +0.1%
2025 0.598 constant 2015 US$ per US$ of GDP -1.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.84 constant 2015 US$ per US$ of GDP 1.97 constant 2015 US$ per US$ of GDP 4 constant 2015 US$ per US$ of GDP 10
1980s 1.85 constant 2015 US$ per US$ of GDP 1.55 constant 2015 US$ per US$ of GDP 2.07 constant 2015 US$ per US$ of GDP 10
1990s 1.16 constant 2015 US$ per US$ of GDP 0.9196 constant 2015 US$ per US$ of GDP 1.55 constant 2015 US$ per US$ of GDP 10
2000s 0.9243 constant 2015 US$ per US$ of GDP 0.6527 constant 2015 US$ per US$ of GDP 1.17 constant 2015 US$ per US$ of GDP 10
2010s 0.6318 constant 2015 US$ per US$ of GDP 0.5426 constant 2015 US$ per US$ of GDP 0.7194 constant 2015 US$ per US$ of GDP 10
2020s 0.6687 constant 2015 US$ per US$ of GDP 0.598 constant 2015 US$ per US$ of GDP 0.7959 constant 2015 US$ per US$ of GDP 6

Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)

  1. 2 Turks and Caicos Islands 1.1 constant 2015 US$ per US$ of GDP compare
  2. 3 Lebanon 0.9682 constant 2015 US$ per US$ of GDP compare
  3. 4 Isle of Man 0.8898 constant 2015 US$ per US$ of GDP compare
  4. 5 Macau, China 0.8556 constant 2015 US$ per US$ of GDP compare
  5. 6 Sint Maarten (Dutch part) 0.8074 constant 2015 US$ per US$ of GDP compare
  6. 7 Japan 0.8012 constant 2015 US$ per US$ of GDP compare
  7. 8 Egypt 0.7515 constant 2015 US$ per US$ of GDP compare

See the full ranking of 238 places →

More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)

All data for Latin America & the Caribbean (IDA & IBRD countries) →

Frequently asked questions

What is services, value added (constant 2015 us$), per unit of gdp in Latin America & the Caribbean (IDA & IBRD countries)?
Services, value added (constant 2015 us$), per unit of gdp in Latin America & the Caribbean (IDA & IBRD countries) was 0.598 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The highest recorded value was 4 constant 2015 US$ per US$ of GDP in 1970.
What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The lowest recorded value was 0.5426 constant 2015 US$ per US$ of GDP in 2011.
How does Latin America & the Caribbean (IDA & IBRD countries) rank for services, value added (constant 2015 us$), per unit of gdp?
Latin America & the Caribbean (IDA & IBRD countries) ranks 5th out of 43 groups with data for 2025.
Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
Over the last ten years it is down 13.9%. The long-run trend across the full record is volatile.
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 unit of GDP. Statizoid updates them automatically from the source API.

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Services, value added (constant 2015 US$), per unit of GDP in Latin America & the Caribbean (IDA & IBRD countries). Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/stat/services-value-added-constant-2015-us-per-unit-of-gdp/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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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

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.