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
Services, value added (constant 2015 US$), per unit of GDP in Latin America & the Caribbean (IDA & IBRD countries), 1970–2025
Source: Statizoid (derived). Measured in constant 2015 US$ 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$), per unit of GDP in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2015 US$ 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
| Decade | Average | Lowest | Highest | 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)
- 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
- 8 Egypt 0.7515 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ 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)
- General government final consumption expenditure (current US$), per 0.157 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Services, value added (constant 2015 US$) 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.