Services, value added (current US$), annual growth rate in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Services, value added (current US$), annual growth rate was 4.99 % change on previous year in 2025. ◆ Volatile
Services, value added (current US$), annual growth rate in Latin America & Caribbean (excluding high income), 1979–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latin America & Caribbean (excluding high income) recorded 4.99 % change on previous year for services, value added (current us$), annual growth rate in 2025.
That represents a change of up 73.1% on the previous year and up 135.7% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Latin America & Caribbean (excluding high income) peaked at 27.5 % change on previous year in 1980 and was at its lowest, -16.6 % change on previous year, in 2020.
Latin America & Caribbean (excluding high income) ranks 40th of 47 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Latin America & Caribbean (excluding high income), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1979 | -10.52 % change on previous year | — |
| 1980 | 27.5 % change on previous year | -361.4% |
| 1981 | 18.88 % change on previous year | -31.4% |
| 1982 | -9.86 % change on previous year | -152.2% |
| 1983 | -14.04 % change on previous year | +42.4% |
| 1984 | 2.07 % change on previous year | -114.7% |
| 1985 | -2.11 % change on previous year | -202.3% |
| 1986 | -2.38 % change on previous year | +12.6% |
| 1987 | 3.76 % change on previous year | -258.3% |
| 1988 | 17.68 % change on previous year | +369.8% |
| 1989 | 13.48 % change on previous year | -23.8% |
| 1990 | 25.38 % change on previous year | +88.3% |
| 1991 | 9.35 % change on previous year | -63.2% |
| 1992 | 15.59 % change on previous year | +66.8% |
| 1993 | 19.96 % change on previous year | +28.0% |
| 1994 | 9.47 % change on previous year | -52.6% |
| 1995 | 7.41 % change on previous year | -21.7% |
| 1996 | 11.23 % change on previous year | +51.5% |
| 1997 | 9 % change on previous year | -19.8% |
| 1998 | 1.67 % change on previous year | -81.5% |
| 1999 | -11.7 % change on previous year | -801.5% |
| 2000 | 9.71 % change on previous year | -183.0% |
| 2001 | -1.9 % change on previous year | -119.6% |
| 2002 | -11.69 % change on previous year | +513.8% |
| 2003 | 1.91 % change on previous year | -116.4% |
| 2004 | 11.14 % change on previous year | +481.9% |
| 2005 | 21.87 % change on previous year | +96.3% |
| 2006 | 16.38 % change on previous year | -25.1% |
| 2007 | 18.59 % change on previous year | +13.5% |
| 2008 | 14.75 % change on previous year | -20.7% |
| 2009 | -4.24 % change on previous year | -128.8% |
| 2010 | 22.58 % change on previous year | -632.4% |
| 2011 | 15.9 % change on previous year | -29.6% |
| 2012 | 0.8169 % change on previous year | -94.9% |
| 2013 | 4.15 % change on previous year | +408.1% |
| 2014 | 1.39 % change on previous year | -66.5% |
| 2015 | -13.95 % change on previous year | -1103.4% |
| 2016 | -2.34 % change on previous year | -83.2% |
| 2017 | 11.86 % change on previous year | -606.8% |
| 2018 | -3.65 % change on previous year | -130.7% |
| 2019 | -1.09 % change on previous year | -70.1% |
| 2020 | -16.6 % change on previous year | +1421.4% |
| 2021 | 10.73 % change on previous year | -164.6% |
| 2022 | 15.56 % change on previous year | +45.0% |
| 2023 | 13.72 % change on previous year | -11.8% |
| 2024 | 2.88 % change on previous year | -79.0% |
| 2025 | 4.99 % change on previous year | +73.1% |
Biggest year-on-year movements
Years where Services, value added (current US$), annual growth rate in Latin America & Caribbean (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -1421.4% | -1.09 % change on previous year | -16.6 % change on previous year |
| 2015 | -1103.4% | 1.39 % change on previous year | -13.95 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -10.52 % change on previous year | -10.52 % change on previous year | -10.52 % change on previous year | 1 |
| 1980s | 5.5 % change on previous year | -14.04 % change on previous year | 27.5 % change on previous year | 10 |
| 1990s | 9.74 % change on previous year | -11.7 % change on previous year | 25.38 % change on previous year | 10 |
| 2000s | 7.65 % change on previous year | -11.69 % change on previous year | 21.87 % change on previous year | 10 |
| 2010s | 3.57 % change on previous year | -13.95 % change on previous year | 22.58 % change on previous year | 10 |
| 2020s | 5.21 % change on previous year | -16.6 % change on previous year | 15.56 % change on previous year | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 37 Zambia 13.82 % change on previous year compare
- 38 Palau 13.55 % change on previous year compare
- 39 Ukraine 13.37 % change on previous year compare
- 40 Croatia 13.16 % change on previous year compare
- 41 Cote d'Ivoire 13.01 % change on previous year compare
- 42 Guyana 12.82 % change on previous year compare
- 43 Burkina Faso 12.77 % change on previous year compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Foreign direct investment, net outflows (BoP, current US$), gaps 51.74 billion BoP, current US$ (2025)
- Gross domestic savings (current US$), per capita 1,765 current US$ per person (2025)
- GDP (constant 2015 US$), per capita 8,434 constant 2015 US$ per person (2025)
- Gross domestic savings (current US$), annual growth rate 4.31 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.1837 constant 2015 US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per unit of GDP 0.1696 current US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.17 % change on previous year (2025)
- GNI, Atlas method (current US$), per capita 10,054 current US$ per person (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.966 current US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8104 constant 2015 US$ per US$ of GDP (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is services, value added (current us$), annual growth rate in Latin America & Caribbean (excluding high income)?
- Services, value added (current us$), annual growth rate in Latin America & Caribbean (excluding high income) was 4.99 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 27.5 % change on previous year in 1980.
- What is the lowest services, value added (current us$), annual growth rate recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was -16.6 % change on previous year in 2020.
- How does Latin America & Caribbean (excluding high income) rank for services, value added (current us$), annual growth rate?
- Latin America & Caribbean (excluding high income) ranks 40th out of 47 groups with data for 2025.
- Is services, value added (current us$), annual growth rate rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 135.7%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Services, value added (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.