Services, value added (current US$), per unit of GDP in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Services, value added (current US$), per unit of GDP was 0.6925 current US$ per US$ of GDP in 2025. ▲ Rising
Services, value added (current US$), per unit of GDP in Latin America & Caribbean (excluding high income), 1978–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for services, value added (current us$), per unit of gdp in Latin America & Caribbean (excluding high income) is 0.6925 current US$ per US$ of GDP, measured in 2025.
That represents a change of up 0.8% on the previous year and down 1.6% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in Latin America & Caribbean (excluding high income) peaked at 0.7148 current US$ per US$ of GDP in 2019 and was at its lowest, 0.5306 current US$ per US$ of GDP, in 1987.
Latin America & Caribbean (excluding high income) ranks 4th of 47 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 48 years of available data.
Services, value added (current US$), per unit of GDP in Latin America & Caribbean (excluding high income), year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1978 | 0.7029 current US$ per US$ of GDP | — |
| 1979 | 0.567 current US$ per US$ of GDP | -19.3% |
| 1980 | 0.5975 current US$ per US$ of GDP | +5.4% |
| 1981 | 0.6195 current US$ per US$ of GDP | +3.7% |
| 1982 | 0.6003 current US$ per US$ of GDP | -3.1% |
| 1983 | 0.5898 current US$ per US$ of GDP | -1.7% |
| 1984 | 0.5712 current US$ per US$ of GDP | -3.1% |
| 1985 | 0.5658 current US$ per US$ of GDP | -0.9% |
| 1986 | 0.547 current US$ per US$ of GDP | -3.3% |
| 1987 | 0.5306 current US$ per US$ of GDP | -3.0% |
| 1988 | 0.5684 current US$ per US$ of GDP | +7.1% |
| 1989 | 0.5831 current US$ per US$ of GDP | +2.6% |
| 1990 | 0.6594 current US$ per US$ of GDP | +13.1% |
| 1991 | 0.6697 current US$ per US$ of GDP | +1.6% |
| 1992 | 0.7117 current US$ per US$ of GDP | +6.3% |
| 1993 | 0.7146 current US$ per US$ of GDP | +0.4% |
| 1994 | 0.6667 current US$ per US$ of GDP | -6.7% |
| 1995 | 0.6662 current US$ per US$ of GDP | -0.1% |
| 1996 | 0.6835 current US$ per US$ of GDP | +2.6% |
| 1997 | 0.6798 current US$ per US$ of GDP | -0.5% |
| 1998 | 0.6842 current US$ per US$ of GDP | +0.6% |
| 1999 | 0.675 current US$ per US$ of GDP | -1.3% |
| 2000 | 0.6667 current US$ per US$ of GDP | -1.2% |
| 2001 | 0.6684 current US$ per US$ of GDP | +0.3% |
| 2002 | 0.6627 current US$ per US$ of GDP | -0.9% |
| 2003 | 0.6656 current US$ per US$ of GDP | +0.4% |
| 2004 | 0.6438 current US$ per US$ of GDP | -3.3% |
| 2005 | 0.6461 current US$ per US$ of GDP | +0.3% |
| 2006 | 0.6417 current US$ per US$ of GDP | -0.7% |
| 2007 | 0.6421 current US$ per US$ of GDP | +0.1% |
| 2008 | 0.63 current US$ per US$ of GDP | -1.9% |
| 2009 | 0.6453 current US$ per US$ of GDP | +2.4% |
| 2010 | 0.6348 current US$ per US$ of GDP | -1.6% |
| 2011 | 0.646 current US$ per US$ of GDP | +1.8% |
| 2012 | 0.648 current US$ per US$ of GDP | +0.3% |
| 2013 | 0.6723 current US$ per US$ of GDP | +3.7% |
| 2014 | 0.6846 current US$ per US$ of GDP | +1.8% |
| 2015 | 0.7038 current US$ per US$ of GDP | +2.8% |
| 2016 | 0.7103 current US$ per US$ of GDP | +0.9% |
| 2017 | 0.7124 current US$ per US$ of GDP | +0.3% |
| 2018 | 0.7084 current US$ per US$ of GDP | -0.6% |
| 2019 | 0.7148 current US$ per US$ of GDP | +0.9% |
| 2020 | 0.7125 current US$ per US$ of GDP | -0.3% |
| 2021 | 0.678 current US$ per US$ of GDP | -4.8% |
| 2022 | 0.6779 current US$ per US$ of GDP | -0.0% |
| 2023 | 0.684 current US$ per US$ of GDP | +0.9% |
| 2024 | 0.6866 current US$ per US$ of GDP | +0.4% |
| 2025 | 0.6925 current US$ per US$ of GDP | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6349 current US$ per US$ of GDP | 0.567 current US$ per US$ of GDP | 0.7029 current US$ per US$ of GDP | 2 |
| 1980s | 0.5773 current US$ per US$ of GDP | 0.5306 current US$ per US$ of GDP | 0.6195 current US$ per US$ of GDP | 10 |
| 1990s | 0.6811 current US$ per US$ of GDP | 0.6594 current US$ per US$ of GDP | 0.7146 current US$ per US$ of GDP | 10 |
| 2000s | 0.6513 current US$ per US$ of GDP | 0.63 current US$ per US$ of GDP | 0.6684 current US$ per US$ of GDP | 10 |
| 2010s | 0.6835 current US$ per US$ of GDP | 0.6348 current US$ per US$ of GDP | 0.7148 current US$ per US$ of GDP | 10 |
| 2020s | 0.6886 current US$ per US$ of GDP | 0.6779 current US$ per US$ of GDP | 0.7125 current US$ per US$ of GDP | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 1 Isle of Man 0.9517 current US$ per US$ of GDP compare
- 2 Macau, China 0.9203 current US$ per US$ of GDP compare
- 3 Hong Kong, China 0.9145 current US$ per US$ of GDP compare
- 4 Bermuda 0.9131 current US$ per US$ of GDP compare
- 5 Sint Maarten (Dutch part) 0.8934 current US$ per US$ of GDP compare
- 6 Monaco 0.872 current US$ per US$ of GDP compare
- 7 Cayman Islands 0.8654 current US$ per US$ of GDP compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is services, value added (current us$), per unit of gdp in Latin America & Caribbean (excluding high income)?
- Services, value added (current us$), per unit of gdp in Latin America & Caribbean (excluding high income) was 0.6925 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 0.7148 current US$ per US$ of GDP in 2019.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 0.5306 current US$ per US$ of GDP in 1987.
- How does Latin America & Caribbean (excluding high income) rank for services, value added (current us$), per unit of gdp?
- Latin America & Caribbean (excluding high income) ranks 4th out of 47 groups with data for 2025.
- Is services, value added (current us$), per unit of gdp rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is rising.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.