Services, value added (current US$), per unit of GDP in Latin America & Caribbean
Latin America & Caribbean: Services, value added (current US$), per unit of GDP was 0.682 current US$ per US$ of GDP in 2025. ▲ Rising
Services, value added (current US$), per unit of GDP in Latin America & Caribbean, 1978–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for services, value added (current us$), per unit of gdp in Latin America & Caribbean is 0.682 current US$ per US$ of GDP, measured in 2025.
Compared with earlier readings it is up 0.8% on the previous year and down 1.4% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in Latin America & Caribbean peaked at 0.7031 current US$ per US$ of GDP in 2019 and was at its lowest, 0.5334 current US$ per US$ of GDP, in 1987.
Latin America & Caribbean ranks 7th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 48 years of available data.
Services, value added (current US$), per unit of GDP in Latin America & Caribbean, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1978 | 0.6888 current US$ per US$ of GDP | — |
| 1979 | 0.5629 current US$ per US$ of GDP | -18.3% |
| 1980 | 0.5893 current US$ per US$ of GDP | +4.7% |
| 1981 | 0.6105 current US$ per US$ of GDP | +3.6% |
| 1982 | 0.5948 current US$ per US$ of GDP | -2.6% |
| 1983 | 0.5869 current US$ per US$ of GDP | -1.3% |
| 1984 | 0.5684 current US$ per US$ of GDP | -3.1% |
| 1985 | 0.5644 current US$ per US$ of GDP | -0.7% |
| 1986 | 0.5483 current US$ per US$ of GDP | -2.9% |
| 1987 | 0.5334 current US$ per US$ of GDP | -2.7% |
| 1988 | 0.566 current US$ per US$ of GDP | +6.1% |
| 1989 | 0.5794 current US$ per US$ of GDP | +2.4% |
| 1990 | 0.6479 current US$ per US$ of GDP | +11.8% |
| 1991 | 0.6565 current US$ per US$ of GDP | +1.3% |
| 1992 | 0.6939 current US$ per US$ of GDP | +5.7% |
| 1993 | 0.6967 current US$ per US$ of GDP | +0.4% |
| 1994 | 0.6547 current US$ per US$ of GDP | -6.0% |
| 1995 | 0.6534 current US$ per US$ of GDP | -0.2% |
| 1996 | 0.671 current US$ per US$ of GDP | +2.7% |
| 1997 | 0.6684 current US$ per US$ of GDP | -0.4% |
| 1998 | 0.6728 current US$ per US$ of GDP | +0.7% |
| 1999 | 0.6658 current US$ per US$ of GDP | -1.0% |
| 2000 | 0.657 current US$ per US$ of GDP | -1.3% |
| 2001 | 0.6583 current US$ per US$ of GDP | +0.2% |
| 2002 | 0.6532 current US$ per US$ of GDP | -0.8% |
| 2003 | 0.6546 current US$ per US$ of GDP | +0.2% |
| 2004 | 0.6339 current US$ per US$ of GDP | -3.2% |
| 2005 | 0.6356 current US$ per US$ of GDP | +0.3% |
| 2006 | 0.6295 current US$ per US$ of GDP | -1.0% |
| 2007 | 0.631 current US$ per US$ of GDP | +0.2% |
| 2008 | 0.622 current US$ per US$ of GDP | -1.4% |
| 2009 | 0.637 current US$ per US$ of GDP | +2.4% |
| 2010 | 0.6264 current US$ per US$ of GDP | -1.7% |
| 2011 | 0.6368 current US$ per US$ of GDP | +1.6% |
| 2012 | 0.6401 current US$ per US$ of GDP | +0.5% |
| 2013 | 0.6629 current US$ per US$ of GDP | +3.6% |
| 2014 | 0.6739 current US$ per US$ of GDP | +1.7% |
| 2015 | 0.6918 current US$ per US$ of GDP | +2.7% |
| 2016 | 0.6986 current US$ per US$ of GDP | +1.0% |
| 2017 | 0.7004 current US$ per US$ of GDP | +0.3% |
| 2018 | 0.697 current US$ per US$ of GDP | -0.5% |
| 2019 | 0.7031 current US$ per US$ of GDP | +0.9% |
| 2020 | 0.7001 current US$ per US$ of GDP | -0.4% |
| 2021 | 0.6682 current US$ per US$ of GDP | -4.6% |
| 2022 | 0.6683 current US$ per US$ of GDP | +0.0% |
| 2023 | 0.6758 current US$ per US$ of GDP | +1.1% |
| 2024 | 0.6769 current US$ per US$ of GDP | +0.2% |
| 2025 | 0.682 current US$ per US$ of GDP | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6259 current US$ per US$ of GDP | 0.5629 current US$ per US$ of GDP | 0.6888 current US$ per US$ of GDP | 2 |
| 1980s | 0.5742 current US$ per US$ of GDP | 0.5334 current US$ per US$ of GDP | 0.6105 current US$ per US$ of GDP | 10 |
| 1990s | 0.6681 current US$ per US$ of GDP | 0.6479 current US$ per US$ of GDP | 0.6967 current US$ per US$ of GDP | 10 |
| 2000s | 0.6412 current US$ per US$ of GDP | 0.622 current US$ per US$ of GDP | 0.6583 current US$ per US$ of GDP | 10 |
| 2010s | 0.6731 current US$ per US$ of GDP | 0.6264 current US$ per US$ of GDP | 0.7031 current US$ per US$ of GDP | 10 |
| 2020s | 0.6786 current US$ per US$ of GDP | 0.6682 current US$ per US$ of GDP | 0.7001 current US$ per US$ of GDP | 6 |
Countries ranked near Latin America & Caribbean
- 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
- 8 Luxembourg 0.8145 current US$ per US$ of GDP compare
- 9 Sao Tome and Principe 0.8139 current US$ per US$ of GDP compare
- 10 Malta 0.8133 current US$ per US$ of GDP compare
More economy & growth data for Latin America & Caribbean
- GDP (current US$), annual growth rate 4.33 % change on previous year (2025)
- Imports of goods and services 6.0% (2025)
- Imports of goods and services 26.4% (2025)
- External balance on goods and services -0.3% (2025)
- Trade 49.1% (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 8,438 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added 363.36 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Industry (including construction), value added 1.2% (2025)
- Industry (including construction), value added 1.67 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is services, value added (current us$), per unit of gdp in Latin America & Caribbean?
- Services, value added (current us$), per unit of gdp in Latin America & Caribbean was 0.682 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Latin America & Caribbean?
- The highest recorded value was 0.7031 current US$ per US$ of GDP in 2019.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Latin America & Caribbean?
- The lowest recorded value was 0.5334 current US$ per US$ of GDP in 1987.
- How does Latin America & Caribbean rank for services, value added (current us$), per unit of gdp?
- Latin America & Caribbean ranks 7th out of 47 groups with data for 2025.
- Is services, value added (current us$), per unit of gdp rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 1.4%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean 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.