Services, value added per worker in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Services, value added per worker was 17,788 constant 2015 US$ in 2025. ▲ Rising
Services, value added per worker in Latin America & Caribbean (excluding high income), 1991–2025
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
Latin America & Caribbean (excluding high income) recorded 17,788 constant 2015 US$ for services, value added per worker in 2025.
The figure is up 1.6% on the previous year and up 0.3% over ten years.
Over the whole period, services, value added per worker in Latin America & Caribbean (excluding high income) peaked at 17,898 constant 2015 US$ in 2014 and was at its lowest, 15,724 constant 2015 US$, in 2003.
That places Latin America & Caribbean (excluding high income) 24th out of 46 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Services, value added per worker in Latin America & Caribbean (excluding high income), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1991 | 17,036 constant 2015 US$ | — |
| 1992 | 17,025 constant 2015 US$ | -0.1% |
| 1993 | 17,000 constant 2015 US$ | -0.1% |
| 1994 | 16,624 constant 2015 US$ | -2.2% |
| 1995 | 16,227 constant 2015 US$ | -2.4% |
| 1996 | 16,276 constant 2015 US$ | +0.3% |
| 1997 | 16,443 constant 2015 US$ | +1.0% |
| 1998 | 16,369 constant 2015 US$ | -0.5% |
| 1999 | 16,378 constant 2015 US$ | +0.1% |
| 2000 | 16,563 constant 2015 US$ | +1.1% |
| 2001 | 16,195 constant 2015 US$ | -2.2% |
| 2002 | 16,001 constant 2015 US$ | -1.2% |
| 2003 | 15,724 constant 2015 US$ | -1.7% |
| 2004 | 15,972 constant 2015 US$ | +1.6% |
| 2005 | 16,135 constant 2015 US$ | +1.0% |
| 2006 | 16,359 constant 2015 US$ | +1.4% |
| 2007 | 16,801 constant 2015 US$ | +2.7% |
| 2008 | 17,017 constant 2015 US$ | +1.3% |
| 2009 | 16,599 constant 2015 US$ | -2.5% |
| 2010 | 17,220 constant 2015 US$ | +3.7% |
| 2011 | 17,609 constant 2015 US$ | +2.3% |
| 2012 | 17,702 constant 2015 US$ | +0.5% |
| 2013 | 17,886 constant 2015 US$ | +1.0% |
| 2014 | 17,898 constant 2015 US$ | +0.1% |
| 2015 | 17,731 constant 2015 US$ | -0.9% |
| 2016 | 17,644 constant 2015 US$ | -0.5% |
| 2017 | 17,681 constant 2015 US$ | +0.2% |
| 2018 | 17,702 constant 2015 US$ | +0.1% |
| 2019 | 17,402 constant 2015 US$ | -1.7% |
| 2020 | 17,796 constant 2015 US$ | +2.3% |
| 2021 | 17,785 constant 2015 US$ | -0.1% |
| 2022 | 17,534 constant 2015 US$ | -1.4% |
| 2023 | 17,468 constant 2015 US$ | -0.4% |
| 2024 | 17,508 constant 2015 US$ | +0.2% |
| 2025 | 17,788 constant 2015 US$ | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16,597 constant 2015 US$ | 16,227 constant 2015 US$ | 17,036 constant 2015 US$ | 9 |
| 2000s | 16,336 constant 2015 US$ | 15,724 constant 2015 US$ | 17,017 constant 2015 US$ | 10 |
| 2010s | 17,647 constant 2015 US$ | 17,220 constant 2015 US$ | 17,898 constant 2015 US$ | 10 |
| 2020s | 17,647 constant 2015 US$ | 17,468 constant 2015 US$ | 17,796 constant 2015 US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 21 Israel 75,521 constant 2015 US$ compare
- 22 Qatar 71,915 constant 2015 US$ compare
- 23 New Zealand 69,924 constant 2015 US$ compare
- 24 Japan 67,154 constant 2015 US$ compare
- 25 Malta 63,937 constant 2015 US$ compare
- 26 Spain 61,418 constant 2015 US$ compare
- 27 United Arab Emirates 57,148 constant 2015 US$ compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.14 % change on previous year (2025)
- Imports of goods and services 5.7% (2025)
- Imports of goods and services 25.3% (2025)
- External balance on goods and services -0.7% (2025)
- Trade 47.5% (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 9,623 current US$ per person (2025)
- Agriculture, forestry, and fishing, value added 339.15 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 7.3% (2025)
- Industry (including construction), value added 30.2% (2025)
- Industry (including construction), value added 0.7% (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is services, value added per worker in Latin America & Caribbean (excluding high income)?
- Services, value added per worker in Latin America & Caribbean (excluding high income) was 17,788 constant 2015 US$ in 2025, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 17,898 constant 2015 US$ in 2014.
- What is the lowest services, value added per worker recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 15,724 constant 2015 US$ in 2003.
- How does Latin America & Caribbean (excluding high income) rank for services, value added per worker?
- Latin America & Caribbean (excluding high income) ranks 24th out of 46 groups with data for 2025.
- Is services, value added per worker rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 0.3%. 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 World Development Indicators database, World Bank (WB), published as part of Services, value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.