Gross value added at basic prices (GVA) in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Gross value added at basic prices (GVA) was 6.51 trillion current US$ in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Latin America & the Caribbean (IDA & IBRD countries), 1976–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, gross value added at basic prices (gva) in Latin America & the Caribbean (IDA & IBRD countries) stood at 6.51 trillion current US$. That is the highest value across all 50 years on record.
That represents a change of up 4.3% on the previous year and up 40.3% over ten years.
Over the whole period, gross value added at basic prices (gva) in Latin America & the Caribbean (IDA & IBRD countries) peaked at 6.51 trillion current US$ in 2025 and was at its lowest, 481.60 billion current US$, in 1977.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 517.40 billion current US$ | 481.60 billion current US$ | 582.29 billion current US$ | 4 |
| 1980s | 738.82 billion current US$ | 665.08 billion current US$ | 903.65 billion current US$ | 10 |
| 1990s | 1.56 trillion current US$ | 947.59 billion current US$ | 2.05 trillion current US$ | 10 |
| 2000s | 2.59 trillion current US$ | 1.77 trillion current US$ | 3.91 trillion current US$ | 10 |
| 2010s | 4.99 trillion current US$ | 4.51 trillion current US$ | 5.44 trillion current US$ | 10 |
| 2020s | 5.54 trillion current US$ | 4.11 trillion current US$ | 6.51 trillion current US$ | 6 |
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Trade 48.6% (2025)
- Households and NPISHs Final consumption expenditure 2.5% (2025)
- Households and NPISHs Final consumption expenditure per capita 6,311 constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure per capita growth 1.8% (2025)
- Agriculture, forestry, and fishing, value added 361.29 billion constant 2015 US$ (2025)
- Final consumption expenditure 5.76 trillion current US$ (2025)
- Final consumption expenditure 2.4% (2025)
- Final consumption expenditure 4.85 trillion constant 2015 US$ (2025)
- Households and NPISHs Final consumption expenditure 4.11 trillion constant 2015 US$ (2025)
- Households and NPISHs final consumption expenditure 68.9% (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is gross value added at basic prices (gva) in Latin America & the Caribbean (IDA & IBRD countries)?
- Gross value added at basic prices (gva) in Latin America & the Caribbean (IDA & IBRD countries) was 6.51 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 6.51 trillion current US$ in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 481.60 billion current US$ in 1977.
- Is gross value added at basic prices (gva) rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 40.3%. 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 Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.