Services, value added in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Services, value added was 4.81 trillion current US$ in 2025. ◆ Volatile
Services, value added in Latin America & the Caribbean (IDA & IBRD countries), 1978–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 4.81 trillion current US$ for services, value added in 2025. That is the highest value across all 48 years on record.
The figure is up 5.2% on the previous year and up 36.6% over ten years.
Over the whole period, services, value added in Latin America & the Caribbean (IDA & IBRD countries) peaked at 4.81 trillion current US$ in 2025 and was at its lowest, 348.05 billion current US$, in 1979.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 364.63 billion current US$ | 348.05 billion current US$ | 381.21 billion current US$ | 2 |
| 1980s | 451.26 billion current US$ | 397.50 billion current US$ | 547.30 billion current US$ | 10 |
| 1990s | 1.14 trillion current US$ | 681.30 billion current US$ | 1.51 trillion current US$ | 10 |
| 2000s | 1.85 trillion current US$ | 1.26 trillion current US$ | 2.78 trillion current US$ | 10 |
| 2010s | 3.73 trillion current US$ | 3.27 trillion current US$ | 4.06 trillion current US$ | 10 |
| 2020s | 4.04 trillion current US$ | 3.08 trillion current US$ | 4.81 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 services, value added in Latin America & the Caribbean (IDA & IBRD countries)?
- Services, value added in Latin America & the Caribbean (IDA & IBRD countries) was 4.81 trillion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 4.81 trillion current US$ in 2025.
- What is the lowest services, value added recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 348.05 billion current US$ in 1979.
- Is services, value added rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 36.6%. 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 Services, value added (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 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. 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.