Latin America & Caribbean (IDA & IBRD)'s gross Value Added (GVA) at basic prices (current US$) was US$6.51 trillion in 2025, the latest year in the World Bank's World Development Indicators. That is up 40.3% from US$4.64 trillion in 2015 (3.44% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$6.51 trillion | 2025 |
| Five years earlier | US$4.11 trillion | 2020 |
| Ten years earlier | US$4.64 trillion | 2015 |
| Highest | US$6.51 trillion | 2025 |
| Lowest | US$481.6 billion | 1977 |
| Average since 2016 | US$5.26 trillion | 2016–2025 |
| First recorded | US$515.21 billion |
What the numbers say
In 2025, Latin America & Caribbean (IDA & IBRD)'s gross Value Added (GVA) at basic prices (current US$) rose 4.3% on 2024 (from US$6.24 trillion to US$6.51 trillion).
Across the 30 yearly changes before that (1995 to 2024), the average change was +5.2% and a typical year strayed about 10.8% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 24.6% in 2010 and the biggest yearly fall was 15.4% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about US$211.23 billion a year. A straight line explains 64% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Latin America & Caribbean (IDA & IBRD) | US$6.51 trillion | 2025 |
| World | US$97.78 trillion | 2024 |
What this measures
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 50 values
| Year | Gross Value Added (GVA) at basic prices (current US$) |
|---|---|
| 2025 | 6,509,634,385,968 |
| 2024 | 6,243,607,926,864 |
| 2023 | 6,148,057,410,064 |
| 2022 | 5,458,197,159,249 |
| 2021 | 4,761,779,484,993 |
| 2020 | 4,109,281,112,873 |
| 2019 | 4,858,983,173,741 |
| 2018 | 4,936,649,385,953 |
| 2017 | 5,039,720,065,482 |
| 2016 | 4,518,763,277,140 |
Gross Value Added (GVA) at basic prices (current US$) in nearby economies
- Afghanistan — US$16.71 billion (2024)
- Algeria — US$272.66 billion (2025)
- Bahrain — US$46.9 billion (2025)
- Djibouti — US$4.37 billion (2025)
- Egypt, Arab Rep. — US$350.36 billion (2025)
- Iran, Islamic Rep. — US$353 billion (2025)
- Iraq — US$254.37 billion (2025)
- Israel — US$495.42 billion (2024)
- Jordan — US$55.26 billion (2025)
- Kuwait
More economic policy & debt data for Latin America & Caribbean (IDA & IBRD)
- General government final consumption expenditure (current US$) — US$1.11 trillion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$958.95 billion (2025)
- General government final consumption expenditure (% of GDP) — 15.7% (2025)
- Households and NPISHs final consumption expenditure (current US$) — US$4.86 trillion (2025)
- Households and NPISHs final consumption expenditure (constant 2015 US$) — US$4.11 trillion (2025)
- Households and NPISHs final consumption expenditure per capita (constant 2015 US$) — US$6,311 (2025)
- Households and NPISHs final consumption expenditure (% of GDP)
Reading data like this
Questions people ask
- What is Latin America & Caribbean (IDA & IBRD)'s gross Value Added (GVA) at basic prices (current US$)?
- US$6.51 trillion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1976?
- It is up 1,163% from US$515.21 billion in 1976 (5.31% a year on average, compounded). The highest value was US$6.51 trillion in 2025 and the lowest US$481.6 billion in 1977.
- Is the latest change in gross Value Added (GVA) at basic prices (current US$) unusual for Latin America & Caribbean (IDA & IBRD)?
- In 2025, Latin America & Caribbean (IDA & IBRD)'s gross Value Added (GVA) at basic prices (current US$) rose 4.3% on 2024 (from US$6.24 trillion to US$6.51 trillion). Across the 30 yearly changes before that (1995 to 2024), the average change was +5.2% and a typical year strayed about 10.8% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDP.FCST.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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