Services share of GDP in Latin America and Caribbean
Services produced 68.2% of GDP in Latin America and Caribbean in 2025.
Latin America and Caribbean is a group: World Bank region. The value is the aggregate published by World Bank, not an average calculated on this site.
Latin America and Caribbean, 2025
68.2%
Change from 2024
+0.5percentage points
World, 2024
63.3%
Services share of GDP in Latin America and Caribbean over time
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Latin America and Caribbean
World
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The chart loads when you scroll to it. The table below shows the same data.
The chart shows a calculation from the published values. The table below keeps the published values.
% of GDP. Source: World Bank, World Development Indicators. Gaps mean no published value; points are not joined across missing years.
| Period | Latin America and Caribbean | World |
|---|---|---|
| 2025 | 68.2% | – |
| 2024 | 67.7% | 63.3% |
| 2023 | 67.6% | 63.0% |
| 2022 | 66.8% | 62.3% |
| 2021 | 66.8% | 64.1% |
| 2020 | 70.0% | 65.4% |
| 2019 | 70.3% | 64.9% |
| 2018 | 69.7% | 64.3% |
| 2017 | 70.0% | 64.5% |
| 2016 | 69.9% | 65.0% |
| 2015 | 69.2% | 64.4% |
| 2014 | 67.4% | 63.2% |
| 2013 | 66.3% | 62.9% |
| 2012 | 64.0% | 62.7% |
| 2011 | 63.7% | 62.6% |
| 2010 | 62.6% | 63.3% |
| 2009 | 63.7% | 64.7% |
| 2008 | 62.2% | 62.8% |
| 2007 | 63.1% | 63.2% |
| 2006 | 62.9% | 63.6% |
| 2005 | 63.6% | 64.3% |
| 2004 | 63.4% | 64.8% |
| 2003 | 65.5% | 65.5% |
| 2002 | 65.3% | 65.7% |
| 2001 | 65.8% | 65.2% |
A dash means no value was published for that period.
In short
- That is a change of +0.5 percentage points from 67.7% in 2024.
- Since 2015, when it was 69.2%, the figure has changed by −1.0 percentage points.
More for Latin America and Caribbean
All statistics for Latin America and Caribbean
Industry share of GDP
30.3%
2025 · World Bank
GDP in US dollars
US$7.40 trillion
2025 · World Bank
GDP per capita in US dollars
US$11,095 per person
2025 · World Bank
GDP per capita, PPP
Int$20,287 per person
2025 · World Bank
GNI per capita, Atlas method
US$10,634 per person
2025 · World Bank
Real GDP growth
2.3%
2025 · World Bank