Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Latin America and the Caribbean
Latin America and the Caribbean: Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of was 3.48 Percentage of GDP in 2021. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Latin America and the Caribbean, 2000–2021
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Latin America and the Caribbean recorded 3.48 Percentage of GDP for africa's development dynamics (afdd) table 08 - sectoral breakdown of in 2021. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 260.0% on the previous year and up 76.2% over ten years.
Over the whole period, africa's development dynamics (afdd) table 08 - sectoral breakdown of in Latin America and the Caribbean peaked at 3.48 Percentage of GDP in 2021 and was at its lowest, 0.3264 Percentage of GDP, in 2001.
Latin America and the Caribbean ranks 6th of 28 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Latin America and the Caribbean, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.3594 Percentage of GDP | — |
| 2001 | 0.3264 Percentage of GDP | -9.2% |
| 2002 | 0.3438 Percentage of GDP | +5.3% |
| 2003 | 0.4046 Percentage of GDP | +17.7% |
| 2004 | 0.7053 Percentage of GDP | +74.3% |
| 2005 | 1.05 Percentage of GDP | +49.1% |
| 2006 | 1.69 Percentage of GDP | +60.6% |
| 2007 | 1.98 Percentage of GDP | +17.2% |
| 2008 | 1.76 Percentage of GDP | -11.1% |
| 2009 | 1.01 Percentage of GDP | -42.6% |
| 2010 | 1.71 Percentage of GDP | +69.8% |
| 2011 | 1.98 Percentage of GDP | +15.4% |
| 2012 | 1.5 Percentage of GDP | -24.0% |
| 2013 | 1.29 Percentage of GDP | -14.4% |
| 2014 | 0.9215 Percentage of GDP | -28.4% |
| 2015 | 0.6282 Percentage of GDP | -31.8% |
| 2016 | 0.764 Percentage of GDP | +21.6% |
| 2017 | 0.9542 Percentage of GDP | +24.9% |
| 2018 | 0.9169 Percentage of GDP | -3.9% |
| 2019 | 0.5639 Percentage of GDP | -38.5% |
| 2020 | 0.9679 Percentage of GDP | +71.7% |
| 2021 | 3.48 Percentage of GDP | +260.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9627 Percentage of GDP | 0.3264 Percentage of GDP | 1.98 Percentage of GDP | 10 |
| 2010s | 1.12 Percentage of GDP | 0.5639 Percentage of GDP | 1.98 Percentage of GDP | 10 |
| 2020s | 2.23 Percentage of GDP | 0.9679 Percentage of GDP | 3.48 Percentage of GDP | 2 |
Countries ranked near Latin America and the Caribbean
- 3 Eritrea 24.63 Percentage of GDP compare
- 4 Chile 16.23 Percentage of GDP compare
- 5 Mali 16.18 Percentage of GDP compare
- 6 Burkina Faso 15.45 Percentage of GDP compare
- 7 Papua New Guinea 14.41 Percentage of GDP compare
- 8 Peru 12.1 Percentage of GDP compare
- 9 Kyrgyzstan 11.15 Percentage of GDP compare
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- Exposure to extreme precipitation — Annual precipitation change -262.82 Millimetres per year (2023)
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Frequently asked questions
- What is africa's development dynamics (afdd) table 08 - sectoral breakdown of in Latin America and the Caribbean?
- Africa's development dynamics (afdd) table 08 - sectoral breakdown of in Latin America and the Caribbean was 3.48 Percentage of GDP in 2021, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 08 - sectoral breakdown of recorded in Latin America and the Caribbean?
- The highest recorded value was 3.48 Percentage of GDP in 2021.
- What is the lowest africa's development dynamics (afdd) table 08 - sectoral breakdown of recorded in Latin America and the Caribbean?
- The lowest recorded value was 0.3264 Percentage of GDP in 2001.
- How does Latin America and the Caribbean rank for africa's development dynamics (afdd) table 08 - sectoral breakdown of?
- Latin America and the Caribbean ranks 6th out of 28 groups with data for 2021.
- Is africa's development dynamics (afdd) table 08 - sectoral breakdown of rising or falling in Latin America and the Caribbean?
- Over the last ten years it is up 76.2%. The long-run trend across the full record is volatile.
- Where does this Latin America and the Caribbean data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of the economy — Mineral rents. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 8 shows the breakdown of national economies by sectors of activity, looking at share of employment, contributions to GDP, along with the impact of natural resource extraction on the economy.