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 2.02 Percentage of GDP in 2021. ▼ Falling
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
In 2021, africa's development dynamics (afdd) table 08 - sectoral breakdown of in Latin America and the Caribbean stood at 2.02 Percentage of GDP.
That represents a change of up 136.4% on the previous year and down 56.1% 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 5.22 Percentage of GDP in 2006 and was at its lowest, 0.8566 Percentage of GDP, in 2020.
That places Latin America and the Caribbean 12th out of 28 groups with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
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 | 3.5 Percentage of GDP | — |
| 2001 | 2.6 Percentage of GDP | -25.6% |
| 2002 | 3.17 Percentage of GDP | +22.0% |
| 2003 | 3.37 Percentage of GDP | +6.2% |
| 2004 | 3.93 Percentage of GDP | +16.4% |
| 2005 | 5.04 Percentage of GDP | +28.3% |
| 2006 | 5.22 Percentage of GDP | +3.5% |
| 2007 | 4.46 Percentage of GDP | -14.5% |
| 2008 | 5.07 Percentage of GDP | +13.6% |
| 2009 | 2.59 Percentage of GDP | -48.8% |
| 2010 | 3.01 Percentage of GDP | +15.9% |
| 2011 | 4.61 Percentage of GDP | +53.2% |
| 2012 | 4.15 Percentage of GDP | -9.9% |
| 2013 | 3.7 Percentage of GDP | -10.9% |
| 2014 | 3.11 Percentage of GDP | -16.0% |
| 2015 | 1.15 Percentage of GDP | -63.1% |
| 2016 | 0.8982 Percentage of GDP | -21.8% |
| 2017 | 1.16 Percentage of GDP | +29.6% |
| 2018 | 1.81 Percentage of GDP | +55.4% |
| 2019 | 1.49 Percentage of GDP | -17.6% |
| 2020 | 0.8566 Percentage of GDP | -42.6% |
| 2021 | 2.02 Percentage of GDP | +136.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.9 Percentage of GDP | 2.59 Percentage of GDP | 5.22 Percentage of GDP | 10 |
| 2010s | 2.51 Percentage of GDP | 0.8982 Percentage of GDP | 4.61 Percentage of GDP | 10 |
| 2020s | 1.44 Percentage of GDP | 0.8566 Percentage of GDP | 2.02 Percentage of GDP | 2 |
Countries ranked near Latin America and the Caribbean
- 9 Azerbaijan 20.98 Percentage of GDP compare
- 10 Iran, Islamic Republic of 18.27 Percentage of GDP compare
- 11 Chad 16.75 Percentage of GDP compare
- 11 Timor-Leste 5.3 Percentage of GDP compare
- 12 United Arab Emirates 15.67 Percentage of GDP compare
- 13 Gabon 15.56 Percentage of GDP compare
- 14 Qatar 15.28 Percentage of GDP compare
- 15 Kazakhstan 14.84 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 2.02 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 5.22 Percentage of GDP in 2006.
- 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 0.8566 Percentage of GDP in 2020.
- 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 12th 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 down 56.1%. The long-run trend across the full record is falling.
- 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 — Oil 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.