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 37.4 Percentage of GDP in 2022. ▲ Rising

Latest (2022)
37.4 Percentage of GDP
Change on year
down 2.0%
Rank
11th
of 28 groups
All-time high
40.67 Percentage of GDP
in 2020
All-time low
36.2 Percentage of GDP
in 2004
Years of data
23
2000–2022

Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Latin America and the Caribbean, 2000–2022

0102030402000201120222000: 38.4 Percentage of GDP2001: 38.9 Percentage of GDP2002: 38 Percentage of GDP2003: 38 Percentage of GDP2004: 36.2 Percentage of GDP2005: 36.6 Percentage of GDP2006: 36.5 Percentage of GDP2007: 36.9 Percentage of GDP2008: 36.6 Percentage of GDP2009: 39.1 Percentage of GDP2010: 37.9 Percentage of GDP2011: 38 Percentage of GDP2012: 38.3 Percentage of GDP2013: 39 Percentage of GDP2014: 39.6 Percentage of GDP2015: 39.6 Percentage of GDP2016: 40.3 Percentage of GDP2017: 40.4 Percentage of GDP2018: 39.6 Percentage of GDP2019: 39.9 Percentage of GDP2020: 40.7 Percentage of GDP2021: 38.2 Percentage of GDP2022: 37.4 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

The most recent figure for africa's development dynamics (afdd) table 08 - sectoral breakdown of in Latin America and the Caribbean is 37.4 Percentage of GDP, measured in 2022.

That represents a change of down 2.0% on the previous year and down 2.2% 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 40.67 Percentage of GDP in 2020 and was at its lowest, 36.2 Percentage of GDP, in 2004.

Latin America and the Caribbean ranks 11th of 28 groups on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 23 years of available data.

Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Latin America and the Caribbean, year by year

Annual values for Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of the economy — Value added in other activities in Latin America and the Caribbean, 2000 to 2022.
Year Percentage of GDP Change
2000 38.43 Percentage of GDP
2001 38.89 Percentage of GDP +1.2%
2002 37.97 Percentage of GDP -2.4%
2003 37.95 Percentage of GDP -0.1%
2004 36.2 Percentage of GDP -4.6%
2005 36.57 Percentage of GDP +1.0%
2006 36.52 Percentage of GDP -0.1%
2007 36.87 Percentage of GDP +1.0%
2008 36.62 Percentage of GDP -0.7%
2009 39.05 Percentage of GDP +6.6%
2010 37.89 Percentage of GDP -3.0%
2011 37.95 Percentage of GDP +0.2%
2012 38.26 Percentage of GDP +0.8%
2013 39.02 Percentage of GDP +2.0%
2014 39.65 Percentage of GDP +1.6%
2015 39.58 Percentage of GDP -0.2%
2016 40.26 Percentage of GDP +1.7%
2017 40.41 Percentage of GDP +0.4%
2018 39.61 Percentage of GDP -2.0%
2019 39.87 Percentage of GDP +0.6%
2020 40.67 Percentage of GDP +2.0%
2021 38.16 Percentage of GDP -6.2%
2022 37.4 Percentage of GDP -2.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 37.51 Percentage of GDP 36.2 Percentage of GDP 39.05 Percentage of GDP 10
2010s 39.25 Percentage of GDP 37.89 Percentage of GDP 40.41 Percentage of GDP 10
2020s 38.75 Percentage of GDP 37.4 Percentage of GDP 40.67 Percentage of GDP 3

Countries ranked near Latin America and the Caribbean

  1. 8 Fiji 38.47 Percentage of GDP compare
  2. 8 Monaco 55.28 Percentage of GDP compare
  3. 9 France 54.96 Percentage of GDP compare
  4. 10 Estonia 42.78 Percentage of GDP compare
  5. 10 Cuba 54.9 Percentage of GDP compare
  6. 11 Latvia 41.31 Percentage of GDP compare
  7. 11 Grenada 54.83 Percentage of GDP compare
  8. 12 Slovenia 41.26 Percentage of GDP compare
  9. 12 United States of America 54.16 Percentage of GDP compare
  10. 12 Moldova 36.2 Percentage of GDP compare
  11. 13 Tuvalu 54.1 Percentage of GDP compare
  12. 14 Belgium 53.72 Percentage of GDP compare
  13. 14 Eswatini 34.5 Percentage of GDP compare

See the full ranking of 245 places →

More reference data data for Latin America and the Caribbean

All data for Latin America and the Caribbean →

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 37.4 Percentage of GDP in 2022, 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 40.67 Percentage of GDP in 2020.
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 36.2 Percentage of GDP in 2004.
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 11th out of 28 groups with data for 2022.
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 2.2%. The long-run trend across the full record is rising.
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 — Value added in other activities. Statizoid updates them automatically from the source API.

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Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of in Latin America and the Caribbean. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 06 September 2026, from https://reference.statizoid.com/stat/africa-s-development-dynamics-afdd-table-08-sectoral-breakdown-of-the-economy-value-added-5/latin-america-and-the-caribbean/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of the economy — Value added in other activities
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
245 places, 5,627 data points, 2000–2022
Last refreshed

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.