Latin America & Caribbean Manufacturing Output 1983-2024

Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
  • Latin America & Caribbean manufacturing output for 2023 was $1,271.50B, a 10.4% increase from 2022.
  • Latin America & Caribbean manufacturing output for 2022 was $1,151.67B, a 18.32% increase from 2021.
  • Latin America & Caribbean manufacturing output for 2021 was $973.31B, a 21.78% increase from 2020.
  • Latin America & Caribbean manufacturing output for 2020 was $799.27B, a 12.76% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
World $16,182.04B
East Asia & Pacific $7,002.29B
European Union $2,756.67B
Euro Area $2,327.19B
Latin America & Caribbean $1,271.50B
South Asia $618.29B
Sub-Saharan Africa $227.25B
Latin America & Caribbean Manufacturing Output - Historical Data
Year Billions of US $ % of GDP
2023 $1,271.50B 17.92%
2022 $1,151.67B 18.16%
2021 $973.31B 17.45%
2020 $799.27B 16.63%
2019 $916.21B 16.19%
2018 $941.50B 16.39%
2017 $949.64B 16.19%
2016 $875.95B 16.58%
2015 $908.15B 16.76%
2014 $877.88B 13.54%
2013 $864.35B 13.59%
2012 $863.31B 13.90%
2011 $868.65B 14.15%
2010 $794.35B 14.72%
2009 $657.87B 15.10%
2008 $728.97B 15.70%
2007 $641.40B 16.05%
2006 $562.43B 16.56%
2005 $488.00B 16.82%
2004 $421.31B 17.52%
2003 $371.68B 17.78%
2002 $356.12B 17.36%
2001 $397.17B 17.41%
2000 $404.92B 17.41%
1999 $359.90B 17.08%
1998 $392.12B 16.82%
1997 $394.31B 17.12%
1996 $350.52B 16.68%
1995 $333.14B 17.16%
1994 $363.69B 20.26%
1993 $322.96B 21.02%
1992 $265.61B 20.45%
1991 $245.31B 20.61%
1990 $234.31B 21.26%
1989 $248.61B 24.68%
1988 $267.28B 24.68%
1987 $224.81B 24.68%
1986 $219.47B 24.68%
1985 $232.24B 24.68%
1984 $243.31B 24.68%
1983 $227.92B 24.68%