Latin America & Caribbean Manufacturing Output 1983-2025

Latin America & Caribbean manufacturing output for 2023 was 1.271 trillion US dollars, a 10.4% increase from 2022.
  • Latin America & Caribbean manufacturing output for 2022 was 1.152 trillion US dollars, a 18.32% increase from 2021.
  • Latin America & Caribbean manufacturing output for 2021 was 973.31 billion US dollars, a 21.78% increase from 2020.
  • Latin America & Caribbean manufacturing output for 2020 was 799.27 billion US dollars, a 12.76% decline from 2019.
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.