In 2023, the construction sector in Panama and the Dominican Republic made up to 17 and 15 percent of their gross domestic product (GDP), respectively. Meanwhile, that sector amounted to less than five percent of the GDP on average in Latin America and thee Caribbean as a whole. During the past years, the value of the construction sector in Latin America has fluctuated significantly.
Construction sector as a share of the gross domestic product (GDP) in Latin America and the Caribbean in 2023, by country
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Statista. (March 12, 2024). Construction sector as a share of the gross domestic product (GDP) in Latin America and the Caribbean in 2023, by country [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1366565/gdp-share-of-the-construction-sector-in-latin-america-by-country/
Statista. "Construction sector as a share of the gross domestic product (GDP) in Latin America and the Caribbean in 2023, by country." Chart. March 12, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1366565/gdp-share-of-the-construction-sector-in-latin-america-by-country/
Statista. (2024). Construction sector as a share of the gross domestic product (GDP) in Latin America and the Caribbean in 2023, by country. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1366565/gdp-share-of-the-construction-sector-in-latin-america-by-country/
Statista. "Construction Sector as a Share of The Gross Domestic Product (Gdp) in Latin America and The Caribbean in 2023, by Country." Statista, Statista Inc., 12 Mar 2024, https://www.statista.com/statistics/1366565/gdp-share-of-the-construction-sector-in-latin-america-by-country/
Statista, Construction sector as a share of the gross domestic product (GDP) in Latin America and the Caribbean in 2023, by country Statista, https://www.statista.com/statistics/1366565/gdp-share-of-the-construction-sector-in-latin-america-by-country/ (last visited December 30, 2024)
Construction sector as a share of the gross domestic product (GDP) in Latin America and the Caribbean in 2023, by country [Graph], Statista, March 12, 2024. [Online]. Available: https://www.statista.com/statistics/1366565/gdp-share-of-the-construction-sector-in-latin-america-by-country/
