Latin America & Caribbean vs Spain: Imports of goods, services and primary income
Imports of goods, services and primary income over time
- Latin America & Caribbean
- Spain
How they compare
Latin America & Caribbean currently reports 2.42 trillion BoP, current US$ against 764.76 billion BoP, current US$ in Spain, a difference of 1.65 trillion BoP, current US$.
That makes Latin America & Caribbean's figure about 3.2 times Spain's.
Across all 47 years both countries report, Latin America & Caribbean has been ahead every year.
Latin America & Caribbean ranks 19th and Spain ranks 17th of 47 groups.
Latin America & Caribbean has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 122.00 billion BoP, current US$ | 30.65 billion BoP, current US$ | 91.36 billion BoP, current US$ | Latin America & Caribbean |
| 1980s | 159.16 billion BoP, current US$ | 49.89 billion BoP, current US$ | 109.27 billion BoP, current US$ | Latin America & Caribbean |
| 1990s | 336.00 billion BoP, current US$ | 149.14 billion BoP, current US$ | 186.86 billion BoP, current US$ | Latin America & Caribbean |
| 2000s | 770.99 billion BoP, current US$ | 390.40 billion BoP, current US$ | 380.59 billion BoP, current US$ | Latin America & Caribbean |
| 2010s | 1.56 trillion BoP, current US$ | 483.17 billion BoP, current US$ | 1.07 trillion BoP, current US$ | Latin America & Caribbean |
| 2020s | 2.04 trillion BoP, current US$ | 626.55 billion BoP, current US$ | 1.41 trillion BoP, current US$ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods, services and primary income, Latin America & Caribbean or Spain?
- Latin America & Caribbean, at 2.42 trillion BoP, current US$ against 764.76 billion BoP, current US$ in Spain as of 2025.
- What is the difference in imports of goods, services and primary income between Latin America & Caribbean and Spain?
- 1.65 trillion BoP, current US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Latin America & Caribbean and Spain?
- 47 years are reported by both, from 1979 to 2025.
- How do Latin America & Caribbean and Spain rank globally for imports of goods, services and primary income?
- Latin America & Caribbean ranks 19th and Spain ranks 17th of 47 groups.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Imports of goods, services and primary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.