Australia vs Latin America & Caribbean: Service imports
Service imports over time
- Australia
- Latin America & Caribbean
How they compare
Latin America & Caribbean currently reports 382.96 billion BoP, current US$ against 115.84 billion BoP, current US$ in Australia, a difference of 267.12 billion BoP, current US$.
That makes Latin America & Caribbean's figure about 3.3 times Australia's.
Across all 37 years both countries report, Latin America & Caribbean has been ahead every year.
Australia ranks 21st and Latin America & Caribbean ranks 23rd of 200 countries.
Latin America & Caribbean has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 13.53 billion BoP, current US$ | 32.11 billion BoP, current US$ | 18.58 billion BoP, current US$ | Latin America & Caribbean |
| 1990s | 16.69 billion BoP, current US$ | 56.82 billion BoP, current US$ | 40.13 billion BoP, current US$ | Latin America & Caribbean |
| 2000s | 31.89 billion BoP, current US$ | 110.41 billion BoP, current US$ | 78.52 billion BoP, current US$ | Latin America & Caribbean |
| 2010s | 70.66 billion BoP, current US$ | 251.32 billion BoP, current US$ | 180.66 billion BoP, current US$ | Latin America & Caribbean |
| 2020s | 83.80 billion BoP, current US$ | 308.36 billion BoP, current US$ | 224.57 billion BoP, current US$ | Latin America & Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher service imports, Australia or Latin America & Caribbean?
- Latin America & Caribbean, at 382.96 billion BoP, current US$ against 115.84 billion BoP, current US$ in Australia as of 2025.
- What is the difference in service imports between Australia and Latin America & Caribbean?
- 267.12 billion BoP, current US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Australia and Latin America & Caribbean?
- 37 years are reported by both, from 1989 to 2025.
- How do Australia and Latin America & Caribbean rank globally for service imports?
- Australia ranks 21st and Latin America & Caribbean ranks 23rd of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Service imports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imports of services are services provided by non-residents to residents. 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.