Australia vs Latin America & the Caribbean (IDA & IBRD countries): Service imports
Service imports over time
- Australia
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Latin America & the Caribbean (IDA & IBRD countries) currently reports 355.83 billion BoP, current US$ against 115.84 billion BoP, current US$ in Australia, a difference of 239.99 billion BoP, current US$.
That makes Latin America & the Caribbean (IDA & IBRD countries)'s figure about 3.1 times Australia's.
Across all 37 years both countries report, Latin America & the Caribbean (IDA & IBRD countries) has been ahead every year.
Australia ranks 21st and Latin America & the Caribbean (IDA & IBRD countries) ranks 24th of 200 countries.
Latin America & the Caribbean (IDA & IBRD countries) has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 13.53 billion BoP, current US$ | 29.66 billion BoP, current US$ | 16.13 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 16.69 billion BoP, current US$ | 52.16 billion BoP, current US$ | 35.47 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 31.89 billion BoP, current US$ | 102.20 billion BoP, current US$ | 70.30 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 70.66 billion BoP, current US$ | 234.12 billion BoP, current US$ | 163.46 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 83.80 billion BoP, current US$ | 286.60 billion BoP, current US$ | 202.80 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher service imports, Australia or Latin America & the Caribbean (IDA & IBRD countries)?
- Latin America & the Caribbean (IDA & IBRD countries), at 355.83 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 & the Caribbean (IDA & IBRD countries)?
- 239.99 billion BoP, current US$, with Latin America & the Caribbean (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Australia and Latin America & the Caribbean (IDA & IBRD countries)?
- 37 years are reported by both, from 1989 to 2025.
- How do Australia and Latin America & the Caribbean (IDA & IBRD countries) rank globally for service imports?
- Australia ranks 21st and Latin America & the Caribbean (IDA & IBRD countries) ranks 24th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Service imports (BoP, current US$). 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.