Hong Kong vs Latin America & Caribbean: Trade in services
Trade in services over time
- Hong Kong
- Latin America & Caribbean
How they compare
Hong Kong currently reports 48.6% against 8.7% in Latin America & Caribbean, a difference of 39.9%.
That makes Hong Kong's figure about 5.6 times Latin America & Caribbean's.
Across all 27 years both countries report, Hong Kong has been ahead every year.
Hong Kong ranks 33rd and Latin America & Caribbean ranks 35th of 200 countries.
Hong Kong has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Hong Kong | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 42.0% | 5.7% | 36.3% | Hong Kong |
| 2000s | 54.2% | 6.5% | 47.7% | Hong Kong |
| 2010s | 59.6% | 7.4% | 52.2% | Hong Kong |
| 2020s | 41.8% | 8.2% | 33.6% | Hong Kong |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade in services, Hong Kong or Latin America & Caribbean?
- Hong Kong, at 48.6% against 8.7% in Latin America & Caribbean as of 2024.
- What is the difference in trade in services between Hong Kong and Latin America & Caribbean?
- 39.9%, with Hong Kong ahead.
- How many years of comparable data are there for Hong Kong and Latin America & Caribbean?
- 27 years are reported by both, from 1998 to 2024.
- How do Hong Kong and Latin America & Caribbean rank globally for trade in services?
- Hong Kong ranks 33rd and Latin America & Caribbean ranks 35th of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Trade in services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.