Latin America & Caribbean (excluding high income) vs Sweden: Trade in services
Trade in services over time
- Latin America & Caribbean (excluding high income)
- Sweden
How they compare
Sweden currently reports 41.3% against 7.9% in Latin America & Caribbean (excluding high income), a difference of 33.4%.
That makes Sweden's figure about 5.2 times Latin America & Caribbean (excluding high income)'s.
Across all 50 years both countries report, Sweden has been ahead every year.
Latin America & Caribbean (excluding high income) ranks 43rd and Sweden ranks 44th of 47 groups.
Sweden has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean (excluding high income) | Sweden | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.6% | 8.2% | 3.6% | Sweden |
| 1980s | 5.3% | 10.7% | 5.5% | Sweden |
| 1990s | 5.2% | 12.6% | 7.4% | Sweden |
| 2000s | 5.7% | 19.4% | 13.8% | Sweden |
| 2010s | 6.5% | 26.0% | 19.5% | Sweden |
| 2020s | 7.3% | 35.3% | 27.9% | Sweden |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade in services, Latin America & Caribbean (excluding high income) or Sweden?
- Sweden, at 41.3% against 7.9% in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in trade in services between Latin America & Caribbean (excluding high income) and Sweden?
- 33.4%, with Sweden ahead.
- How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Sweden?
- 50 years are reported by both, from 1976 to 2025.
- How do Latin America & Caribbean (excluding high income) and Sweden rank globally for trade in services?
- Latin America & Caribbean (excluding high income) ranks 43rd and Sweden ranks 44th of 47 groups.
- 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.