Latin America & Caribbean vs Montenegro: Trade in services
Trade in services over time
- Latin America & Caribbean
- Montenegro
How they compare
Montenegro currently reports 46.7% against 8.7% in Latin America & Caribbean, a difference of 38.0%.
That makes Montenegro's figure about 5.4 times Latin America & Caribbean's.
Across all 19 years both countries report, Montenegro has been ahead every year.
Latin America & Caribbean ranks 35th and Montenegro ranks 38th of 47 groups.
Montenegro has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Montenegro | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.5% | 37.4% | 30.9% | Montenegro |
| 2010s | 7.4% | 42.5% | 35.1% | Montenegro |
| 2020s | 8.3% | 46.4% | 38.1% | Montenegro |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade in services, Latin America & Caribbean or Montenegro?
- Montenegro, at 46.7% against 8.7% in Latin America & Caribbean as of 2025.
- What is the difference in trade in services between Latin America & Caribbean and Montenegro?
- 38.0%, with Montenegro ahead.
- How many years of comparable data are there for Latin America & Caribbean and Montenegro?
- 19 years are reported by both, from 2007 to 2025.
- How do Latin America & Caribbean and Montenegro rank globally for trade in services?
- Latin America & Caribbean ranks 35th and Montenegro ranks 38th 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.