Adjusted net national income in Latin America & Caribbean
Latin America & Caribbean: Adjusted net national income was 4.1% in 2021. ◆ Volatile
Adjusted net national income in Latin America & Caribbean, 1971–2021
Source: Staff estimates, World Bank (WB). Measured in annual % growth.
Analysis
The most recent figure for adjusted net national income in Latin America & Caribbean is 4.1%, measured in 2021.
The figure is up 160.0% on the previous year and down 3.0% over ten years.
Over the whole period, adjusted net national income in Latin America & Caribbean peaked at 11.1% in 1979 and was at its lowest, -6.8%, in 2020.
That places Latin America & Caribbean 27th out of 36 groups with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income in Latin America & Caribbean, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1971 | 8.5% | — |
| 1972 | 7.3% | -14.9% |
| 1973 | 9.4% | +29.0% |
| 1974 | 4.8% | -48.8% |
| 1975 | 2.6% | -45.2% |
| 1976 | 5.8% | +121.8% |
| 1977 | 4.2% | -28.3% |
| 1978 | -2.1% | -149.3% |
| 1979 | 11.1% | -641.0% |
| 1980 | 7.2% | -35.8% |
| 1981 | 0.4% | -94.8% |
| 1982 | -3.0% | -903.4% |
| 1983 | -6.5% | +117.0% |
| 1984 | -0.5% | -92.7% |
| 1985 | 1.7% | -447.5% |
| 1986 | 3.0% | +79.5% |
| 1987 | 1.8% | -40.0% |
| 1988 | 0.4% | -78.3% |
| 1989 | 4.3% | +1007.1% |
| 1990 | 3.8% | -11.5% |
| 1991 | 5.6% | +48.5% |
| 1992 | 3.8% | -31.8% |
| 1993 | 2.8% | -28.1% |
| 1994 | 6.5% | +137.9% |
| 1995 | 1.0% | -85.1% |
| 1996 | 4.7% | +378.2% |
| 1997 | 5.8% | +24.4% |
| 1998 | 1.6% | -71.5% |
| 1999 | -1.3% | -177.9% |
| 2000 | 2.7% | -313.9% |
| 2001 | 0.3% | -90.6% |
| 2002 | 0.5% | +87.3% |
| 2003 | 1.2% | +157.6% |
| 2004 | 4.3% | +247.0% |
| 2005 | 2.8% | -35.9% |
| 2006 | 7.7% | +178.0% |
| 2007 | 6.4% | -16.4% |
| 2008 | 2.9% | -55.1% |
| 2009 | -1.9% | -166.8% |
| 2010 | 6.7% | -448.4% |
| 2011 | 4.2% | -37.2% |
| 2012 | 1.4% | -67.2% |
| 2013 | 3.5% | +156.7% |
| 2014 | 1.2% | -65.0% |
| 2015 | 1.1% | -7.6% |
| 2016 | -0.4% | -132.5% |
| 2017 | 3.2% | -951.7% |
| 2018 | 0.3% | -89.6% |
| 2019 | 1.2% | +250.0% |
| 2020 | -6.8% | -690.1% |
| 2021 | 4.1% | -160.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.7% | -2.1% | 11.1% | 9 |
| 1980s | 0.9% | -6.5% | 7.2% | 10 |
| 1990s | 3.4% | -1.3% | 6.5% | 10 |
| 2000s | 2.7% | -1.9% | 7.7% | 10 |
| 2010s | 2.2% | -0.4% | 6.7% | 10 |
| 2020s | -1.4% | -6.8% | 4.1% | 2 |
Countries ranked near Latin America & Caribbean
- 24 Djibouti 9.0% compare
- 25 Guinea-Bissau 9.0% compare
- 26 Canada 8.8% compare
- 27 Estonia 8.8% compare
- 28 Israel 8.7% compare
- 29 Bosnia and Herzegovina 8.6% compare
- 30 Republic of Moldova 8.6% compare
More economy & growth data for Latin America & Caribbean
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- Final consumption expenditure (current US$), annual growth rate 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,410 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 180.24 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -27.55 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 270.38 BoP, current US$ per person (2025)
Frequently asked questions
- What is adjusted net national income in Latin America & Caribbean?
- Adjusted net national income in Latin America & Caribbean was 4.1% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted net national income recorded in Latin America & Caribbean?
- The highest recorded value was 11.1% in 1979.
- What is the lowest adjusted net national income recorded in Latin America & Caribbean?
- The lowest recorded value was -6.8% in 2020.
- How does Latin America & Caribbean rank for adjusted net national income?
- Latin America & Caribbean ranks 27th out of 36 groups with data for 2021.
- Is adjusted net national income rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 3.0%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.