Adjusted net national income in Latin America & Caribbean
Latin America & Caribbean: Adjusted net national income was 4.32 trillion constant 2015 US$ in 2021. ▲ Rising
Latest (2021)
4.32 trillion constant 2015 US$
Change on year
up 4.1%
Rank
20th
of 36 groups
All-time high
4.45 trillion constant 2015 US$
in 2019
All-time low
1.11 trillion constant 2015 US$
in 1970
Years of data
52
1970–2021
Adjusted net national income in Latin America & Caribbean, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in constant 2015 US$.
Analysis
In 2021, adjusted net national income in Latin America & Caribbean stood at 4.32 trillion constant 2015 US$.
That represents a change of up 4.1% on the previous year and up 8.8% over ten years.
Over the whole period, adjusted net national income in Latin America & Caribbean peaked at 4.45 trillion constant 2015 US$ in 2019 and was at its lowest, 1.11 trillion constant 2015 US$, in 1970.
That places Latin America & Caribbean 20th out of 36 groups with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 52 years of available data.
Adjusted net national income in Latin America & Caribbean, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 1.11 trillion constant 2015 US$ | — |
| 1971 | 1.20 trillion constant 2015 US$ | +8.5% |
| 1972 | 1.29 trillion constant 2015 US$ | +7.3% |
| 1973 | 1.41 trillion constant 2015 US$ | +9.4% |
| 1974 | 1.48 trillion constant 2015 US$ | +4.8% |
| 1975 | 1.52 trillion constant 2015 US$ | +2.6% |
| 1976 | 1.60 trillion constant 2015 US$ | +5.8% |
| 1977 | 1.67 trillion constant 2015 US$ | +4.2% |
| 1978 | 1.64 trillion constant 2015 US$ | -2.1% |
| 1979 | 1.82 trillion constant 2015 US$ | +11.1% |
| 1980 | 1.95 trillion constant 2015 US$ | +7.2% |
| 1981 | 1.96 trillion constant 2015 US$ | +0.4% |
| 1982 | 1.90 trillion constant 2015 US$ | -3.0% |
| 1983 | 1.77 trillion constant 2015 US$ | -6.5% |
| 1984 | 1.77 trillion constant 2015 US$ | -0.5% |
| 1985 | 1.79 trillion constant 2015 US$ | +1.7% |
| 1986 | 1.85 trillion constant 2015 US$ | +3.0% |
| 1987 | 1.88 trillion constant 2015 US$ | +1.8% |
| 1988 | 1.89 trillion constant 2015 US$ | +0.4% |
| 1989 | 1.97 trillion constant 2015 US$ | +4.3% |
| 1990 | 2.04 trillion constant 2015 US$ | +3.8% |
| 1991 | 2.16 trillion constant 2015 US$ | +5.6% |
| 1992 | 2.24 trillion constant 2015 US$ | +3.8% |
| 1993 | 2.30 trillion constant 2015 US$ | +2.8% |
| 1994 | 2.45 trillion constant 2015 US$ | +6.5% |
| 1995 | 2.48 trillion constant 2015 US$ | +1.0% |
| 1996 | 2.59 trillion constant 2015 US$ | +4.7% |
| 1997 | 2.74 trillion constant 2015 US$ | +5.8% |
| 1998 | 2.79 trillion constant 2015 US$ | +1.6% |
| 1999 | 2.75 trillion constant 2015 US$ | -1.3% |
| 2000 | 2.83 trillion constant 2015 US$ | +2.7% |
| 2001 | 2.83 trillion constant 2015 US$ | +0.3% |
| 2002 | 2.85 trillion constant 2015 US$ | +0.5% |
| 2003 | 2.88 trillion constant 2015 US$ | +1.2% |
| 2004 | 3.01 trillion constant 2015 US$ | +4.3% |
| 2005 | 3.09 trillion constant 2015 US$ | +2.8% |
| 2006 | 3.33 trillion constant 2015 US$ | +7.7% |
| 2007 | 3.54 trillion constant 2015 US$ | +6.4% |
| 2008 | 3.64 trillion constant 2015 US$ | +2.9% |
| 2009 | 3.57 trillion constant 2015 US$ | -1.9% |
| 2010 | 3.81 trillion constant 2015 US$ | +6.7% |
| 2011 | 3.97 trillion constant 2015 US$ | +4.2% |
| 2012 | 4.03 trillion constant 2015 US$ | +1.4% |
| 2013 | 4.17 trillion constant 2015 US$ | +3.5% |
| 2014 | 4.22 trillion constant 2015 US$ | +1.2% |
| 2015 | 4.27 trillion constant 2015 US$ | +1.1% |
| 2016 | 4.25 trillion constant 2015 US$ | -0.4% |
| 2017 | 4.39 trillion constant 2015 US$ | +3.2% |
| 2018 | 4.40 trillion constant 2015 US$ | +0.3% |
| 2019 | 4.45 trillion constant 2015 US$ | +1.2% |
| 2020 | 4.15 trillion constant 2015 US$ | -6.8% |
| 2021 | 4.32 trillion constant 2015 US$ | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.47 trillion constant 2015 US$ | 1.11 trillion constant 2015 US$ | 1.82 trillion constant 2015 US$ | 10 |
| 1980s | 1.87 trillion constant 2015 US$ | 1.77 trillion constant 2015 US$ | 1.97 trillion constant 2015 US$ | 10 |
| 1990s | 2.45 trillion constant 2015 US$ | 2.04 trillion constant 2015 US$ | 2.79 trillion constant 2015 US$ | 10 |
| 2000s | 3.16 trillion constant 2015 US$ | 2.83 trillion constant 2015 US$ | 3.64 trillion constant 2015 US$ | 10 |
| 2010s | 4.20 trillion constant 2015 US$ | 3.81 trillion constant 2015 US$ | 4.45 trillion constant 2015 US$ | 10 |
| 2020s | 4.23 trillion constant 2015 US$ | 4.15 trillion constant 2015 US$ | 4.32 trillion constant 2015 US$ | 2 |
Countries ranked near Latin America & Caribbean
- 17 Switzerland 552.15 billion constant 2015 US$ compare
- 18 Saudi Arabia 533.73 billion constant 2015 US$ compare
- 19 Poland 504.96 billion constant 2015 US$ compare
- 20 Argentina 488.63 billion constant 2015 US$ compare
- 21 Sweden 479.95 billion constant 2015 US$ compare
- 22 Belgium 402.26 billion constant 2015 US$ compare
- 23 Pakistan 370.84 billion constant 2015 US$ compare
More economy & growth data for Latin America & Caribbean
- Services, value added (constant 2015 US$), per unit of GDP 0.5908 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 7,567 current US$ per person (2025)
- Manufacturing, value added 957.00 billion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.38 % change on previous year (2025)
- Industry (including construction), value added 2.24 trillion current US$ (2025)
- Industry (including construction), value added 1.67 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 1.2% (2025)
- Industry (including construction), value added 30.3% (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9264 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.22 % change on previous year (2025)
Frequently asked questions
- What is adjusted net national income in Latin America & Caribbean?
- Adjusted net national income in Latin America & Caribbean was 4.32 trillion constant 2015 US$ 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 4.45 trillion constant 2015 US$ in 2019.
- What is the lowest adjusted net national income recorded in Latin America & Caribbean?
- The lowest recorded value was 1.11 trillion constant 2015 US$ in 1970.
- How does Latin America & Caribbean rank for adjusted net national income?
- Latin America & Caribbean ranks 20th 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 up 8.8%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.