Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Latin America and the Caribbean
Latin America and the Caribbean: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 2.54 Percent per annum in 2028. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Latin America and the Caribbean, 1990–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for africa's development dynamics (afdd) table 02 - annual real gdp in Latin America and the Caribbean is 2.54 Percent per annum, measured in 2028.
The figure is down 4.4% on the previous year and up 122.1% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Latin America and the Caribbean peaked at 7.32 Percent per annum in 2021 and was at its lowest, -6.97 Percent per annum, in 2020.
Latin America and the Caribbean ranks 23rd of 28 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Latin America and the Caribbean, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 0.7502 Percent per annum | — |
| 1991 | 3.77 Percent per annum | +403.2% |
| 1992 | 3.35 Percent per annum | -11.2% |
| 1993 | 4.03 Percent per annum | +20.3% |
| 1994 | 4.59 Percent per annum | +13.9% |
| 1995 | 1.3 Percent per annum | -71.7% |
| 1996 | 3.66 Percent per annum | +181.5% |
| 1997 | 5.46 Percent per annum | +49.1% |
| 1998 | 2.84 Percent per annum | -47.9% |
| 1999 | 0.2173 Percent per annum | -92.3% |
| 2000 | 3.72 Percent per annum | +1609.4% |
| 2001 | 0.595 Percent per annum | -84.0% |
| 2002 | 0.3649 Percent per annum | -38.7% |
| 2003 | 1.94 Percent per annum | +432.1% |
| 2004 | 5.97 Percent per annum | +207.2% |
| 2005 | 4.3 Percent per annum | -27.9% |
| 2006 | 5.52 Percent per annum | +28.2% |
| 2007 | 5.5 Percent per annum | -0.3% |
| 2008 | 3.89 Percent per annum | -29.3% |
| 2009 | -2.2 Percent per annum | -156.7% |
| 2010 | 6.08 Percent per annum | -375.8% |
| 2011 | 4.54 Percent per annum | -25.2% |
| 2012 | 2.98 Percent per annum | -34.5% |
| 2013 | 2.81 Percent per annum | -5.5% |
| 2014 | 1.3 Percent per annum | -53.6% |
| 2015 | 0.2448 Percent per annum | -81.2% |
| 2016 | -0.7975 Percent per annum | -425.8% |
| 2017 | 1.37 Percent per annum | -271.7% |
| 2018 | 1.14 Percent per annum | -16.5% |
| 2019 | 0.1632 Percent per annum | -85.7% |
| 2020 | -6.97 Percent per annum | -4374.3% |
| 2021 | 7.32 Percent per annum | -205.0% |
| 2022 | 4.24 Percent per annum | -42.1% |
| 2023 | 2.3 Percent per annum | -45.9% |
| 2024 | 1.97 Percent per annum | -14.3% |
| 2025 | 2.54 Percent per annum | +28.9% |
| 2026 | 2.67 Percent per annum | +5.5% |
| 2027 | 2.66 Percent per annum | -0.7% |
| 2028 | 2.54 Percent per annum | -4.4% |
Biggest year-on-year movements
Years where Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Latin America and the Caribbean changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -4374.3% | 0.1632 Percent per annum | -6.97 Percent per annum |
| 2000 | +1609.4% | 0.2173 Percent per annum | 3.72 Percent per annum |
| 2003 | +432.1% | 0.3649 Percent per annum | 1.94 Percent per annum |
| 1991 | +403.2% | 0.7502 Percent per annum | 3.77 Percent per annum |
| 2016 | -425.8% | 0.2448 Percent per annum | -0.7975 Percent per annum |
| 2010 | +375.8% | -2.2 Percent per annum | 6.08 Percent per annum |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3 Percent per annum | 0.2173 Percent per annum | 5.46 Percent per annum | 10 |
| 2000s | 2.96 Percent per annum | -2.2 Percent per annum | 5.97 Percent per annum | 10 |
| 2010s | 1.98 Percent per annum | -0.7975 Percent per annum | 6.08 Percent per annum | 10 |
| 2020s | 2.14 Percent per annum | -6.97 Percent per annum | 7.32 Percent per annum | 9 |
Countries ranked near Latin America and the Caribbean
- 20 Eswatini 2.71 Percent per annum compare
- 21 Kenya 5.26 Percent per annum compare
- 22 Croatia 2.6 Percent per annum compare
- 22 Democratic Republic of the Congo 4.08 Percent per annum compare
- 22 Nepal 5.25 Percent per annum compare
- 23 Mongolia 5.17 Percent per annum compare
- 24 Bhutan 5.11 Percent per annum compare
- 25 Indonesia 5.07 Percent per annum compare
- 26 Türkiye 3.48 Percent per annum compare
- 26 Dominican Republic 5.04 Percent per annum compare
- 26 Mauritania 2.17 Percent per annum compare
More economy & growth data for Latin America and the Caribbean
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.86 Percent per annum (2028)
- Gross Domestic Product, GDP in millions constant 2021 international $ 13.84 million (2027)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 32.96 Percentage of GDP (2028)
- 2.5.1b Number of transboundary breeds (including extinct ones) — Value 348 No (2025)
- 2.5.2 Number of transboundary breeds with unknown risk status — Value 182 No (2025)
- 2.5.2 Number of transboundary breeds (not extinct) — Value 340 No (2025)
- Output per hour worked, GDP constant 2021 international $ at PPP 21.66 (2027)
- 2.5.2 Number of local breeds with unknown risk status — Value 452 No (2025)
- 2.5.2 Number of local breeds (not extinct) — Value 569 No (2025)
- 2.5.1b Number of local breeds kept in the country — Value 580 No (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Latin America and the Caribbean?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Latin America and the Caribbean was 2.54 Percent per annum in 2028, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Latin America and the Caribbean?
- The highest recorded value was 7.32 Percent per annum in 2021.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Latin America and the Caribbean?
- The lowest recorded value was -6.97 Percent per annum in 2020.
- How does Latin America and the Caribbean rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Latin America and the Caribbean ranks 23rd out of 28 groups with data for 2028.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Latin America and the Caribbean?
- Over the last ten years it is up 122.1%. The long-run trend across the full record is volatile.
- Where does this Latin America and the Caribbean data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.