Annual growth of exports of goods and services in Latin America and the Caribbean
Latin America and the Caribbean: Annual growth of exports of goods and services was 4.2% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Latin America and the Caribbean, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of exports of goods and services in Latin America and the Caribbean is 4.2%, measured in 2024.
Compared with earlier readings it is up 777.4% on the previous year and up 136.7% over ten years.
Over the whole period, annual growth of exports of goods and services in Latin America and the Caribbean peaked at 11.1% in 2010 and was at its lowest, -10.4%, in 2020.
Latin America and the Caribbean ranks 9th of 32 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Latin America and the Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 10.1% | — |
| 2001 | 2.1% | -79.2% |
| 2002 | 2.5% | +16.7% |
| 2003 | 2.9% | +16.6% |
| 2004 | 10.5% | +265.4% |
| 2005 | 7.6% | -27.2% |
| 2006 | 5.3% | -30.8% |
| 2007 | 4.0% | -23.6% |
| 2008 | 0.7% | -83.8% |
| 2009 | -8.4% | -1394.6% |
| 2010 | 11.1% | -232.0% |
| 2011 | 6.8% | -38.9% |
| 2012 | 2.9% | -57.8% |
| 2013 | 1.5% | -47.8% |
| 2014 | 1.8% | +18.4% |
| 2015 | 3.8% | +113.8% |
| 2016 | 1.4% | -62.1% |
| 2017 | 3.5% | +140.8% |
| 2018 | 3.8% | +9.1% |
| 2019 | 0.4% | -89.7% |
| 2020 | -10.4% | -2767.2% |
| 2021 | 7.6% | -173.4% |
| 2022 | 8.3% | +8.5% |
| 2023 | -0.6% | -107.5% |
| 2024 | 4.2% | -777.4% |
Biggest year-on-year movements
Years where Annual growth of exports of goods and services 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 | -2767.2% | 0.4% | -10.4% |
| 2009 | -1394.6% | 0.7% | -8.4% |
| 2024 | +777.4% | -0.6% | 4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | -8.4% | 10.5% | 10 |
| 2010s | 3.7% | 0.4% | 11.1% | 10 |
| 2020s | 1.8% | -10.4% | 8.3% | 5 |
Countries ranked near Latin America and the Caribbean
More economy & growth data for Latin America and the Caribbean
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Frequently asked questions
- What is annual growth of exports of goods and services in Latin America and the Caribbean?
- Annual growth of exports of goods and services in Latin America and the Caribbean was 4.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of exports of goods and services recorded in Latin America and the Caribbean?
- The highest recorded value was 11.1% in 2010.
- What is the lowest annual growth of exports of goods and services recorded in Latin America and the Caribbean?
- The lowest recorded value was -10.4% in 2020.
- How does Latin America and the Caribbean rank for annual growth of exports of goods and services?
- Latin America and the Caribbean ranks 9th out of 32 groups with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Latin America and the Caribbean?
- Over the last ten years it is up 136.7%. 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 United Nations Statistics Division, SDG Global Database, published as part of Annual growth of exports of goods and services (%). Statizoid updates them automatically from the source API.
Download this data
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