Annual growth of exports of goods and services (%) in South America
South America: Annual growth of exports of goods and services (%) was 5.1% in 2024. ◆ Volatile
Annual growth of exports of goods and services in South America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of exports of goods and services in South America stood at 5.1%.
The figure is up 12.6% on the previous year and up 381.9% over ten years.
Over the whole period, annual growth of exports of goods and services in South America peaked at 13.2% in 2004 and was at its lowest, -11.2%, in 2020.
South America ranks 5th of 32 groups on this measure, in the top quarter.
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 South America, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 7.6% | — |
| 2001 | 2.8% | -62.6% |
| 2002 | 2.6% | -9.7% |
| 2003 | 5.0% | +94.8% |
| 2004 | 13.2% | +164.9% |
| 2005 | 8.5% | -35.5% |
| 2006 | 3.9% | -53.9% |
| 2007 | 4.2% | +6.1% |
| 2008 | 1.2% | -71.8% |
| 2009 | -8.2% | -800.7% |
| 2010 | 6.0% | -172.7% |
| 2011 | 5.3% | -11.0% |
| 2012 | 0.8% | -84.7% |
| 2013 | 0.8% | -5.5% |
| 2014 | -1.8% | -337.4% |
| 2015 | 2.2% | -218.2% |
| 2016 | 0.7% | -67.7% |
| 2017 | 3.5% | +398.4% |
| 2018 | 1.9% | -44.3% |
| 2019 | -0.5% | -128.4% |
| 2020 | -11.2% | +1939.0% |
| 2021 | 5.3% | -147.4% |
| 2022 | 6.0% | +12.3% |
| 2023 | 4.6% | -23.5% |
| 2024 | 5.1% | +12.6% |
Biggest year-on-year movements
Years where Annual growth of exports of goods and services (%) in South America 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 | -1939.0% | -0.5% | -11.2% |
| 2009 | -800.7% | 1.2% | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1% | -8.2% | 13.2% | 10 |
| 2010s | 1.9% | -1.8% | 6.0% | 10 |
| 2020s | 2.0% | -11.2% | 6.0% | 5 |
Countries ranked near South America
- 2 Northern Mariana Islands 323.9% compare
- 3 Guam 150.3% compare
- 4 Sierra Leone 129.2% compare
- 5 Micronesia 126.2% compare
- 6 Vanuatu 103.4% compare
- 7 Tonga 81.5% compare
- 8 Palau 74.6% compare
More economy & growth data for South America
- Gross Domestic Product, GDP in millions constant 2021 international $ 9.17 million (2027)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 0.3155 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -1.17 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 2.44 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 2.12 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -0.3026 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 0.8744 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 0.8745 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ -0.3025 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 17.35 % (2024)
Frequently asked questions
- What is annual growth of exports of goods and services in South America?
- Annual growth of exports of goods and services in South America was 5.1% 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 South America?
- The highest recorded value was 13.2% in 2004.
- What is the lowest annual growth of exports of goods and services recorded in South America?
- The lowest recorded value was -11.2% in 2020.
- How does South America rank for annual growth of exports of goods and services?
- South America ranks 5th out of 32 groups with data for 2024.
- Is annual growth of exports of goods and services rising or falling in South America?
- Over the last ten years it is up 381.9%. The long-run trend across the full record is volatile.
- Where does this South America 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.
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