Annual growth of imports of goods and services in Latin America and the Caribbean
Latin America and the Caribbean: Annual growth of imports of goods and services was 4.8% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Latin America and the Caribbean, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Latin America and the Caribbean recorded 4.8% for annual growth of imports of goods and services in 2024.
The figure is up 1,190.3% on the previous year and up 1,061.2% over ten years.
Over the whole period, annual growth of imports of goods and services in Latin America and the Caribbean peaked at 21.2% in 2010 and was at its lowest, -13.7%, in 2009.
Latin America and the Caribbean ranks 13th 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 imports of goods and services in Latin America and the Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 12.7% | — |
| 2001 | 0.5% | -96.1% |
| 2002 | -4.2% | -965.7% |
| 2003 | 3.3% | -177.1% |
| 2004 | 10.8% | +230.6% |
| 2005 | 8.9% | -17.4% |
| 2006 | 11.1% | +24.6% |
| 2007 | 11.4% | +2.3% |
| 2008 | 9.1% | -19.9% |
| 2009 | -13.7% | -249.7% |
| 2010 | 21.2% | -255.0% |
| 2011 | 9.7% | -54.2% |
| 2012 | 3.4% | -65.1% |
| 2013 | 3.8% | +11.7% |
| 2014 | 0.4% | -89.2% |
| 2015 | -2.0% | -590.8% |
| 2016 | -2.2% | +10.5% |
| 2017 | 5.8% | -359.9% |
| 2018 | 5.0% | -13.0% |
| 2019 | -1.1% | -121.5% |
| 2020 | -13.2% | +1120.0% |
| 2021 | 18.4% | -239.7% |
| 2022 | 7.8% | -57.7% |
| 2023 | 0.4% | -95.3% |
| 2024 | 4.8% | +1190.3% |
Biggest year-on-year movements
Years where Annual growth of imports 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 |
|---|---|---|---|
| 2024 | +1190.3% | 0.4% | 4.8% |
| 2020 | -1120.0% | -1.1% | -13.2% |
| 2002 | -965.7% | 0.5% | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.0% | -13.7% | 12.7% | 10 |
| 2010s | 4.4% | -2.2% | 21.2% | 10 |
| 2020s | 3.6% | -13.2% | 18.4% | 5 |
Countries ranked near Latin America and the Caribbean
More economy & growth data for Latin America and the Caribbean
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- 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)
- Gross Domestic Product, GDP in millions constant 2021 international $ 2.62 % change on previous year (2027)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 32.96 Percentage of GDP (2028)
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- 2.5.2 Number of transboundary breeds (not extinct) — Value 340 No (2025)
- 2.5.2 Number of transboundary breeds with unknown risk status — Value 182 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)
Frequently asked questions
- What is annual growth of imports of goods and services in Latin America and the Caribbean?
- Annual growth of imports of goods and services in Latin America and the Caribbean was 4.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Latin America and the Caribbean?
- The highest recorded value was 21.2% in 2010.
- What is the lowest annual growth of imports of goods and services recorded in Latin America and the Caribbean?
- The lowest recorded value was -13.7% in 2009.
- How does Latin America and the Caribbean rank for annual growth of imports of goods and services?
- Latin America and the Caribbean ranks 13th out of 32 groups with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Latin America and the Caribbean?
- Over the last ten years it is up 1,061.2%. 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 imports of goods and services (%). Statizoid updates them automatically from the source API.
Download this data
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