Annual growth of imports of goods and services in South America
South America: Annual growth of imports of goods and services was 6.8% in 2024. ◆ Volatile
Annual growth of imports of goods and services in South America, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual growth of imports of goods and services in South America is 6.8%, measured in 2024.
The figure is up 338.4% on the previous year and up 325.3% over ten years.
Over the whole period, annual growth of imports of goods and services in South America peaked at 25.9% in 2010 and was at its lowest, -13.9%, in 2020.
That places South America 4th out of 32 groups with data for 2024, putting it in the top 10%.
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 South America, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.7% | — |
| 2001 | 1.5% | -80.7% |
| 2002 | -13.0% | -978.7% |
| 2003 | 3.6% | -127.6% |
| 2004 | 16.2% | +352.7% |
| 2005 | 12.8% | -21.4% |
| 2006 | 16.0% | +25.0% |
| 2007 | 18.0% | +12.8% |
| 2008 | 14.3% | -20.5% |
| 2009 | -11.9% | -182.9% |
| 2010 | 25.9% | -318.8% |
| 2011 | 12.9% | -50.4% |
| 2012 | 3.5% | -72.9% |
| 2013 | 4.5% | +29.0% |
| 2014 | -3.0% | -167.3% |
| 2015 | -7.8% | +158.3% |
| 2016 | -6.7% | -14.6% |
| 2017 | 6.4% | -196.4% |
| 2018 | 5.1% | -21.3% |
| 2019 | -1.5% | -128.7% |
| 2020 | -13.9% | +855.4% |
| 2021 | 20.1% | -244.6% |
| 2022 | 6.8% | -66.1% |
| 2023 | -2.9% | -142.0% |
| 2024 | 6.8% | -338.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.5% | -13.0% | 18.0% | 10 |
| 2010s | 3.9% | -7.8% | 25.9% | 10 |
| 2020s | 3.4% | -13.9% | 20.1% | 5 |
Countries ranked near South America
More economy & growth data for South America
- Gross Domestic Product, GDP in millions constant 2021 international $ 9.17 million (2027)
- Gross Fixed Capital Formation — Value US$ 753,486 million USD (2024)
- Gross Domestic Product — Value US$ 4.35 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 9,997 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 9,035 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.93 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 2.44 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 1.83 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.12 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 0.8744 % change on previous year (2024)
Frequently asked questions
- What is annual growth of imports of goods and services in South America?
- Annual growth of imports of goods and services in South America was 6.8% 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 South America?
- The highest recorded value was 25.9% in 2010.
- What is the lowest annual growth of imports of goods and services recorded in South America?
- The lowest recorded value was -13.9% in 2020.
- How does South America rank for annual growth of imports of goods and services?
- South America ranks 4th out of 32 groups with data for 2024.
- Is annual growth of imports of goods and services rising or falling in South America?
- Over the last ten years it is up 325.3%. 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 imports of goods and services (%). Statizoid updates them automatically from the source API.
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