Cash surplus/deficit as a proportion of GDP in Latin America and the Caribbean
Latin America and the Caribbean: Cash surplus/deficit as a proportion of GDP was -27.6% in 2023. ▼ Falling
Cash surplus/deficit as a proportion of GDP in Latin America and the Caribbean, 2010–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, cash surplus/deficit as a proportion of gdp in Latin America and the Caribbean stood at -27.6%.
The figure is down 1.2% on the previous year and down 9.4% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in Latin America and the Caribbean peaked at -24.2% in 2010 and was at its lowest, -29.3%, in 2020.
Latin America and the Caribbean ranks 16th of 27 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 14 years of available data.
Cash surplus/deficit as a proportion of GDP in Latin America and the Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | -24.2% | — |
| 2011 | -24.5% | +0.9% |
| 2012 | -24.4% | -0.1% |
| 2013 | -25.2% | +3.2% |
| 2014 | -25.4% | +0.9% |
| 2015 | -27.2% | +6.9% |
| 2016 | -27.2% | -0.1% |
| 2017 | -26.3% | -3.2% |
| 2018 | -26.3% | +0.1% |
| 2019 | -26.0% | -1.1% |
| 2020 | -29.3% | +12.7% |
| 2021 | -26.4% | -9.8% |
| 2022 | -27.3% | +3.1% |
| 2023 | -27.6% | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -25.7% | -27.2% | -24.2% | 10 |
| 2020s | -27.6% | -29.3% | -26.4% | 4 |
Countries ranked near Latin America and the Caribbean
- 13 Zimbabwe -11.0% compare
- 14 Tajikistan -11.0% compare
- 15 Equatorial Guinea -11.0% compare
- 16 Madagascar -11.2% compare
- 17 Central African Republic -11.7% compare
- 18 Burundi -12.2% compare
- 19 Mali -12.2% compare
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 cash surplus/deficit as a proportion of gdp in Latin America and the Caribbean?
- Cash surplus/deficit as a proportion of gdp in Latin America and the Caribbean was -27.6% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest cash surplus/deficit as a proportion of gdp recorded in Latin America and the Caribbean?
- The highest recorded value was -24.2% in 2010.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Latin America and the Caribbean?
- The lowest recorded value was -29.3% in 2020.
- How does Latin America and the Caribbean rank for cash surplus/deficit as a proportion of gdp?
- Latin America and the Caribbean ranks 16th out of 27 groups with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Latin America and the Caribbean?
- Over the last ten years it is down 9.4%. The long-run trend across the full record is falling.
- 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 Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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