Domestic material consumption per unit of GDP, by type of raw material in Latin America and the Caribbean
Latin America and the Caribbean: Domestic material consumption per unit of GDP, by type of raw material was 1.95 in 2024. ▲ Rising
Domestic material consumption per unit of GDP, by type of raw material in Latin America and the Caribbean, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for domestic material consumption per unit of gdp, by type of raw material in Latin America and the Caribbean is 1.95, measured in 2024.
That represents a change of up 3.4% on the previous year and up 147.8% over ten years.
Over the whole period, domestic material consumption per unit of gdp, by type of raw material in Latin America and the Caribbean peaked at 4.85 in 2022 and was at its lowest, 1.58, in 2000.
That places Latin America and the Caribbean 2nd out of 37 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Domestic material consumption per unit of GDP, by type of raw material in Latin America and the Caribbean, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.58 | — |
| 2001 | 1.61 | +1.4% |
| 2002 | 1.63 | +1.5% |
| 2003 | 2.01 | +23.2% |
| 2004 | 1.97 | -2.0% |
| 2005 | 1.92 | -2.7% |
| 2006 | 1.9 | -0.9% |
| 2007 | 1.92 | +1.3% |
| 2008 | 1.9 | -1.2% |
| 2009 | 1.94 | +2.2% |
| 2010 | 1.91 | -1.4% |
| 2011 | 1.98 | +3.4% |
| 2012 | 1.96 | -1.0% |
| 2013 | 1.97 | +0.4% |
| 2014 | 2.08 | +6.0% |
| 2015 | 2.14 | +2.7% |
| 2016 | 2.14 | +0.2% |
| 2017 | 2.25 | +5.1% |
| 2018 | 2.24 | -0.7% |
| 2019 | 2.72 | +21.6% |
| 2020 | 4.55 | +67.5% |
| 2021 | 4.69 | +3.1% |
| 2022 | 4.85 | +3.4% |
| 2023 | 1.97 | -59.4% |
| 2024 | 1.95 | -0.9% |
Biggest year-on-year movements
Years where Domestic material consumption per unit of GDP, by type of raw material 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 | +67.5% | 2.72 | 4.55 |
| 2023 | -59.4% | 4.85 | 1.97 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.84 | 1.58 | 2.01 | 10 |
| 2010s | 2.14 | 1.91 | 2.72 | 10 |
| 2020s | 3.6 | 1.95 | 4.85 | 5 |
Countries ranked near Latin America and the Caribbean
More economy & growth data for Latin America and the Caribbean
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- 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)
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- 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 domestic material consumption per unit of gdp, by type of raw material in Latin America and the Caribbean?
- Domestic material consumption per unit of gdp, by type of raw material in Latin America and the Caribbean was 1.95 in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest domestic material consumption per unit of gdp, by type of raw material recorded in Latin America and the Caribbean?
- The highest recorded value was 4.85 in 2022.
- What is the lowest domestic material consumption per unit of gdp, by type of raw material recorded in Latin America and the Caribbean?
- The lowest recorded value was 1.58 in 2000.
- How does Latin America and the Caribbean rank for domestic material consumption per unit of gdp, by type of raw material?
- Latin America and the Caribbean ranks 2nd out of 37 groups with data for 2024.
- Is domestic material consumption per unit of gdp, by type of raw material rising or falling in Latin America and the Caribbean?
- Over the last ten years it is up 147.8%. The long-run trend across the full record is rising.
- 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 Domestic material consumption per unit of GDP, by type of raw material (kilograms per constant 2020 United States dollars). Statizoid updates them automatically from the source API.
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