GDP (constant 2015 US$), annual growth rate in Latin America & Caribbean
Latin America & Caribbean: GDP (constant 2015 US$), annual growth rate was 2.32 % change on previous year in 2025. ◆ Volatile
GDP (constant 2015 US$), annual growth rate in Latin America & Caribbean, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latin America & Caribbean recorded 2.32 % change on previous year for gdp (constant 2015 us$), annual growth rate in 2025.
That represents a change of up 3.0% on the previous year and up 867.6% over ten years.
Over the whole period, gdp (constant 2015 us$), annual growth rate in Latin America & Caribbean peaked at 7.95 % change on previous year in 1973 and was at its lowest, -6.86 % change on previous year, in 2020.
That places Latin America & Caribbean 37th out of 45 groups with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant 2015 US$), annual growth rate in Latin America & Caribbean, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 6.02 % change on previous year | — |
| 1962 | 4.5 % change on previous year | -25.2% |
| 1963 | 2.15 % change on previous year | -52.2% |
| 1964 | 7.46 % change on previous year | +246.8% |
| 1965 | 5.59 % change on previous year | -25.1% |
| 1966 | 4.78 % change on previous year | -14.5% |
| 1967 | 4.27 % change on previous year | -10.7% |
| 1968 | 7.12 % change on previous year | +66.8% |
| 1969 | 6.57 % change on previous year | -7.7% |
| 1970 | 6.58 % change on previous year | +0.2% |
| 1971 | 6.65 % change on previous year | +0.9% |
| 1972 | 6.94 % change on previous year | +4.4% |
| 1973 | 7.95 % change on previous year | +14.6% |
| 1974 | 6.07 % change on previous year | -23.7% |
| 1975 | 3.59 % change on previous year | -40.8% |
| 1976 | 5.5 % change on previous year | +53.4% |
| 1977 | 4.92 % change on previous year | -10.6% |
| 1978 | 4.45 % change on previous year | -9.6% |
| 1979 | 7.15 % change on previous year | +60.6% |
| 1980 | 6.26 % change on previous year | -12.4% |
| 1981 | 1.15 % change on previous year | -81.6% |
| 1982 | -0.0901 % change on previous year | -107.8% |
| 1983 | -2.52 % change on previous year | +2694.1% |
| 1984 | 3.92 % change on previous year | -255.7% |
| 1985 | 3.04 % change on previous year | -22.5% |
| 1986 | 3.55 % change on previous year | +17.0% |
| 1987 | 3.35 % change on previous year | -5.9% |
| 1988 | 0.7935 % change on previous year | -76.3% |
| 1989 | 1.21 % change on previous year | +52.7% |
| 1990 | -0.1743 % change on previous year | -114.4% |
| 1991 | 3.18 % change on previous year | -1922.7% |
| 1992 | 2.67 % change on previous year | -15.8% |
| 1993 | 4.27 % change on previous year | +59.6% |
| 1994 | 5.04 % change on previous year | +18.1% |
| 1995 | 0.9478 % change on previous year | -81.2% |
| 1996 | 3.9 % change on previous year | +311.1% |
| 1997 | 5.46 % change on previous year | +40.2% |
| 1998 | 2.93 % change on previous year | -46.3% |
| 1999 | 0.5355 % change on previous year | -81.7% |
| 2000 | 3.62 % change on previous year | +576.5% |
| 2001 | 0.532 % change on previous year | -85.3% |
| 2002 | 0.2181 % change on previous year | -59.0% |
| 2003 | 2.21 % change on previous year | +913.8% |
| 2004 | 5.72 % change on previous year | +158.7% |
| 2005 | 4.09 % change on previous year | -28.5% |
| 2006 | 5.26 % change on previous year | +28.6% |
| 2007 | 5.29 % change on previous year | +0.5% |
| 2008 | 3.69 % change on previous year | -30.2% |
| 2009 | -2.3 % change on previous year | -162.4% |
| 2010 | 6.15 % change on previous year | -367.2% |
| 2011 | 4.4 % change on previous year | -28.5% |
| 2012 | 2.65 % change on previous year | -39.8% |
| 2013 | 2.72 % change on previous year | +2.7% |
| 2014 | 1.2 % change on previous year | -56.0% |
| 2015 | 0.2399 % change on previous year | -80.0% |
| 2016 | -0.7311 % change on previous year | -404.7% |
| 2017 | 1.55 % change on previous year | -312.5% |
| 2018 | 1.22 % change on previous year | -21.3% |
| 2019 | 0.3174 % change on previous year | -74.0% |
| 2020 | -6.86 % change on previous year | -2261.4% |
| 2021 | 7.08 % change on previous year | -203.2% |
| 2022 | 4.09 % change on previous year | -42.2% |
| 2023 | 2.21 % change on previous year | -46.1% |
| 2024 | 2.25 % change on previous year | +2.2% |
| 2025 | 2.32 % change on previous year | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.38 % change on previous year | 2.15 % change on previous year | 7.46 % change on previous year | 9 |
| 1970s | 5.98 % change on previous year | 3.59 % change on previous year | 7.95 % change on previous year | 10 |
| 1980s | 2.07 % change on previous year | -2.52 % change on previous year | 6.26 % change on previous year | 10 |
| 1990s | 2.88 % change on previous year | -0.1743 % change on previous year | 5.46 % change on previous year | 10 |
| 2000s | 2.83 % change on previous year | -2.3 % change on previous year | 5.72 % change on previous year | 10 |
| 2010s | 1.97 % change on previous year | -0.7311 % change on previous year | 6.15 % change on previous year | 10 |
| 2020s | 1.85 % change on previous year | -6.86 % change on previous year | 7.08 % change on previous year | 6 |
Countries ranked near Latin America & Caribbean
- 34 Palau 6.29 % change on previous year compare
- 35 Ghana 5.95 % change on previous year compare
- 36 Gambia 5.89 % change on previous year compare
- 37 Tanzania, United Republic of 5.85 % change on previous year compare
- 38 Guinea-Bissau 5.82 % change on previous year compare
- 39 Seychelles 5.8 % change on previous year compare
- 40 Congo, Democratic Republic of the 5.76 % change on previous year compare
More economy & growth data for Latin America & Caribbean
- Industry (including construction), value added 30.3% (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Services, value added (current US$), per capita 7,567 current US$ per person (2025)
- Manufacturing, value added 957.00 billion constant 2015 US$ (2025)
- Services, value added (constant 2015 US$), annual growth rate 2.38 % change on previous year (2025)
- Industry (including construction), value added 2.24 trillion current US$ (2025)
- Industry (including construction), value added 1.67 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 1.2% (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.22 % change on previous year (2025)
- Services, value added (constant 2015 US$), per capita 6,555 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gdp (constant 2015 us$), annual growth rate in Latin America & Caribbean?
- Gdp (constant 2015 us$), annual growth rate in Latin America & Caribbean was 2.32 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gdp (constant 2015 us$), annual growth rate recorded in Latin America & Caribbean?
- The highest recorded value was 7.95 % change on previous year in 1973.
- What is the lowest gdp (constant 2015 us$), annual growth rate recorded in Latin America & Caribbean?
- The lowest recorded value was -6.86 % change on previous year in 2020.
- How does Latin America & Caribbean rank for gdp (constant 2015 us$), annual growth rate?
- Latin America & Caribbean ranks 37th out of 45 groups with data for 2025.
- Is gdp (constant 2015 us$), annual growth rate rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 867.6%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in GDP (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.