GDP growth in Latin America & Caribbean
Latin America & Caribbean: GDP growth was 2.3% in 2025. ◆ Volatile
GDP growth in Latin America & Caribbean, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Latin America & Caribbean recorded 2.3% for gdp growth in 2025.
That represents a change of up 3.0% on the previous year and up 867.9% over ten years.
Over the whole period, gdp growth in Latin America & Caribbean peaked at 8.0% in 1973 and was at its lowest, -6.9%, in 2020.
Latin America & Caribbean ranks 37th of 47 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth in Latin America & Caribbean, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 6.0% | — |
| 1962 | 4.5% | -25.2% |
| 1963 | 2.2% | -52.2% |
| 1964 | 7.5% | +246.8% |
| 1965 | 5.6% | -25.1% |
| 1966 | 4.8% | -14.5% |
| 1967 | 4.3% | -10.7% |
| 1968 | 7.1% | +66.8% |
| 1969 | 6.6% | -7.7% |
| 1970 | 6.6% | +0.2% |
| 1971 | 6.6% | +0.9% |
| 1972 | 6.9% | +4.4% |
| 1973 | 8.0% | +14.6% |
| 1974 | 6.1% | -23.7% |
| 1975 | 3.6% | -40.8% |
| 1976 | 5.5% | +53.4% |
| 1977 | 4.9% | -10.6% |
| 1978 | 4.4% | -9.6% |
| 1979 | 7.1% | +60.6% |
| 1980 | 6.3% | -12.4% |
| 1981 | 1.2% | -81.6% |
| 1982 | -0.1% | -107.8% |
| 1983 | -2.5% | +2694.6% |
| 1984 | 3.9% | -255.7% |
| 1985 | 3.0% | -22.5% |
| 1986 | 3.6% | +17.0% |
| 1987 | 3.3% | -5.9% |
| 1988 | 0.8% | -76.3% |
| 1989 | 1.2% | +52.8% |
| 1990 | -0.2% | -114.4% |
| 1991 | 3.2% | -1920.7% |
| 1992 | 2.7% | -15.8% |
| 1993 | 4.3% | +59.5% |
| 1994 | 5.0% | +18.1% |
| 1995 | 0.9% | -81.2% |
| 1996 | 3.9% | +311.1% |
| 1997 | 5.5% | +40.2% |
| 1998 | 2.9% | -46.3% |
| 1999 | 0.5% | -81.7% |
| 2000 | 3.6% | +576.6% |
| 2001 | 0.5% | -85.3% |
| 2002 | 0.2% | -59.0% |
| 2003 | 2.2% | +913.1% |
| 2004 | 5.7% | +158.8% |
| 2005 | 4.1% | -28.5% |
| 2006 | 5.3% | +28.6% |
| 2007 | 5.3% | +0.5% |
| 2008 | 3.7% | -30.2% |
| 2009 | -2.3% | -162.4% |
| 2010 | 6.2% | -367.2% |
| 2011 | 4.4% | -28.5% |
| 2012 | 2.6% | -39.8% |
| 2013 | 2.7% | +2.7% |
| 2014 | 1.2% | -56.0% |
| 2015 | 0.2% | -80.0% |
| 2016 | -0.7% | -404.8% |
| 2017 | 1.6% | -312.5% |
| 2018 | 1.2% | -21.3% |
| 2019 | 0.3% | -74.0% |
| 2020 | -6.9% | -2261.4% |
| 2021 | 7.1% | -203.2% |
| 2022 | 4.1% | -42.2% |
| 2023 | 2.2% | -46.1% |
| 2024 | 2.3% | +2.2% |
| 2025 | 2.3% | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.4% | 2.2% | 7.5% | 9 |
| 1970s | 6.0% | 3.6% | 8.0% | 10 |
| 1980s | 2.1% | -2.5% | 6.3% | 10 |
| 1990s | 2.9% | -0.2% | 5.5% | 10 |
| 2000s | 2.8% | -2.3% | 5.7% | 10 |
| 2010s | 2.0% | -0.7% | 6.2% | 10 |
| 2020s | 1.8% | -6.9% | 7.1% | 6 |
Countries ranked near Latin America & Caribbean
- 34 Palau 6.3% compare
- 35 Ghana 6.0% compare
- 36 Gambia 5.9% compare
- 37 Tanzania, United Republic of 5.9% compare
- 38 Guinea-Bissau 5.8% compare
- 39 Seychelles 5.8% compare
- 40 Congo, Democratic Republic of the 5.8% 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 growth in Latin America & Caribbean?
- Gdp growth in Latin America & Caribbean was 2.3% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Latin America & Caribbean?
- The highest recorded value was 8.0% in 1973.
- What is the lowest gdp growth recorded in Latin America & Caribbean?
- The lowest recorded value was -6.9% in 2020.
- How does Latin America & Caribbean rank for gdp growth?
- Latin America & Caribbean ranks 37th out of 47 groups with data for 2025.
- Is gdp growth rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 867.9%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.