GDP growth in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): GDP growth was 2.4% in 2025. ◆ Volatile
GDP growth in Latin America & the Caribbean (IDA & IBRD countries), 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 2.4% for gdp growth in 2025.
The figure is up 3.4% on the previous year and up 1,143.5% over ten years.
Over the whole period, gdp growth in Latin America & the Caribbean (IDA & IBRD countries) peaked at 8.1% in 1973 and was at its lowest, -6.8%, in 2020.
That places Latin America & the Caribbean (IDA & IBRD countries) 36th out of 47 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 growth in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 6.0% | — |
| 1962 | 4.4% | -26.5% |
| 1963 | 2.0% | -55.1% |
| 1964 | 7.5% | +278.0% |
| 1965 | 5.5% | -26.5% |
| 1966 | 4.7% | -14.3% |
| 1967 | 4.2% | -10.6% |
| 1968 | 7.2% | +70.7% |
| 1969 | 6.5% | -9.4% |
| 1970 | 6.6% | +1.6% |
| 1971 | 6.6% | +0.6% |
| 1972 | 7.0% | +5.7% |
| 1973 | 8.1% | +15.2% |
| 1974 | 6.3% | -21.8% |
| 1975 | 3.6% | -42.4% |
| 1976 | 5.5% | +50.7% |
| 1977 | 4.8% | -12.3% |
| 1978 | 4.3% | -10.2% |
| 1979 | 7.2% | +66.5% |
| 1980 | 6.5% | -9.4% |
| 1981 | 0.9% | -86.6% |
| 1982 | -0.3% | -128.8% |
| 1983 | -2.7% | +980.8% |
| 1984 | 3.7% | -238.1% |
| 1985 | 3.1% | -18.1% |
| 1986 | 3.6% | +17.7% |
| 1987 | 3.4% | -5.4% |
| 1988 | 0.6% | -82.9% |
| 1989 | 1.1% | +90.9% |
| 1990 | -0.0% | -103.0% |
| 1991 | 3.5% | -10500.6% |
| 1992 | 2.9% | -17.4% |
| 1993 | 4.6% | +57.2% |
| 1994 | 5.1% | +11.9% |
| 1995 | 0.8% | -84.0% |
| 1996 | 3.9% | +375.2% |
| 1997 | 5.5% | +42.0% |
| 1998 | 2.9% | -47.7% |
| 1999 | 0.3% | -89.4% |
| 2000 | 3.6% | +1077.3% |
| 2001 | 0.3% | -91.3% |
| 2002 | 0.2% | -45.3% |
| 2003 | 2.3% | +1223.3% |
| 2004 | 5.6% | +148.3% |
| 2005 | 4.2% | -25.7% |
| 2006 | 5.4% | +28.2% |
| 2007 | 5.5% | +1.5% |
| 2008 | 3.9% | -29.4% |
| 2009 | -2.3% | -160.9% |
| 2010 | 6.4% | -373.4% |
| 2011 | 4.6% | -28.9% |
| 2012 | 2.7% | -40.5% |
| 2013 | 2.8% | +3.2% |
| 2014 | 1.2% | -55.5% |
| 2015 | 0.2% | -84.8% |
| 2016 | -0.7% | -495.3% |
| 2017 | 1.6% | -316.5% |
| 2018 | 1.3% | -19.3% |
| 2019 | 0.3% | -77.4% |
| 2020 | -6.8% | -2397.6% |
| 2021 | 7.3% | -207.3% |
| 2022 | 4.1% | -43.3% |
| 2023 | 2.3% | -44.7% |
| 2024 | 2.3% | -0.1% |
| 2025 | 2.4% | +3.4% |
Biggest year-on-year movements
Years where GDP growth in Latin America & the Caribbean (IDA & IBRD countries) 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 |
|---|---|---|---|
| 1991 | +10500.6% | -0.0% | 3.5% |
| 2020 | -2397.6% | 0.3% | -6.8% |
| 2003 | +1223.3% | 0.2% | 2.3% |
| 2000 | +1077.3% | 0.3% | 3.6% |
| 1983 | -980.8% | -0.3% | -2.7% |
| 2016 | -495.3% | 0.2% | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.3% | 2.0% | 7.5% | 9 |
| 1970s | 6.0% | 3.6% | 8.1% | 10 |
| 1980s | 2.0% | -2.7% | 6.5% | 10 |
| 1990s | 3.0% | -0.0% | 5.5% | 10 |
| 2000s | 2.9% | -2.3% | 5.6% | 10 |
| 2010s | 2.0% | -0.7% | 6.4% | 10 |
| 2020s | 1.9% | -6.8% | 7.3% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 33 Cape Verde 6.3% compare
- 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
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is gdp growth in Latin America & the Caribbean (IDA & IBRD countries)?
- Gdp growth in Latin America & the Caribbean (IDA & IBRD countries) was 2.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 8.1% in 1973.
- What is the lowest gdp growth recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was -6.8% in 2020.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for gdp growth?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 36th out of 47 groups with data for 2025.
- Is gdp growth rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 1,143.5%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.