General government final consumption expenditure (constant 2015 US$) in Latin America & Caribbean

Latin America & Caribbean: General government final consumption expenditure (constant 2015 US$) was 48,295 constant 2015 US$ per square kilometre in 2023. ◆ Volatile

Latest (2023)
48,295 constant 2015 US$ per square kilometre
Change on year
up 2.4%
Rank
17th
of 33 groups
All-time high
48,295 constant 2015 US$ per square kilometre
in 2023
All-time low
5,604 constant 2015 US$ per square kilometre
in 1961
Years of data
63
1961–2023

General government final consumption expenditure (constant 2015 US$) in Latin America & Caribbean, 1961–2023

10.0k20.0k30.0k40.0k50.0k196119922023

Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.

Analysis

Latin America & Caribbean recorded 48,295 constant 2015 US$ per square kilometre for general government final consumption expenditure (constant 2015 us$) in 2023. That is the highest value across all 63 years on record.

The figure is up 2.4% on the previous year and up 14.6% over ten years.

Over the whole period, general government final consumption expenditure (constant 2015 us$) in Latin America & Caribbean peaked at 48,295 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 5,604 constant 2015 US$ per square kilometre, in 1961.

That places Latin America & Caribbean 17th out of 33 groups with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

General government final consumption expenditure (constant 2015 US$) in Latin America & Caribbean, year by year

Annual values for General government final consumption expenditure (constant 2015 US$), per square kilometre in Latin America & Caribbean, 1961 to 2023.
Year constant 2015 US$ per square kilometre Change
1961 5,604 constant 2015 US$ per square kilometre
1962 5,862 constant 2015 US$ per square kilometre +4.6%
1963 6,288 constant 2015 US$ per square kilometre +7.3%
1964 6,375 constant 2015 US$ per square kilometre +1.4%
1965 6,611 constant 2015 US$ per square kilometre +3.7%
1966 6,990 constant 2015 US$ per square kilometre +5.7%
1967 7,509 constant 2015 US$ per square kilometre +7.4%
1968 8,008 constant 2015 US$ per square kilometre +6.6%
1969 8,577 constant 2015 US$ per square kilometre +7.1%
1970 9,218 constant 2015 US$ per square kilometre +7.5%
1971 10,106 constant 2015 US$ per square kilometre +9.6%
1972 10,926 constant 2015 US$ per square kilometre +8.1%
1973 12,000 constant 2015 US$ per square kilometre +9.8%
1974 12,448 constant 2015 US$ per square kilometre +3.7%
1975 13,878 constant 2015 US$ per square kilometre +11.5%
1976 14,791 constant 2015 US$ per square kilometre +6.6%
1977 14,603 constant 2015 US$ per square kilometre -1.3%
1978 15,462 constant 2015 US$ per square kilometre +5.9%
1979 16,629 constant 2015 US$ per square kilometre +7.6%
1980 13,313 constant 2015 US$ per square kilometre -19.9%
1981 14,001 constant 2015 US$ per square kilometre +5.2%
1982 14,713 constant 2015 US$ per square kilometre +5.1%
1983 14,668 constant 2015 US$ per square kilometre -0.3%
1984 14,781 constant 2015 US$ per square kilometre +0.8%
1985 16,029 constant 2015 US$ per square kilometre +8.4%
1986 17,065 constant 2015 US$ per square kilometre +6.5%
1987 18,201 constant 2015 US$ per square kilometre +6.7%
1988 18,705 constant 2015 US$ per square kilometre +2.8%
1989 20,329 constant 2015 US$ per square kilometre +8.7%
1990 22,409 constant 2015 US$ per square kilometre +10.2%
1991 21,842 constant 2015 US$ per square kilometre -2.5%
1992 21,547 constant 2015 US$ per square kilometre -1.3%
1993 22,698 constant 2015 US$ per square kilometre +5.3%
1994 23,694 constant 2015 US$ per square kilometre +4.4%
1995 26,202 constant 2015 US$ per square kilometre +10.6%
1996 26,359 constant 2015 US$ per square kilometre +0.6%
1997 27,290 constant 2015 US$ per square kilometre +3.5%
1998 28,041 constant 2015 US$ per square kilometre +2.8%
1999 28,832 constant 2015 US$ per square kilometre +2.8%
2000 29,115 constant 2015 US$ per square kilometre +1.0%
2001 29,321 constant 2015 US$ per square kilometre +0.7%
2002 29,845 constant 2015 US$ per square kilometre +1.8%
2003 30,244 constant 2015 US$ per square kilometre +1.3%
2004 31,111 constant 2015 US$ per square kilometre +2.9%
2005 32,275 constant 2015 US$ per square kilometre +3.7%
2006 33,497 constant 2015 US$ per square kilometre +3.8%
2007 34,980 constant 2015 US$ per square kilometre +4.4%
2008 35,974 constant 2015 US$ per square kilometre +2.8%
2009 37,414 constant 2015 US$ per square kilometre +4.0%
2010 38,779 constant 2015 US$ per square kilometre +3.6%
2011 39,922 constant 2015 US$ per square kilometre +2.9%
2012 41,040 constant 2015 US$ per square kilometre +2.8%
2013 42,125 constant 2015 US$ per square kilometre +2.6%
2014 43,013 constant 2015 US$ per square kilometre +2.1%
2015 43,627 constant 2015 US$ per square kilometre +1.4%
2016 44,026 constant 2015 US$ per square kilometre +0.9%
2017 44,483 constant 2015 US$ per square kilometre +1.0%
2018 45,185 constant 2015 US$ per square kilometre +1.6%
2019 44,958 constant 2015 US$ per square kilometre -0.5%
2020 44,043 constant 2015 US$ per square kilometre -2.0%
2021 46,150 constant 2015 US$ per square kilometre +4.8%
2022 47,163 constant 2015 US$ per square kilometre +2.2%
2023 48,295 constant 2015 US$ per square kilometre +2.4%

Averages by decade

DecadeAverage LowestHighest Years
1960s 6,869 constant 2015 US$ per square kilometre 5,604 constant 2015 US$ per square kilometre 8,577 constant 2015 US$ per square kilometre 9
1970s 13,006 constant 2015 US$ per square kilometre 9,218 constant 2015 US$ per square kilometre 16,629 constant 2015 US$ per square kilometre 10
1980s 16,180 constant 2015 US$ per square kilometre 13,313 constant 2015 US$ per square kilometre 20,329 constant 2015 US$ per square kilometre 10
1990s 24,891 constant 2015 US$ per square kilometre 21,547 constant 2015 US$ per square kilometre 28,832 constant 2015 US$ per square kilometre 10
2000s 32,378 constant 2015 US$ per square kilometre 29,115 constant 2015 US$ per square kilometre 37,414 constant 2015 US$ per square kilometre 10
2010s 42,716 constant 2015 US$ per square kilometre 38,779 constant 2015 US$ per square kilometre 45,185 constant 2015 US$ per square kilometre 10
2020s 46,413 constant 2015 US$ per square kilometre 44,043 constant 2015 US$ per square kilometre 48,295 constant 2015 US$ per square kilometre 4

Countries ranked near Latin America & Caribbean

  1. 14 Maldives 2.79 million constant 2015 US$ per square kilometre compare
  2. 15 Qatar 2.72 million constant 2015 US$ per square kilometre compare
  3. 16 Japan 2.70 million constant 2015 US$ per square kilometre compare
  4. 17 United Kingdom of Great Britain and Northern Ireland 2.70 million constant 2015 US$ per square kilometre compare
  5. 18 Switzerland 2.34 million constant 2015 US$ per square kilometre compare
  6. 19 Germany 2.30 million constant 2015 US$ per square kilometre compare
  7. 20 Kuwait 2.05 million constant 2015 US$ per square kilometre compare

See the full ranking of 199 places →

More economy & growth data for Latin America & Caribbean

All data for Latin America & Caribbean →

Frequently asked questions

What is general government final consumption expenditure (constant 2015 us$) in Latin America & Caribbean?
General government final consumption expenditure (constant 2015 us$) in Latin America & Caribbean was 48,295 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest general government final consumption expenditure (constant 2015 us$) recorded in Latin America & Caribbean?
The highest recorded value was 48,295 constant 2015 US$ per square kilometre in 2023.
What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in Latin America & Caribbean?
The lowest recorded value was 5,604 constant 2015 US$ per square kilometre in 1961.
How does Latin America & Caribbean rank for general government final consumption expenditure (constant 2015 us$)?
Latin America & Caribbean ranks 17th out of 33 groups with data for 2023.
Is general government final consumption expenditure (constant 2015 us$) rising or falling in Latin America & Caribbean?
Over the last ten years it is up 14.6%. 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 General government final consumption expenditure (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.

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General government final consumption expenditure (constant 2015 US$) in Latin America & Caribbean. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-constant-2015-us-per-square-kilometre/latin-america-and-caribbean/

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How this figure is calculated

General government final consumption expenditure (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

General government final consumption expenditure (constant 2015 US$) ÷ Land area (sq. km)

Computed from

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

Indicator
General government final consumption expenditure (constant 2015 US$), per square kilometre
Unit
constant 2015 US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
199 places, 8,054 data points, 1961–2023
Last refreshed

General government final consumption expenditure (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.