Gross national expenditure (constant 2015 US$), annual growth rate in Latin America & Caribbean (excluding high income)

Latin America & Caribbean (excluding high income): Gross national expenditure (constant 2015 US$), annual growth rate was 2.44 % change on previous year in 2025. ◆ Volatile

Latest (2025)
2.44 % change on previous year
Change on year
down 10.6%
Rank
33rd
of 41 groups
All-time high
9.65 % change on previous year
in 1973
All-time low
-7.68 % change on previous year
in 2020
Years of data
55
1971–2025

Gross national expenditure (constant 2015 US$), annual growth rate in Latin America & Caribbean (excluding high income), 1971–2025

-10-50510197119982025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, gross national expenditure (constant 2015 us$), annual growth rate in Latin America & Caribbean (excluding high income) stood at 2.44 % change on previous year.

That represents a change of down 10.6% on the previous year and up 398.0% over ten years.

Over the whole period, gross national expenditure (constant 2015 us$), annual growth rate in Latin America & Caribbean (excluding high income) peaked at 9.65 % change on previous year in 1973 and was at its lowest, -7.68 % change on previous year, in 2020.

That places Latin America & Caribbean (excluding high income) 33rd out of 41 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.

Gross national expenditure (constant 2015 US$), annual growth rate in Latin America & Caribbean (excluding high income), year by year

Annual values for Gross national expenditure (constant 2015 US$), annual growth rate in Latin America & Caribbean (excluding high income), 1971 to 2025.
Year % change on previous year Change
1971 7.18 % change on previous year
1972 7.45 % change on previous year +3.7%
1973 9.65 % change on previous year +29.6%
1974 8.61 % change on previous year -10.8%
1975 3.96 % change on previous year -53.9%
1976 5.07 % change on previous year +28.0%
1977 3.79 % change on previous year -25.2%
1978 3.84 % change on previous year +1.2%
1979 7.2 % change on previous year +87.4%
1980 7.95 % change on previous year +10.4%
1981 0.1689 % change on previous year -97.9%
1982 -2.89 % change on previous year -1808.3%
1983 -6.17 % change on previous year +113.7%
1984 3.21 % change on previous year -152.1%
1985 3.26 % change on previous year +1.4%
1986 4.88 % change on previous year +49.9%
1987 2.2 % change on previous year -54.9%
1988 -0.2125 % change on previous year -109.6%
1989 0.8568 % change on previous year -503.2%
1990 0.402 % change on previous year -53.1%
1991 4.6 % change on previous year +1043.9%
1992 3.75 % change on previous year -18.4%
1993 3.42 % change on previous year -8.9%
1994 6.88 % change on previous year +101.5%
1995 -0.0732 % change on previous year -101.1%
1996 3.51 % change on previous year -4890.2%
1997 6.49 % change on previous year +85.1%
1998 2.6 % change on previous year -60.0%
1999 -0.7588 % change on previous year -129.2%
2000 4.04 % change on previous year -633.0%
2001 -0.1364 % change on previous year -103.4%
2002 -1.13 % change on previous year +731.1%
2003 1.6 % change on previous year -241.0%
2004 5.34 % change on previous year +234.1%
2005 3.97 % change on previous year -25.6%
2006 6.74 % change on previous year +69.7%
2007 6.78 % change on previous year +0.6%
2008 5.49 % change on previous year -19.1%
2009 -3.25 % change on previous year -159.2%
2010 8.3 % change on previous year -355.9%
2011 5.87 % change on previous year -29.3%
2012 2.38 % change on previous year -59.4%
2013 3.13 % change on previous year +31.4%
2014 0.7882 % change on previous year -74.8%
2015 -0.8202 % change on previous year -204.1%
2016 -1.73 % change on previous year +110.6%
2017 1.9 % change on previous year -210.2%
2018 1.26 % change on previous year -33.9%
2019 -0.2576 % change on previous year -120.5%
2020 -7.68 % change on previous year +2882.6%
2021 8.68 % change on previous year -213.0%
2022 4.57 % change on previous year -47.3%
2023 2.1 % change on previous year -54.1%
2024 2.73 % change on previous year +30.1%
2025 2.44 % change on previous year -10.6%

Biggest year-on-year movements

Years where Gross national expenditure (constant 2015 US$), annual growth rate in Latin America & Caribbean (excluding high income) 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.

YearChange FromTo
1996 +4890.2% -0.0732 % change on previous year 3.51 % change on previous year
2020 -2882.6% -0.2576 % change on previous year -7.68 % change on previous year
1982 -1808.3% 0.1689 % change on previous year -2.89 % change on previous year
1991 +1043.9% 0.402 % change on previous year 4.6 % change on previous year
2002 -731.1% -0.1364 % change on previous year -1.13 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 6.31 % change on previous year 3.79 % change on previous year 9.65 % change on previous year 9
1980s 1.33 % change on previous year -6.17 % change on previous year 7.95 % change on previous year 10
1990s 3.08 % change on previous year -0.7588 % change on previous year 6.88 % change on previous year 10
2000s 2.95 % change on previous year -3.25 % change on previous year 6.78 % change on previous year 10
2010s 2.08 % change on previous year -1.73 % change on previous year 8.3 % change on previous year 10
2020s 2.14 % change on previous year -7.68 % change on previous year 8.68 % change on previous year 6

Countries ranked near Latin America & Caribbean (excluding high income)

  1. 30 Georgia 6.99 % change on previous year compare
  2. 31 Algeria 6.98 % change on previous year compare
  3. 32 Tanzania, United Republic of 6.94 % change on previous year compare
  4. 33 Cameroon 6.76 % change on previous year compare
  5. 34 Bahamas 6.73 % change on previous year compare
  6. 35 Solomon Islands 6.71 % change on previous year compare
  7. 36 Latvia 6.59 % change on previous year compare

See the full ranking of 204 places →

More economy & growth data for Latin America & Caribbean (excluding high income)

All data for Latin America & Caribbean (excluding high income) →

Frequently asked questions

What is gross national expenditure (constant 2015 us$), annual growth rate in Latin America & Caribbean (excluding high income)?
Gross national expenditure (constant 2015 us$), annual growth rate in Latin America & Caribbean (excluding high income) was 2.44 % change on previous year in 2025, according to Statizoid (derived).
What is the highest gross national expenditure (constant 2015 us$), annual growth rate recorded in Latin America & Caribbean (excluding high income)?
The highest recorded value was 9.65 % change on previous year in 1973.
What is the lowest gross national expenditure (constant 2015 us$), annual growth rate recorded in Latin America & Caribbean (excluding high income)?
The lowest recorded value was -7.68 % change on previous year in 2020.
How does Latin America & Caribbean (excluding high income) rank for gross national expenditure (constant 2015 us$), annual growth rate?
Latin America & Caribbean (excluding high income) ranks 33rd out of 41 groups with data for 2025.
Is gross national expenditure (constant 2015 us$), annual growth rate rising or falling in Latin America & Caribbean (excluding high income)?
Over the last ten years it is up 398.0%. The long-run trend across the full record is volatile.
Where does this Latin America & Caribbean (excluding high income) data come from?
The figures come from Statizoid (derived), published as part of Gross national expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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Gross national expenditure (constant 2015 US$), annual growth rate in Latin America & Caribbean (excluding high income). Statizoid, drawing on Statizoid (derived). Retrieved 15 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-constant-2015-us-annual-growth-rate/latin-america-and-caribbean-excluding-high-income/

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<a href="https://economy.statizoid.com/stat/gross-national-expenditure-constant-2015-us-annual-growth-rate/latin-america-and-caribbean-excluding-high-income/">Gross national expenditure (constant 2015 US$), annual growth rate in Latin America & Caribbean (excluding high income)</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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
Gross national expenditure (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 8,205 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.