Gross national expenditure (constant 2015 US$), annual growth rate in Latin America & Caribbean
Latin America & Caribbean: Gross national expenditure (constant 2015 US$), annual growth rate was 2.56 % change on previous year in 2025. ◆ Volatile
Latest (2025)
2.56 % change on previous year
Change on year
down 0.2%
Rank
31st
of 41 groups
All-time high
9.72 % change on previous year
in 2021
All-time low
-8.06 % change on previous year
in 2020
Years of data
55
1971–2025
Gross national expenditure (constant 2015 US$), annual growth rate in Latin America & Caribbean, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, gross national expenditure (constant 2015 us$), annual growth rate in Latin America & Caribbean stood at 2.56 % change on previous year.
The figure is down 0.2% on the previous year and up 490.3% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), annual growth rate in Latin America & Caribbean peaked at 9.72 % change on previous year in 2021 and was at its lowest, -8.06 % change on previous year, in 2020.
Latin America & Caribbean ranks 31st of 41 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (constant 2015 US$), annual growth rate in Latin America & Caribbean, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.15 % change on previous year | — |
| 1972 | 7.16 % change on previous year | +0.2% |
| 1973 | 8.9 % change on previous year | +24.3% |
| 1974 | 7.63 % change on previous year | -14.3% |
| 1975 | 3.56 % change on previous year | -53.4% |
| 1976 | 6.06 % change on previous year | +70.4% |
| 1977 | 2.87 % change on previous year | -52.7% |
| 1978 | 4.01 % change on previous year | +39.9% |
| 1979 | 7.12 % change on previous year | +77.6% |
| 1980 | 7.73 % change on previous year | +8.5% |
| 1981 | 0.2788 % change on previous year | -96.4% |
| 1982 | -3.41 % change on previous year | -1322.0% |
| 1983 | -6.12 % change on previous year | +79.5% |
| 1984 | 3.26 % change on previous year | -153.4% |
| 1985 | 3.19 % change on previous year | -2.3% |
| 1986 | 4.92 % change on previous year | +54.3% |
| 1987 | 2.58 % change on previous year | -47.6% |
| 1988 | 0.0827 % change on previous year | -96.8% |
| 1989 | 1.18 % change on previous year | +1331.5% |
| 1990 | 0.4785 % change on previous year | -59.6% |
| 1991 | 4.47 % change on previous year | +833.7% |
| 1992 | 4.13 % change on previous year | -7.7% |
| 1993 | 3.67 % change on previous year | -11.1% |
| 1994 | 6.81 % change on previous year | +85.7% |
| 1995 | 0.2305 % change on previous year | -96.6% |
| 1996 | 3.94 % change on previous year | +1607.9% |
| 1997 | 6.59 % change on previous year | +67.4% |
| 1998 | 2.85 % change on previous year | -56.8% |
| 1999 | -0.5971 % change on previous year | -121.0% |
| 2000 | 3.91 % change on previous year | -754.3% |
| 2001 | -0.0475 % change on previous year | -101.2% |
| 2002 | -0.9449 % change on previous year | +1887.4% |
| 2003 | 1.77 % change on previous year | -287.8% |
| 2004 | 5.42 % change on previous year | +205.4% |
| 2005 | 4.25 % change on previous year | -21.5% |
| 2006 | 6.69 % change on previous year | +57.3% |
| 2007 | 6.69 % change on previous year | -0.0% |
| 2008 | 5.54 % change on previous year | -17.2% |
| 2009 | -3.43 % change on previous year | -162.0% |
| 2010 | 8.38 % change on previous year | -344.2% |
| 2011 | 6 % change on previous year | -28.4% |
| 2012 | 2.76 % change on previous year | -53.9% |
| 2013 | 3.1 % change on previous year | +12.0% |
| 2014 | 0.7832 % change on previous year | -74.7% |
| 2015 | -0.656 % change on previous year | -183.8% |
| 2016 | -1.46 % change on previous year | +123.0% |
| 2017 | 2.02 % change on previous year | -238.3% |
| 2018 | 1.46 % change on previous year | -28.0% |
| 2019 | -0.0276 % change on previous year | -101.9% |
| 2020 | -8.06 % change on previous year | +29107.4% |
| 2021 | 9.72 % change on previous year | -220.7% |
| 2022 | 4.58 % change on previous year | -52.9% |
| 2023 | 1.87 % change on previous year | -59.1% |
| 2024 | 2.57 % change on previous year | +37.0% |
| 2025 | 2.56 % change on previous year | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.05 % change on previous year | 2.87 % change on previous year | 8.9 % change on previous year | 9 |
| 1980s | 1.37 % change on previous year | -6.12 % change on previous year | 7.73 % change on previous year | 10 |
| 1990s | 3.26 % change on previous year | -0.5971 % change on previous year | 6.81 % change on previous year | 10 |
| 2000s | 2.98 % change on previous year | -3.43 % change on previous year | 6.69 % change on previous year | 10 |
| 2010s | 2.24 % change on previous year | -1.46 % change on previous year | 8.38 % change on previous year | 10 |
| 2020s | 2.21 % change on previous year | -8.06 % change on previous year | 9.72 % change on previous year | 6 |
Countries ranked near Latin America & Caribbean
- 28 India 7.17 % change on previous year compare
- 29 Egypt 7.11 % change on previous year compare
- 30 Georgia 6.99 % change on previous year compare
- 31 Algeria 6.98 % change on previous year compare
- 32 Tanzania, United Republic of 6.94 % change on previous year compare
- 33 Cameroon 6.76 % change on previous year compare
- 34 Bahamas 6.73 % change on previous year compare
More economy & growth data for Latin America & Caribbean
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,410 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 180.24 billion BoP, current US$ (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -27.55 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 270.38 BoP, current US$ per person (2025)
Frequently asked questions
- What is gross national expenditure (constant 2015 us$), annual growth rate in Latin America & Caribbean?
- Gross national expenditure (constant 2015 us$), annual growth rate in Latin America & Caribbean was 2.56 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), annual growth rate recorded in Latin America & Caribbean?
- The highest recorded value was 9.72 % change on previous year in 2021.
- What is the lowest gross national expenditure (constant 2015 us$), annual growth rate recorded in Latin America & Caribbean?
- The lowest recorded value was -8.06 % change on previous year in 2020.
- How does Latin America & Caribbean rank for gross national expenditure (constant 2015 us$), annual growth rate?
- Latin America & Caribbean ranks 31st out of 41 groups with data for 2025.
- Is gross national expenditure (constant 2015 us$), annual growth rate rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 490.3%. 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 Gross national expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure 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 Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.