Gross national expenditure (constant 2015 US$), per unit of GDP in Latin America & the Caribbean (IDA & IBRD countries)

Latin America & the Caribbean (IDA & IBRD countries): Gross national expenditure (constant 2015 US$), per unit of GDP was 0.8457 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.8457 constant 2015 US$ per US$ of GDP
Change on year
down 1.7%
Rank
28th
of 41 groups
All-time high
7.24 constant 2015 US$ per US$ of GDP
in 1970
All-time low
0.8203 constant 2015 US$ per US$ of GDP
in 2011
Years of data
56
1970–2025

Gross national expenditure (constant 2015 US$), per unit of GDP in Latin America & the Caribbean (IDA & IBRD countries), 1970–2025

02468197019972025

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

In 2025, gross national expenditure (constant 2015 us$), per unit of gdp in Latin America & the Caribbean (IDA & IBRD countries) stood at 0.8457 constant 2015 US$ per US$ of GDP.

That represents a change of down 1.7% on the previous year and down 17.2% over ten years.

Over the whole period, gross national expenditure (constant 2015 us$), per unit of gdp in Latin America & the Caribbean (IDA & IBRD countries) peaked at 7.24 constant 2015 US$ per US$ of GDP in 1970 and was at its lowest, 0.8203 constant 2015 US$ per US$ of GDP, in 2011.

Latin America & the Caribbean (IDA & IBRD countries) ranks 28th of 41 groups on this measure, in the middle of the range.

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

Gross national expenditure (constant 2015 US$), per unit of GDP in Latin America & the Caribbean (IDA & IBRD countries), year by year

Annual values for Gross national expenditure (constant 2015 US$), per unit of GDP in Latin America & the Caribbean (IDA & IBRD countries), 1970 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1970 7.24 constant 2015 US$ per US$ of GDP
1971 6.98 constant 2015 US$ per US$ of GDP -3.7%
1972 6.66 constant 2015 US$ per US$ of GDP -4.6%
1973 5.41 constant 2015 US$ per US$ of GDP -18.7%
1974 4.48 constant 2015 US$ per US$ of GDP -17.3%
1975 4.43 constant 2015 US$ per US$ of GDP -1.0%
1976 4.24 constant 2015 US$ per US$ of GDP -4.4%
1977 4 constant 2015 US$ per US$ of GDP -5.5%
1978 3.47 constant 2015 US$ per US$ of GDP -13.2%
1979 3.32 constant 2015 US$ per US$ of GDP -4.3%
1980 2.93 constant 2015 US$ per US$ of GDP -11.7%
1981 2.56 constant 2015 US$ per US$ of GDP -12.8%
1982 2.7 constant 2015 US$ per US$ of GDP +5.4%
1983 2.88 constant 2015 US$ per US$ of GDP +6.9%
1984 2.83 constant 2015 US$ per US$ of GDP -1.8%
1985 2.96 constant 2015 US$ per US$ of GDP +4.5%
1986 3.08 constant 2015 US$ per US$ of GDP +4.2%
1987 2.94 constant 2015 US$ per US$ of GDP -4.5%
1988 2.68 constant 2015 US$ per US$ of GDP -9.0%
1989 2.44 constant 2015 US$ per US$ of GDP -8.9%
1990 2.21 constant 2015 US$ per US$ of GDP -9.4%
1991 2.14 constant 2015 US$ per US$ of GDP -3.3%
1992 2.04 constant 2015 US$ per US$ of GDP -4.6%
1993 1.78 constant 2015 US$ per US$ of GDP -12.7%
1994 1.63 constant 2015 US$ per US$ of GDP -8.5%
1995 1.51 constant 2015 US$ per US$ of GDP -7.3%
1996 1.44 constant 2015 US$ per US$ of GDP -4.6%
1997 1.4 constant 2015 US$ per US$ of GDP -2.8%
1998 1.43 constant 2015 US$ per US$ of GDP +1.9%
1999 1.58 constant 2015 US$ per US$ of GDP +10.5%
2000 1.48 constant 2015 US$ per US$ of GDP -6.0%
2001 1.52 constant 2015 US$ per US$ of GDP +2.3%
2002 1.68 constant 2015 US$ per US$ of GDP +11.0%
2003 1.68 constant 2015 US$ per US$ of GDP -0.0%
2004 1.54 constant 2015 US$ per US$ of GDP -8.7%
2005 1.32 constant 2015 US$ per US$ of GDP -14.2%
2006 1.2 constant 2015 US$ per US$ of GDP -9.2%
2007 1.08 constant 2015 US$ per US$ of GDP -9.6%
2008 0.9801 constant 2015 US$ per US$ of GDP -9.3%
2009 1.01 constant 2015 US$ per US$ of GDP +3.2%
2010 0.8808 constant 2015 US$ per US$ of GDP -12.9%
2011 0.8203 constant 2015 US$ per US$ of GDP -6.9%
2012 0.8351 constant 2015 US$ per US$ of GDP +1.8%
2013 0.855 constant 2015 US$ per US$ of GDP +2.4%
2014 0.8674 constant 2015 US$ per US$ of GDP +1.5%
2015 1.02 constant 2015 US$ per US$ of GDP +17.7%
2016 1.04 constant 2015 US$ per US$ of GDP +1.4%
2017 0.9483 constant 2015 US$ per US$ of GDP -8.4%
2018 0.9865 constant 2015 US$ per US$ of GDP +4.0%
2019 1.01 constant 2015 US$ per US$ of GDP +2.0%
2020 1.11 constant 2015 US$ per US$ of GDP +9.8%
2021 1.04 constant 2015 US$ per US$ of GDP -6.1%
2022 0.9491 constant 2015 US$ per US$ of GDP -8.6%
2023 0.8592 constant 2015 US$ per US$ of GDP -9.5%
2024 0.8607 constant 2015 US$ per US$ of GDP +0.2%
2025 0.8457 constant 2015 US$ per US$ of GDP -1.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 5.02 constant 2015 US$ per US$ of GDP 3.32 constant 2015 US$ per US$ of GDP 7.24 constant 2015 US$ per US$ of GDP 10
1980s 2.8 constant 2015 US$ per US$ of GDP 2.44 constant 2015 US$ per US$ of GDP 3.08 constant 2015 US$ per US$ of GDP 10
1990s 1.72 constant 2015 US$ per US$ of GDP 1.4 constant 2015 US$ per US$ of GDP 2.21 constant 2015 US$ per US$ of GDP 10
2000s 1.35 constant 2015 US$ per US$ of GDP 0.9801 constant 2015 US$ per US$ of GDP 1.68 constant 2015 US$ per US$ of GDP 10
2010s 0.9257 constant 2015 US$ per US$ of GDP 0.8203 constant 2015 US$ per US$ of GDP 1.04 constant 2015 US$ per US$ of GDP 10
2020s 0.943 constant 2015 US$ per US$ of GDP 0.8457 constant 2015 US$ per US$ of GDP 1.11 constant 2015 US$ per US$ of GDP 6

Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)

  1. 25 Gambia 1.07 constant 2015 US$ per US$ of GDP compare
  2. 26 Libya 1.06 constant 2015 US$ per US$ of GDP compare
  3. 27 Botswana 1.05 constant 2015 US$ per US$ of GDP compare
  4. 28 Philippines 1.05 constant 2015 US$ per US$ of GDP compare
  5. 29 Paraguay 1.04 constant 2015 US$ per US$ of GDP compare
  6. 30 Seychelles 1.02 constant 2015 US$ per US$ of GDP compare
  7. 31 Greenland 1 constant 2015 US$ per US$ of GDP compare

See the full ranking of 204 places →

More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)

All data for Latin America & the Caribbean (IDA & IBRD countries) →

Frequently asked questions

What is gross national expenditure (constant 2015 us$), per unit of gdp in Latin America & the Caribbean (IDA & IBRD countries)?
Gross national expenditure (constant 2015 us$), per unit of gdp in Latin America & the Caribbean (IDA & IBRD countries) was 0.8457 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The highest recorded value was 7.24 constant 2015 US$ per US$ of GDP in 1970.
What is the lowest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The lowest recorded value was 0.8203 constant 2015 US$ per US$ of GDP in 2011.
How does Latin America & the Caribbean (IDA & IBRD countries) rank for gross national expenditure (constant 2015 us$), per unit of gdp?
Latin America & the Caribbean (IDA & IBRD countries) ranks 28th out of 41 groups with data for 2025.
Is gross national expenditure (constant 2015 us$), per unit of gdp rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
Over the last ten years it is down 17.2%. 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 Statizoid (derived), published as part of Gross national expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Gross national expenditure (constant 2015 US$), per unit of GDP in Latin America & the Caribbean (IDA & IBRD countries). Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://economy.statizoid.com/stat/gross-national-expenditure-constant-2015-us-per-unit-of-gdp/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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How this figure is calculated

Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross national expenditure (constant 2015 US$) ÷ GDP (current US$)

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$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
204 places, 8,398 data points, 1960–2025
Last refreshed

Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.