Gross national expenditure in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Gross national expenditure was 5.48 trillion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
5.48 trillion constant 2015 US$
Change on year
up 2.4%
Rank
22nd
of 41 groups
All-time high
5.48 trillion constant 2015 US$
in 2025
All-time low
1.13 trillion constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross national expenditure in Latin America & Caribbean (excluding high income), 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross national expenditure in Latin America & Caribbean (excluding high income) is 5.48 trillion constant 2015 US$, measured in 2025. That is the highest value across all 56 years on record.
The figure is up 2.4% on the previous year and up 14.0% over ten years.
Over the whole period, gross national expenditure in Latin America & Caribbean (excluding high income) peaked at 5.48 trillion constant 2015 US$ in 2025 and was at its lowest, 1.13 trillion constant 2015 US$, in 1970.
Latin America & Caribbean (excluding high income) ranks 22nd of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross national expenditure in Latin America & Caribbean (excluding high income), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 1.13 trillion constant 2015 US$ | — |
| 1971 | 1.21 trillion constant 2015 US$ | +7.2% |
| 1972 | 1.30 trillion constant 2015 US$ | +7.4% |
| 1973 | 1.42 trillion constant 2015 US$ | +9.6% |
| 1974 | 1.55 trillion constant 2015 US$ | +8.6% |
| 1975 | 1.61 trillion constant 2015 US$ | +4.0% |
| 1976 | 1.69 trillion constant 2015 US$ | +5.1% |
| 1977 | 1.75 trillion constant 2015 US$ | +3.8% |
| 1978 | 1.82 trillion constant 2015 US$ | +3.8% |
| 1979 | 1.95 trillion constant 2015 US$ | +7.2% |
| 1980 | 2.11 trillion constant 2015 US$ | +7.9% |
| 1981 | 2.11 trillion constant 2015 US$ | +0.2% |
| 1982 | 2.05 trillion constant 2015 US$ | -2.9% |
| 1983 | 1.92 trillion constant 2015 US$ | -6.2% |
| 1984 | 1.99 trillion constant 2015 US$ | +3.2% |
| 1985 | 2.05 trillion constant 2015 US$ | +3.3% |
| 1986 | 2.15 trillion constant 2015 US$ | +4.9% |
| 1987 | 2.20 trillion constant 2015 US$ | +2.2% |
| 1988 | 2.19 trillion constant 2015 US$ | -0.2% |
| 1989 | 2.21 trillion constant 2015 US$ | +0.9% |
| 1990 | 2.22 trillion constant 2015 US$ | +0.4% |
| 1991 | 2.32 trillion constant 2015 US$ | +4.6% |
| 1992 | 2.41 trillion constant 2015 US$ | +3.8% |
| 1993 | 2.49 trillion constant 2015 US$ | +3.4% |
| 1994 | 2.66 trillion constant 2015 US$ | +6.9% |
| 1995 | 2.66 trillion constant 2015 US$ | -0.1% |
| 1996 | 2.76 trillion constant 2015 US$ | +3.5% |
| 1997 | 2.93 trillion constant 2015 US$ | +6.5% |
| 1998 | 3.01 trillion constant 2015 US$ | +2.6% |
| 1999 | 2.99 trillion constant 2015 US$ | -0.8% |
| 2000 | 3.11 trillion constant 2015 US$ | +4.0% |
| 2001 | 3.10 trillion constant 2015 US$ | -0.1% |
| 2002 | 3.07 trillion constant 2015 US$ | -1.1% |
| 2003 | 3.12 trillion constant 2015 US$ | +1.6% |
| 2004 | 3.28 trillion constant 2015 US$ | +5.3% |
| 2005 | 3.41 trillion constant 2015 US$ | +4.0% |
| 2006 | 3.65 trillion constant 2015 US$ | +6.7% |
| 2007 | 3.89 trillion constant 2015 US$ | +6.8% |
| 2008 | 4.11 trillion constant 2015 US$ | +5.5% |
| 2009 | 3.97 trillion constant 2015 US$ | -3.2% |
| 2010 | 4.30 trillion constant 2015 US$ | +8.3% |
| 2011 | 4.56 trillion constant 2015 US$ | +5.9% |
| 2012 | 4.66 trillion constant 2015 US$ | +2.4% |
| 2013 | 4.81 trillion constant 2015 US$ | +3.1% |
| 2014 | 4.85 trillion constant 2015 US$ | +0.8% |
| 2015 | 4.81 trillion constant 2015 US$ | -0.8% |
| 2016 | 4.72 trillion constant 2015 US$ | -1.7% |
| 2017 | 4.81 trillion constant 2015 US$ | +1.9% |
| 2018 | 4.88 trillion constant 2015 US$ | +1.3% |
| 2019 | 4.86 trillion constant 2015 US$ | -0.3% |
| 2020 | 4.49 trillion constant 2015 US$ | -7.7% |
| 2021 | 4.88 trillion constant 2015 US$ | +8.7% |
| 2022 | 5.10 trillion constant 2015 US$ | +4.6% |
| 2023 | 5.21 trillion constant 2015 US$ | +2.1% |
| 2024 | 5.35 trillion constant 2015 US$ | +2.7% |
| 2025 | 5.48 trillion constant 2015 US$ | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.54 trillion constant 2015 US$ | 1.13 trillion constant 2015 US$ | 1.95 trillion constant 2015 US$ | 10 |
| 1980s | 2.10 trillion constant 2015 US$ | 1.92 trillion constant 2015 US$ | 2.21 trillion constant 2015 US$ | 10 |
| 1990s | 2.65 trillion constant 2015 US$ | 2.22 trillion constant 2015 US$ | 3.01 trillion constant 2015 US$ | 10 |
| 2000s | 3.47 trillion constant 2015 US$ | 3.07 trillion constant 2015 US$ | 4.11 trillion constant 2015 US$ | 10 |
| 2010s | 4.73 trillion constant 2015 US$ | 4.30 trillion constant 2015 US$ | 4.88 trillion constant 2015 US$ | 10 |
| 2020s | 5.09 trillion constant 2015 US$ | 4.49 trillion constant 2015 US$ | 5.48 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 19 Poland 652.79 billion constant 2015 US$ compare
- 20 Argentina 626.49 billion constant 2015 US$ compare
- 21 Sweden 558.33 billion constant 2015 US$ compare
- 22 Egypt 540.48 billion constant 2015 US$ compare
- 23 Belgium 529.23 billion constant 2015 US$ compare
- 24 Philippines 511.50 billion constant 2015 US$ compare
- 25 Pakistan 490.73 billion constant 2015 US$ compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is gross national expenditure in Latin America & Caribbean (excluding high income)?
- Gross national expenditure in Latin America & Caribbean (excluding high income) was 5.48 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 5.48 trillion constant 2015 US$ in 2025.
- What is the lowest gross national expenditure recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 1.13 trillion constant 2015 US$ in 1970.
- How does Latin America & Caribbean (excluding high income) rank for gross national expenditure?
- Latin America & Caribbean (excluding high income) ranks 22nd out of 41 groups with data for 2025.
- Is gross national expenditure rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 14.0%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.