Gross national expenditure in Latin America & Caribbean
Latin America & Caribbean: Gross national expenditure was 6.19 trillion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
6.19 trillion constant 2015 US$
Change on year
up 2.6%
Rank
20th
of 41 groups
All-time high
6.19 trillion constant 2015 US$
in 2025
All-time low
1.25 trillion constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross national expenditure in Latin America & Caribbean, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross national expenditure in Latin America & Caribbean is 6.19 trillion constant 2015 US$, measured in 2025. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 2.6% on the previous year and up 15.3% over ten years.
Over the whole period, gross national expenditure in Latin America & Caribbean peaked at 6.19 trillion constant 2015 US$ in 2025 and was at its lowest, 1.25 trillion constant 2015 US$, in 1970.
Latin America & Caribbean ranks 20th of 41 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross national expenditure in Latin America & Caribbean, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 1.25 trillion constant 2015 US$ | — |
| 1971 | 1.33 trillion constant 2015 US$ | +7.1% |
| 1972 | 1.43 trillion constant 2015 US$ | +7.2% |
| 1973 | 1.56 trillion constant 2015 US$ | +8.9% |
| 1974 | 1.68 trillion constant 2015 US$ | +7.6% |
| 1975 | 1.74 trillion constant 2015 US$ | +3.6% |
| 1976 | 1.84 trillion constant 2015 US$ | +6.1% |
| 1977 | 1.89 trillion constant 2015 US$ | +2.9% |
| 1978 | 1.97 trillion constant 2015 US$ | +4.0% |
| 1979 | 2.11 trillion constant 2015 US$ | +7.1% |
| 1980 | 2.27 trillion constant 2015 US$ | +7.7% |
| 1981 | 2.28 trillion constant 2015 US$ | +0.3% |
| 1982 | 2.20 trillion constant 2015 US$ | -3.4% |
| 1983 | 2.07 trillion constant 2015 US$ | -6.1% |
| 1984 | 2.14 trillion constant 2015 US$ | +3.3% |
| 1985 | 2.20 trillion constant 2015 US$ | +3.2% |
| 1986 | 2.31 trillion constant 2015 US$ | +4.9% |
| 1987 | 2.37 trillion constant 2015 US$ | +2.6% |
| 1988 | 2.37 trillion constant 2015 US$ | +0.1% |
| 1989 | 2.40 trillion constant 2015 US$ | +1.2% |
| 1990 | 2.41 trillion constant 2015 US$ | +0.5% |
| 1991 | 2.52 trillion constant 2015 US$ | +4.5% |
| 1992 | 2.62 trillion constant 2015 US$ | +4.1% |
| 1993 | 2.72 trillion constant 2015 US$ | +3.7% |
| 1994 | 2.91 trillion constant 2015 US$ | +6.8% |
| 1995 | 2.91 trillion constant 2015 US$ | +0.2% |
| 1996 | 3.03 trillion constant 2015 US$ | +3.9% |
| 1997 | 3.23 trillion constant 2015 US$ | +6.6% |
| 1998 | 3.32 trillion constant 2015 US$ | +2.8% |
| 1999 | 3.30 trillion constant 2015 US$ | -0.6% |
| 2000 | 3.43 trillion constant 2015 US$ | +3.9% |
| 2001 | 3.43 trillion constant 2015 US$ | -0.0% |
| 2002 | 3.39 trillion constant 2015 US$ | -0.9% |
| 2003 | 3.45 trillion constant 2015 US$ | +1.8% |
| 2004 | 3.64 trillion constant 2015 US$ | +5.4% |
| 2005 | 3.80 trillion constant 2015 US$ | +4.3% |
| 2006 | 4.05 trillion constant 2015 US$ | +6.7% |
| 2007 | 4.32 trillion constant 2015 US$ | +6.7% |
| 2008 | 4.56 trillion constant 2015 US$ | +5.5% |
| 2009 | 4.40 trillion constant 2015 US$ | -3.4% |
| 2010 | 4.77 trillion constant 2015 US$ | +8.4% |
| 2011 | 5.06 trillion constant 2015 US$ | +6.0% |
| 2012 | 5.20 trillion constant 2015 US$ | +2.8% |
| 2013 | 5.36 trillion constant 2015 US$ | +3.1% |
| 2014 | 5.40 trillion constant 2015 US$ | +0.8% |
| 2015 | 5.37 trillion constant 2015 US$ | -0.7% |
| 2016 | 5.29 trillion constant 2015 US$ | -1.5% |
| 2017 | 5.40 trillion constant 2015 US$ | +2.0% |
| 2018 | 5.47 trillion constant 2015 US$ | +1.5% |
| 2019 | 5.47 trillion constant 2015 US$ | -0.0% |
| 2020 | 5.03 trillion constant 2015 US$ | -8.1% |
| 2021 | 5.52 trillion constant 2015 US$ | +9.7% |
| 2022 | 5.77 trillion constant 2015 US$ | +4.6% |
| 2023 | 5.88 trillion constant 2015 US$ | +1.9% |
| 2024 | 6.03 trillion constant 2015 US$ | +2.6% |
| 2025 | 6.19 trillion constant 2015 US$ | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.68 trillion constant 2015 US$ | 1.25 trillion constant 2015 US$ | 2.11 trillion constant 2015 US$ | 10 |
| 1980s | 2.26 trillion constant 2015 US$ | 2.07 trillion constant 2015 US$ | 2.40 trillion constant 2015 US$ | 10 |
| 1990s | 2.90 trillion constant 2015 US$ | 2.41 trillion constant 2015 US$ | 3.32 trillion constant 2015 US$ | 10 |
| 2000s | 3.85 trillion constant 2015 US$ | 3.39 trillion constant 2015 US$ | 4.56 trillion constant 2015 US$ | 10 |
| 2010s | 5.28 trillion constant 2015 US$ | 4.77 trillion constant 2015 US$ | 5.47 trillion constant 2015 US$ | 10 |
| 2020s | 5.74 trillion constant 2015 US$ | 5.03 trillion constant 2015 US$ | 6.19 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & Caribbean
- 17 Netherlands 838.31 billion constant 2015 US$ compare
- 18 Switzerland 747.48 billion constant 2015 US$ compare
- 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
More economy & growth data for Latin America & Caribbean
- Industry (including construction), value added 1.2% (2025)
- Agriculture, forestry, and fishing, value added 363.36 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 7.1% (2025)
- Services, value added (constant 2015 US$), per capita 6,555 constant 2015 US$ per person (2025)
- Manufacturing, value added 957.00 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 4.22 % change on previous year (2025)
- Industry (including construction), value added 2.24 trillion current US$ (2025)
- Industry (including construction), value added 1.67 trillion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 10,278 current US$ per person (2025)
- Services, value added 68.2% (2025)
Frequently asked questions
- What is gross national expenditure in Latin America & Caribbean?
- Gross national expenditure in Latin America & Caribbean was 6.19 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?
- The highest recorded value was 6.19 trillion constant 2015 US$ in 2025.
- What is the lowest gross national expenditure recorded in Latin America & Caribbean?
- The lowest recorded value was 1.25 trillion constant 2015 US$ in 1970.
- How does Latin America & Caribbean rank for gross national expenditure?
- Latin America & Caribbean ranks 20th out of 41 groups with data for 2025.
- Is gross national expenditure rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 15.3%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean 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
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.