Gross national expenditure in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Gross national expenditure was 5.96 trillion constant 2015 US$ in 2025. ▲ Rising
Latest (2025)
5.96 trillion constant 2015 US$
Change on year
up 2.5%
Rank
21st
of 41 groups
All-time high
5.96 trillion constant 2015 US$
in 2025
All-time low
1.18 trillion constant 2015 US$
in 1970
Years of data
56
1970–2025
Gross national expenditure in Latin America & the Caribbean (IDA & IBRD countries), 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2025, gross national expenditure in Latin America & the Caribbean (IDA & IBRD countries) stood at 5.96 trillion constant 2015 US$. That is the highest value across all 56 years on record.
Compared with earlier readings it is up 2.5% on the previous year and up 15.2% over ten years.
Over the whole period, gross national expenditure in Latin America & the Caribbean (IDA & IBRD countries) peaked at 5.96 trillion constant 2015 US$ in 2025 and was at its lowest, 1.18 trillion constant 2015 US$, in 1970.
That places Latin America & the Caribbean (IDA & IBRD countries) 21st out of 41 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Gross national expenditure in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1970 | 1.18 trillion constant 2015 US$ | — |
| 1971 | 1.27 trillion constant 2015 US$ | +7.1% |
| 1972 | 1.36 trillion constant 2015 US$ | +7.2% |
| 1973 | 1.48 trillion constant 2015 US$ | +9.1% |
| 1974 | 1.60 trillion constant 2015 US$ | +8.1% |
| 1975 | 1.66 trillion constant 2015 US$ | +3.5% |
| 1976 | 1.74 trillion constant 2015 US$ | +4.9% |
| 1977 | 1.81 trillion constant 2015 US$ | +3.9% |
| 1978 | 1.88 trillion constant 2015 US$ | +3.9% |
| 1979 | 2.02 trillion constant 2015 US$ | +7.4% |
| 1980 | 2.18 trillion constant 2015 US$ | +8.1% |
| 1981 | 2.18 trillion constant 2015 US$ | -0.1% |
| 1982 | 2.10 trillion constant 2015 US$ | -3.6% |
| 1983 | 1.96 trillion constant 2015 US$ | -6.6% |
| 1984 | 2.02 trillion constant 2015 US$ | +3.0% |
| 1985 | 2.09 trillion constant 2015 US$ | +3.2% |
| 1986 | 2.20 trillion constant 2015 US$ | +5.2% |
| 1987 | 2.25 trillion constant 2015 US$ | +2.6% |
| 1988 | 2.25 trillion constant 2015 US$ | -0.2% |
| 1989 | 2.27 trillion constant 2015 US$ | +1.1% |
| 1990 | 2.29 trillion constant 2015 US$ | +0.6% |
| 1991 | 2.40 trillion constant 2015 US$ | +5.1% |
| 1992 | 2.51 trillion constant 2015 US$ | +4.7% |
| 1993 | 2.61 trillion constant 2015 US$ | +3.9% |
| 1994 | 2.80 trillion constant 2015 US$ | +7.0% |
| 1995 | 2.80 trillion constant 2015 US$ | +0.3% |
| 1996 | 2.91 trillion constant 2015 US$ | +3.6% |
| 1997 | 3.10 trillion constant 2015 US$ | +6.6% |
| 1998 | 3.19 trillion constant 2015 US$ | +2.9% |
| 1999 | 3.16 trillion constant 2015 US$ | -0.9% |
| 2000 | 3.28 trillion constant 2015 US$ | +4.0% |
| 2001 | 3.28 trillion constant 2015 US$ | -0.1% |
| 2002 | 3.24 trillion constant 2015 US$ | -1.0% |
| 2003 | 3.30 trillion constant 2015 US$ | +1.7% |
| 2004 | 3.48 trillion constant 2015 US$ | +5.4% |
| 2005 | 3.63 trillion constant 2015 US$ | +4.3% |
| 2006 | 3.87 trillion constant 2015 US$ | +6.7% |
| 2007 | 4.14 trillion constant 2015 US$ | +6.9% |
| 2008 | 4.38 trillion constant 2015 US$ | +5.8% |
| 2009 | 4.23 trillion constant 2015 US$ | -3.4% |
| 2010 | 4.59 trillion constant 2015 US$ | +8.6% |
| 2011 | 4.87 trillion constant 2015 US$ | +6.2% |
| 2012 | 5.01 trillion constant 2015 US$ | +2.8% |
| 2013 | 5.17 trillion constant 2015 US$ | +3.2% |
| 2014 | 5.21 trillion constant 2015 US$ | +0.8% |
| 2015 | 5.17 trillion constant 2015 US$ | -0.7% |
| 2016 | 5.10 trillion constant 2015 US$ | -1.5% |
| 2017 | 5.20 trillion constant 2015 US$ | +2.0% |
| 2018 | 5.28 trillion constant 2015 US$ | +1.5% |
| 2019 | 5.27 trillion constant 2015 US$ | -0.2% |
| 2020 | 4.85 trillion constant 2015 US$ | -7.9% |
| 2021 | 5.31 trillion constant 2015 US$ | +9.5% |
| 2022 | 5.56 trillion constant 2015 US$ | +4.6% |
| 2023 | 5.66 trillion constant 2015 US$ | +1.9% |
| 2024 | 5.81 trillion constant 2015 US$ | +2.7% |
| 2025 | 5.96 trillion constant 2015 US$ | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.60 trillion constant 2015 US$ | 1.18 trillion constant 2015 US$ | 2.02 trillion constant 2015 US$ | 10 |
| 1980s | 2.15 trillion constant 2015 US$ | 1.96 trillion constant 2015 US$ | 2.27 trillion constant 2015 US$ | 10 |
| 1990s | 2.78 trillion constant 2015 US$ | 2.29 trillion constant 2015 US$ | 3.19 trillion constant 2015 US$ | 10 |
| 2000s | 3.68 trillion constant 2015 US$ | 3.24 trillion constant 2015 US$ | 4.38 trillion constant 2015 US$ | 10 |
| 2010s | 5.09 trillion constant 2015 US$ | 4.59 trillion constant 2015 US$ | 5.28 trillion constant 2015 US$ | 10 |
| 2020s | 5.53 trillion constant 2015 US$ | 4.85 trillion constant 2015 US$ | 5.96 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 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
- 24 Philippines 511.50 billion constant 2015 US$ compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is gross national expenditure in Latin America & the Caribbean (IDA & IBRD countries)?
- Gross national expenditure in Latin America & the Caribbean (IDA & IBRD countries) was 5.96 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 5.96 trillion constant 2015 US$ in 2025.
- What is the lowest gross national expenditure recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 1.18 trillion constant 2015 US$ in 1970.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for gross national expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 21st out of 41 groups with data for 2025.
- Is gross national expenditure rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 15.2%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.
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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.