Gross national expenditure in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Gross national expenditure was 6.64 trillion current US$ in 2025. ◆ Volatile
Gross national expenditure in Latin America & Caribbean (excluding high income), 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in Latin America & Caribbean (excluding high income) is 6.64 trillion current US$, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 3.8% on the previous year and up 38.1% over ten years.
Over the whole period, gross national expenditure in Latin America & Caribbean (excluding high income) peaked at 6.64 trillion current US$ in 2025 and was at its lowest, 69.84 billion current US$, in 1960.
Latin America & Caribbean (excluding high income) ranks 23rd of 43 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Latin America & Caribbean (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 69.84 billion current US$ | — |
| 1961 | 75.60 billion current US$ | +8.2% |
| 1962 | 82.61 billion current US$ | +9.3% |
| 1963 | 88.94 billion current US$ | +7.7% |
| 1964 | 99.34 billion current US$ | +11.7% |
| 1965 | 105.61 billion current US$ | +6.3% |
| 1966 | 116.59 billion current US$ | +10.4% |
| 1967 | 119.57 billion current US$ | +2.6% |
| 1968 | 130.46 billion current US$ | +9.1% |
| 1969 | 145.54 billion current US$ | +11.6% |
| 1970 | 158.62 billion current US$ | +9.0% |
| 1971 | 177.69 billion current US$ | +12.0% |
| 1972 | 200.21 billion current US$ | +12.7% |
| 1973 | 260.11 billion current US$ | +29.9% |
| 1974 | 350.33 billion current US$ | +34.7% |
| 1975 | 382.33 billion current US$ | +9.1% |
| 1976 | 419.80 billion current US$ | +9.8% |
| 1977 | 456.71 billion current US$ | +8.8% |
| 1978 | 553.89 billion current US$ | +21.3% |
| 1979 | 615.61 billion current US$ | +11.1% |
| 1980 | 726.25 billion current US$ | +18.0% |
| 1981 | 840.17 billion current US$ | +15.7% |
| 1982 | 778.36 billion current US$ | -7.4% |
| 1983 | 663.99 billion current US$ | -14.7% |
| 1984 | 686.70 billion current US$ | +3.4% |
| 1985 | 668.76 billion current US$ | -2.6% |
| 1986 | 699.12 billion current US$ | +4.5% |
| 1987 | 741.86 billion current US$ | +6.1% |
| 1988 | 835.55 billion current US$ | +12.6% |
| 1989 | 898.72 billion current US$ | +7.6% |
| 1990 | 1.00 trillion current US$ | +11.6% |
| 1991 | 1.09 trillion current US$ | +8.9% |
| 1992 | 1.20 trillion current US$ | +9.8% |
| 1993 | 1.45 trillion current US$ | +20.6% |
| 1994 | 1.72 trillion current US$ | +18.9% |
| 1995 | 1.81 trillion current US$ | +5.0% |
| 1996 | 1.97 trillion current US$ | +9.2% |
| 1997 | 2.17 trillion current US$ | +10.0% |
| 1998 | 2.19 trillion current US$ | +1.1% |
| 1999 | 1.92 trillion current US$ | -12.3% |
| 2000 | 2.14 trillion current US$ | +11.3% |
| 2001 | 2.07 trillion current US$ | -3.3% |
| 2002 | 1.84 trillion current US$ | -11.1% |
| 2003 | 1.88 trillion current US$ | +2.4% |
| 2004 | 2.14 trillion current US$ | +13.5% |
| 2005 | 2.60 trillion current US$ | +21.4% |
| 2006 | 3.02 trillion current US$ | +16.4% |
| 2007 | 3.60 trillion current US$ | +19.1% |
| 2008 | 4.22 trillion current US$ | +17.5% |
| 2009 | 3.88 trillion current US$ | -8.1% |
| 2010 | 4.90 trillion current US$ | +26.1% |
| 2011 | 5.72 trillion current US$ | +16.7% |
| 2012 | 5.70 trillion current US$ | -0.3% |
| 2013 | 5.80 trillion current US$ | +1.9% |
| 2014 | 5.74 trillion current US$ | -1.1% |
| 2015 | 4.81 trillion current US$ | -16.2% |
| 2016 | 4.62 trillion current US$ | -4.0% |
| 2017 | 5.12 trillion current US$ | +11.0% |
| 2018 | 4.95 trillion current US$ | -3.3% |
| 2019 | 4.83 trillion current US$ | -2.4% |
| 2020 | 4.03 trillion current US$ | -16.6% |
| 2021 | 4.74 trillion current US$ | +17.7% |
| 2022 | 5.55 trillion current US$ | +17.0% |
| 2023 | 6.20 trillion current US$ | +11.7% |
| 2024 | 6.39 trillion current US$ | +3.2% |
| 2025 | 6.64 trillion current US$ | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 103.41 billion current US$ | 69.84 billion current US$ | 145.54 billion current US$ | 10 |
| 1970s | 357.53 billion current US$ | 158.62 billion current US$ | 615.61 billion current US$ | 10 |
| 1980s | 753.95 billion current US$ | 663.99 billion current US$ | 898.72 billion current US$ | 10 |
| 1990s | 1.65 trillion current US$ | 1.00 trillion current US$ | 2.19 trillion current US$ | 10 |
| 2000s | 2.74 trillion current US$ | 1.84 trillion current US$ | 4.22 trillion current US$ | 10 |
| 2010s | 5.22 trillion current US$ | 4.62 trillion current US$ | 5.80 trillion current US$ | 10 |
| 2020s | 5.59 trillion current US$ | 4.03 trillion current US$ | 6.64 trillion current US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 20 Poland 1.01 trillion current US$ compare
- 21 Switzerland 950.20 billion current US$ compare
- 22 Belgium 740.10 billion current US$ compare
- 23 Argentina 690.09 billion current US$ compare
- 24 Sweden 654.80 billion current US$ compare
- 25 Israel 597.78 billion current US$ compare
- 26 Austria 564.48 billion current US$ compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Final consumption expenditure (current US$), per unit of GDP 0.8304 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), per capita 7,168 constant 2015 US$ per person (2025)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6887 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 2.39 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 8,642 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.45 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), annual growth rate 3.83 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is gross national expenditure in Latin America & Caribbean (excluding high income)?
- Gross national expenditure in Latin America & Caribbean (excluding high income) was 6.64 trillion current US$ 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 6.64 trillion current US$ in 2025.
- What is the lowest gross national expenditure recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 69.84 billion current US$ in 1960.
- How does Latin America & Caribbean (excluding high income) rank for gross national expenditure?
- Latin America & Caribbean (excluding high income) ranks 23rd out of 43 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 38.1%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.