Gross national expenditure in Latin America & Caribbean
Latin America & Caribbean: Gross national expenditure was 7.46 trillion current US$ in 2025. ◆ Volatile
Latest (2025)
7.46 trillion current US$
Change on year
up 4.0%
Rank
18th
of 41 groups
All-time high
7.46 trillion current US$
in 2025
All-time low
79.69 billion current US$
in 1960
Years of data
66
1960–2025
Gross national expenditure in Latin America & Caribbean, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, gross national expenditure in Latin America & Caribbean stood at 7.46 trillion current US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 4.0% on the previous year and up 39.0% over ten years.
Over the whole period, gross national expenditure in Latin America & Caribbean peaked at 7.46 trillion current US$ in 2025 and was at its lowest, 79.69 billion current US$, in 1960.
That places Latin America & Caribbean 18th out of 41 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Latin America & Caribbean, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 79.69 billion current US$ | — |
| 1961 | 86.88 billion current US$ | +9.0% |
| 1962 | 95.14 billion current US$ | +9.5% |
| 1963 | 101.55 billion current US$ | +6.7% |
| 1964 | 113.27 billion current US$ | +11.5% |
| 1965 | 120.05 billion current US$ | +6.0% |
| 1966 | 132.60 billion current US$ | +10.5% |
| 1967 | 135.83 billion current US$ | +2.4% |
| 1968 | 147.53 billion current US$ | +8.6% |
| 1969 | 165.12 billion current US$ | +11.9% |
| 1970 | 180.59 billion current US$ | +9.4% |
| 1971 | 204.02 billion current US$ | +13.0% |
| 1972 | 228.50 billion current US$ | +12.0% |
| 1973 | 297.11 billion current US$ | +30.0% |
| 1974 | 388.79 billion current US$ | +30.9% |
| 1975 | 413.69 billion current US$ | +6.4% |
| 1976 | 455.21 billion current US$ | +10.0% |
| 1977 | 498.61 billion current US$ | +9.5% |
| 1978 | 602.25 billion current US$ | +20.8% |
| 1979 | 676.15 billion current US$ | +12.3% |
| 1980 | 803.02 billion current US$ | +18.8% |
| 1981 | 926.32 billion current US$ | +15.4% |
| 1982 | 842.51 billion current US$ | -9.0% |
| 1983 | 724.51 billion current US$ | -14.0% |
| 1984 | 750.59 billion current US$ | +3.6% |
| 1985 | 731.42 billion current US$ | -2.6% |
| 1986 | 765.80 billion current US$ | +4.7% |
| 1987 | 817.06 billion current US$ | +6.7% |
| 1988 | 916.08 billion current US$ | +12.1% |
| 1989 | 987.84 billion current US$ | +7.8% |
| 1990 | 1.10 trillion current US$ | +11.4% |
| 1991 | 1.20 trillion current US$ | +9.1% |
| 1992 | 1.33 trillion current US$ | +10.3% |
| 1993 | 1.59 trillion current US$ | +19.7% |
| 1994 | 1.87 trillion current US$ | +18.2% |
| 1995 | 1.99 trillion current US$ | +5.9% |
| 1996 | 2.16 trillion current US$ | +8.9% |
| 1997 | 2.38 trillion current US$ | +10.1% |
| 1998 | 2.41 trillion current US$ | +1.2% |
| 1999 | 2.13 trillion current US$ | -11.5% |
| 2000 | 2.36 trillion current US$ | +10.5% |
| 2001 | 2.28 trillion current US$ | -3.2% |
| 2002 | 2.04 trillion current US$ | -10.4% |
| 2003 | 2.09 trillion current US$ | +2.5% |
| 2004 | 2.38 trillion current US$ | +13.5% |
| 2005 | 2.87 trillion current US$ | +20.9% |
| 2006 | 3.33 trillion current US$ | +16.1% |
| 2007 | 3.95 trillion current US$ | +18.4% |
| 2008 | 4.63 trillion current US$ | +17.3% |
| 2009 | 4.26 trillion current US$ | -7.9% |
| 2010 | 5.35 trillion current US$ | +25.6% |
| 2011 | 6.24 trillion current US$ | +16.6% |
| 2012 | 6.26 trillion current US$ | +0.5% |
| 2013 | 6.40 trillion current US$ | +2.1% |
| 2014 | 6.32 trillion current US$ | -1.2% |
| 2015 | 5.37 trillion current US$ | -15.1% |
| 2016 | 5.18 trillion current US$ | -3.5% |
| 2017 | 5.73 trillion current US$ | +10.6% |
| 2018 | 5.60 trillion current US$ | -2.3% |
| 2019 | 5.47 trillion current US$ | -2.3% |
| 2020 | 4.58 trillion current US$ | -16.3% |
| 2021 | 5.41 trillion current US$ | +18.2% |
| 2022 | 6.26 trillion current US$ | +15.6% |
| 2023 | 6.97 trillion current US$ | +11.3% |
| 2024 | 7.17 trillion current US$ | +2.9% |
| 2025 | 7.46 trillion current US$ | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 117.77 billion current US$ | 79.69 billion current US$ | 165.12 billion current US$ | 10 |
| 1970s | 394.49 billion current US$ | 180.59 billion current US$ | 676.15 billion current US$ | 10 |
| 1980s | 826.52 billion current US$ | 724.51 billion current US$ | 987.84 billion current US$ | 10 |
| 1990s | 1.82 trillion current US$ | 1.10 trillion current US$ | 2.41 trillion current US$ | 10 |
| 2000s | 3.02 trillion current US$ | 2.04 trillion current US$ | 4.63 trillion current US$ | 10 |
| 2010s | 5.79 trillion current US$ | 5.18 trillion current US$ | 6.40 trillion current US$ | 10 |
| 2020s | 6.31 trillion current US$ | 4.58 trillion current US$ | 7.46 trillion current US$ | 6 |
Countries ranked near Latin America & Caribbean
- 15 Republic of Korea 1.78 trillion current US$ compare
- 16 Türkiye 1.60 trillion current US$ compare
- 17 Indonesia 1.35 trillion current US$ compare
- 18 Saudi Arabia 1.26 trillion current US$ compare
- 19 Netherlands 1.18 trillion current US$ compare
- 20 Poland 1.01 trillion current US$ compare
- 21 Switzerland 950.20 billion current US$ compare
More economy & growth data for Latin America & Caribbean
- GDP 6.01 trillion constant 2015 US$ (2025)
- Services, value added 5.04 trillion current US$ (2025)
- Services, value added 4.37 trillion constant 2015 US$ (2025)
- Trade in services 8.7% (2025)
- Services, value added 68.2% (2025)
- Inflation, GDP deflator 3.4% (2025)
- Gross value added at basic prices (GVA) 6.85 trillion current US$ (2025)
- Gross value added at basic prices (GVA) 5.62 trillion constant 2015 US$ (2025)
- GDP 7.40 trillion current US$ (2025)
- Gross domestic savings 18.1% (2025)
Frequently asked questions
- What is gross national expenditure in Latin America & Caribbean?
- Gross national expenditure in Latin America & Caribbean was 7.46 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?
- The highest recorded value was 7.46 trillion current US$ in 2025.
- What is the lowest gross national expenditure recorded in Latin America & Caribbean?
- The lowest recorded value was 79.69 billion current US$ in 1960.
- How does Latin America & Caribbean rank for gross national expenditure?
- Latin America & Caribbean ranks 18th 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 39.0%. The long-run trend across the full record is volatile.
- 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 (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.