Gross national expenditure in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Gross national expenditure was 7.12 trillion current US$ in 2025. ◆ Volatile
Latest (2025)
7.12 trillion current US$
Change on year
up 4.0%
Rank
22nd
of 43 groups
All-time high
7.12 trillion current US$
in 2025
All-time low
74.19 billion current US$
in 1960
Years of data
66
1960–2025
Gross national expenditure in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2025, gross national expenditure in Latin America & the Caribbean (IDA & IBRD countries) stood at 7.12 trillion current US$. That is the highest value across all 66 years on record.
That represents a change of up 4.0% on the previous year and up 37.5% over ten years.
Over the whole period, gross national expenditure in Latin America & the Caribbean (IDA & IBRD countries) peaked at 7.12 trillion current US$ in 2025 and was at its lowest, 74.19 billion current US$, in 1960.
That places Latin America & the Caribbean (IDA & IBRD countries) 22nd out of 43 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 74.19 billion current US$ | — |
| 1961 | 80.89 billion current US$ | +9.0% |
| 1962 | 88.58 billion current US$ | +9.5% |
| 1963 | 94.55 billion current US$ | +6.7% |
| 1964 | 105.39 billion current US$ | +11.5% |
| 1965 | 111.45 billion current US$ | +5.7% |
| 1966 | 123.17 billion current US$ | +10.5% |
| 1967 | 125.94 billion current US$ | +2.3% |
| 1968 | 136.66 billion current US$ | +8.5% |
| 1969 | 152.93 billion current US$ | +11.9% |
| 1970 | 167.03 billion current US$ | +9.2% |
| 1971 | 187.79 billion current US$ | +12.4% |
| 1972 | 209.91 billion current US$ | +11.8% |
| 1973 | 275.40 billion current US$ | +31.2% |
| 1974 | 364.30 billion current US$ | +32.3% |
| 1975 | 385.73 billion current US$ | +5.9% |
| 1976 | 425.36 billion current US$ | +10.3% |
| 1977 | 467.65 billion current US$ | +9.9% |
| 1978 | 565.35 billion current US$ | +20.9% |
| 1979 | 635.34 billion current US$ | +12.4% |
| 1980 | 759.40 billion current US$ | +19.5% |
| 1981 | 880.56 billion current US$ | +16.0% |
| 1982 | 796.25 billion current US$ | -9.6% |
| 1983 | 676.00 billion current US$ | -15.1% |
| 1984 | 697.33 billion current US$ | +3.2% |
| 1985 | 678.44 billion current US$ | -2.7% |
| 1986 | 709.91 billion current US$ | +4.6% |
| 1987 | 757.47 billion current US$ | +6.7% |
| 1988 | 850.83 billion current US$ | +12.3% |
| 1989 | 919.81 billion current US$ | +8.1% |
| 1990 | 1.03 trillion current US$ | +12.0% |
| 1991 | 1.14 trillion current US$ | +10.2% |
| 1992 | 1.26 trillion current US$ | +11.1% |
| 1993 | 1.52 trillion current US$ | +20.4% |
| 1994 | 1.80 trillion current US$ | +18.4% |
| 1995 | 1.90 trillion current US$ | +5.8% |
| 1996 | 2.08 trillion current US$ | +9.4% |
| 1997 | 2.29 trillion current US$ | +10.1% |
| 1998 | 2.32 trillion current US$ | +1.1% |
| 1999 | 2.03 trillion current US$ | -12.3% |
| 2000 | 2.25 trillion current US$ | +10.7% |
| 2001 | 2.17 trillion current US$ | -3.6% |
| 2002 | 1.93 trillion current US$ | -11.1% |
| 2003 | 1.98 trillion current US$ | +2.4% |
| 2004 | 2.25 trillion current US$ | +13.9% |
| 2005 | 2.74 trillion current US$ | +21.6% |
| 2006 | 3.19 trillion current US$ | +16.4% |
| 2007 | 3.79 trillion current US$ | +19.0% |
| 2008 | 4.46 trillion current US$ | +17.8% |
| 2009 | 4.10 trillion current US$ | -8.2% |
| 2010 | 5.19 trillion current US$ | +26.5% |
| 2011 | 6.06 trillion current US$ | +16.8% |
| 2012 | 6.08 trillion current US$ | +0.3% |
| 2013 | 6.21 trillion current US$ | +2.1% |
| 2014 | 6.13 trillion current US$ | -1.3% |
| 2015 | 5.17 trillion current US$ | -15.6% |
| 2016 | 4.98 trillion current US$ | -3.7% |
| 2017 | 5.52 trillion current US$ | +10.9% |
| 2018 | 5.38 trillion current US$ | -2.6% |
| 2019 | 5.24 trillion current US$ | -2.6% |
| 2020 | 4.36 trillion current US$ | -16.8% |
| 2021 | 5.16 trillion current US$ | +18.2% |
| 2022 | 5.97 trillion current US$ | +15.7% |
| 2023 | 6.65 trillion current US$ | +11.5% |
| 2024 | 6.84 trillion current US$ | +2.8% |
| 2025 | 7.12 trillion current US$ | +4.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 109.37 billion current US$ | 74.19 billion current US$ | 152.93 billion current US$ | 10 |
| 1970s | 368.39 billion current US$ | 167.03 billion current US$ | 635.34 billion current US$ | 10 |
| 1980s | 772.60 billion current US$ | 676.00 billion current US$ | 919.81 billion current US$ | 10 |
| 1990s | 1.74 trillion current US$ | 1.03 trillion current US$ | 2.32 trillion current US$ | 10 |
| 2000s | 2.89 trillion current US$ | 1.93 trillion current US$ | 4.46 trillion current US$ | 10 |
| 2010s | 5.60 trillion current US$ | 4.98 trillion current US$ | 6.21 trillion current US$ | 10 |
| 2020s | 6.02 trillion current US$ | 4.36 trillion current US$ | 7.12 trillion current US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 19 Netherlands 1.18 trillion current US$ compare
- 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
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)
- Final consumption expenditure (current US$), per capita 8,840 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8168 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.157 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ 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 7.12 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 7.12 trillion current US$ in 2025.
- What is the lowest gross national expenditure recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 74.19 billion current US$ in 1960.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for gross national expenditure?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd out of 43 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 37.5%. The long-run trend across the full record is volatile.
- 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 (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.