ICT service exports (BoP, current US$), annual growth rate in Latin America & Caribbean
Latin America & Caribbean: ICT service exports (BoP, current US$), annual growth rate was 9.66 % change on previous year in 2024. ◆ Volatile
ICT service exports (BoP, current US$), annual growth rate in Latin America & Caribbean, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latin America & Caribbean recorded 9.66 % change on previous year for ict service exports (bop, current us$), annual growth rate in 2024.
That represents a change of down 11.7% on the previous year and down 6.3% over ten years.
Over the whole period, ict service exports (bop, current us$), annual growth rate in Latin America & Caribbean peaked at 27.01 % change on previous year in 2022 and was at its lowest, -9.16 % change on previous year, in 2001.
Latin America & Caribbean ranks 19th of 47 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports (BoP, current US$), annual growth rate in Latin America & Caribbean, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 8.02 % change on previous year | — |
| 1997 | 9.11 % change on previous year | +13.6% |
| 1998 | -8.17 % change on previous year | -189.6% |
| 1999 | 3.04 % change on previous year | -137.3% |
| 2000 | -1.77 % change on previous year | -158.1% |
| 2001 | -9.16 % change on previous year | +418.4% |
| 2002 | -5.17 % change on previous year | -43.6% |
| 2003 | 13.28 % change on previous year | -356.9% |
| 2004 | 5.13 % change on previous year | -61.4% |
| 2005 | 5.19 % change on previous year | +1.1% |
| 2006 | 11.32 % change on previous year | +118.3% |
| 2007 | 23.32 % change on previous year | +105.9% |
| 2008 | 20.62 % change on previous year | -11.6% |
| 2009 | -2.46 % change on previous year | -111.9% |
| 2010 | 10.78 % change on previous year | -538.4% |
| 2011 | 12.28 % change on previous year | +13.9% |
| 2012 | 6.39 % change on previous year | -47.9% |
| 2013 | 0.2738 % change on previous year | -95.7% |
| 2014 | 10.31 % change on previous year | +3665.4% |
| 2015 | 2.82 % change on previous year | -72.7% |
| 2016 | 4.71 % change on previous year | +67.2% |
| 2017 | 16.05 % change on previous year | +240.7% |
| 2018 | 8.19 % change on previous year | -48.9% |
| 2019 | 2.07 % change on previous year | -74.8% |
| 2020 | -2.08 % change on previous year | -200.8% |
| 2021 | 17.1 % change on previous year | -921.3% |
| 2022 | 27.01 % change on previous year | +57.9% |
| 2023 | 10.94 % change on previous year | -59.5% |
| 2024 | 9.66 % change on previous year | -11.7% |
Biggest year-on-year movements
Years where ICT service exports (BoP, current US$), annual growth rate in Latin America & Caribbean changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +3665.4% | 0.2738 % change on previous year | 10.31 % change on previous year |
| 2021 | +921.3% | -2.08 % change on previous year | 17.1 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3 % change on previous year | -8.17 % change on previous year | 9.11 % change on previous year | 4 |
| 2000s | 6.03 % change on previous year | -9.16 % change on previous year | 23.32 % change on previous year | 10 |
| 2010s | 7.39 % change on previous year | 0.2738 % change on previous year | 16.05 % change on previous year | 10 |
| 2020s | 12.53 % change on previous year | -2.08 % change on previous year | 27.01 % change on previous year | 5 |
Countries ranked near Latin America & Caribbean
- 16 Aruba 44.28 % change on previous year compare
- 17 Bhutan 43.68 % change on previous year compare
- 18 Dominican Republic 43.43 % change on previous year compare
- 19 Turkey 37.74 % change on previous year compare
- 20 Kazakhstan 35.57 % change on previous year compare
- 21 Mexico 34.15 % change on previous year compare
- 22 Ecuador 33.24 % change on previous year compare
More economy & growth data for Latin America & Caribbean
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 2.15 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,410 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,782 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
Frequently asked questions
- What is ict service exports (bop, current us$), annual growth rate in Latin America & Caribbean?
- Ict service exports (bop, current us$), annual growth rate in Latin America & Caribbean was 9.66 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest ict service exports (bop, current us$), annual growth rate recorded in Latin America & Caribbean?
- The highest recorded value was 27.01 % change on previous year in 2022.
- What is the lowest ict service exports (bop, current us$), annual growth rate recorded in Latin America & Caribbean?
- The lowest recorded value was -9.16 % change on previous year in 2001.
- How does Latin America & Caribbean rank for ict service exports (bop, current us$), annual growth rate?
- Latin America & Caribbean ranks 19th out of 47 groups with data for 2024.
- Is ict service exports (bop, current us$), annual growth rate rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 6.3%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Statizoid (derived), published as part of ICT service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- ICT service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.