Imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Imports of goods and services was 6.0% in 2025. ◆ Volatile
Imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries), 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 6.0% for imports of goods and services in 2025.
Compared with earlier readings it is up 26.9% on the previous year and up 393.6% over ten years.
Over the whole period, imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries) peaked at 37.0% in 1970 and was at its lowest, -21.1%, in 1982.
Latin America & the Caribbean (IDA & IBRD countries) ranks 13th of 36 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.
Imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 2.6% | — |
| 1962 | 4.9% | +89.0% |
| 1963 | 1.8% | -63.1% |
| 1964 | 8.3% | +353.8% |
| 1965 | 6.5% | -21.1% |
| 1966 | 12.8% | +96.0% |
| 1967 | 2.3% | -81.8% |
| 1968 | 7.6% | +224.4% |
| 1969 | 6.1% | -19.2% |
| 1970 | 37.0% | +506.2% |
| 1971 | 9.8% | -73.4% |
| 1972 | 10.9% | +10.7% |
| 1973 | 16.2% | +48.9% |
| 1974 | 19.6% | +21.1% |
| 1975 | -3.5% | -117.9% |
| 1976 | -0.4% | -89.4% |
| 1977 | -1.4% | +282.9% |
| 1978 | 5.5% | -488.3% |
| 1979 | 11.1% | +100.1% |
| 1980 | 13.6% | +22.9% |
| 1981 | -0.8% | -105.8% |
| 1982 | -21.1% | +2569.4% |
| 1983 | -12.8% | -39.5% |
| 1984 | 3.1% | -124.3% |
| 1985 | -2.5% | -180.5% |
| 1986 | -0.6% | -74.2% |
| 1987 | 6.9% | -1167.4% |
| 1988 | 6.6% | -4.1% |
| 1989 | 2.6% | -60.4% |
| 1990 | 15.1% | +474.8% |
| 1991 | 16.5% | +9.3% |
| 1992 | 18.3% | +11.2% |
| 1993 | 7.7% | -58.0% |
| 1994 | 13.0% | +69.7% |
| 1995 | -0.6% | -104.6% |
| 1996 | 8.5% | -1519.3% |
| 1997 | 18.3% | +116.4% |
| 1998 | 7.9% | -56.7% |
| 1999 | -4.2% | -152.7% |
| 2000 | 12.9% | -407.4% |
| 2001 | 0.6% | -95.6% |
| 2002 | -4.2% | -853.6% |
| 2003 | 2.9% | -168.2% |
| 2004 | 11.0% | +279.5% |
| 2005 | 9.0% | -18.3% |
| 2006 | 11.4% | +27.9% |
| 2007 | 12.0% | +4.9% |
| 2008 | 9.3% | -22.6% |
| 2009 | -13.8% | -248.2% |
| 2010 | 21.7% | -257.4% |
| 2011 | 10.1% | -53.2% |
| 2012 | 4.4% | -56.7% |
| 2013 | 3.8% | -13.0% |
| 2014 | 0.4% | -90.0% |
| 2015 | -2.0% | -639.1% |
| 2016 | -2.3% | +10.4% |
| 2017 | 5.8% | -356.3% |
| 2018 | 5.1% | -11.5% |
| 2019 | -1.1% | -120.7% |
| 2020 | -13.2% | +1140.8% |
| 2021 | 18.7% | -241.7% |
| 2022 | 8.0% | -57.1% |
| 2023 | 0.3% | -95.8% |
| 2024 | 4.7% | +1291.2% |
| 2025 | 6.0% | +26.9% |
Biggest year-on-year movements
Years where Imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries) 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 |
|---|---|---|---|
| 1982 | -2569.4% | -0.8% | -21.1% |
| 1996 | +1519.3% | -0.6% | 8.5% |
| 2024 | +1291.2% | 0.3% | 4.7% |
| 1987 | +1167.4% | -0.6% | 6.9% |
| 2020 | -1140.8% | -1.1% | -13.2% |
| 2002 | -853.6% | 0.6% | -4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.9% | 1.8% | 12.8% | 9 |
| 1970s | 10.5% | -3.5% | 37.0% | 10 |
| 1980s | -0.5% | -21.1% | 13.6% | 10 |
| 1990s | 10.1% | -4.2% | 18.3% | 10 |
| 2000s | 5.1% | -13.8% | 12.9% | 10 |
| 2010s | 4.6% | -2.3% | 21.7% | 10 |
| 2020s | 4.1% | -13.2% | 18.7% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 10 Guinea 20.0% compare
- 11 Russia 19.1% compare
- 12 Algeria 17.3% compare
- 13 Vietnam 17.1% compare
- 14 Cote d'Ivoire 15.8% compare
- 15 Central African Republic 14.4% compare
- 16 Solomon Islands 14.2% compare
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (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$) 7,460 current US$ 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)
- General government final consumption expenditure (current US$), per 0.157 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries)?
- Imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries) was 6.0% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 37.0% in 1970.
- What is the lowest imports of goods and services recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was -21.1% in 1982.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for imports of goods and services?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 13th out of 36 groups with data for 2025.
- Is imports of goods and services rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 393.6%. 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 Offices (NSOs), published as part of Imports of goods and services (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.