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 1.88 trillion BoP, current US$ in 2025. ◆ Volatile
Imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries), 1979–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 1.88 trillion BoP, current US$ for imports of goods and services in 2025. That is the highest value across all 47 years on record.
That represents a change of up 6.5% on the previous year and up 56.2% over ten years.
Over the whole period, imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries) peaked at 1.88 trillion BoP, current US$ in 2025 and was at its lowest, 83.28 billion BoP, current US$, in 1983.
That places Latin America & the Caribbean (IDA & IBRD countries) 22nd out of 47 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1979 | 93.31 billion BoP, current US$ | — |
| 1980 | 123.74 billion BoP, current US$ | +32.6% |
| 1981 | 135.34 billion BoP, current US$ | +9.4% |
| 1982 | 113.02 billion BoP, current US$ | -16.5% |
| 1983 | 83.28 billion BoP, current US$ | -26.3% |
| 1984 | 85.67 billion BoP, current US$ | +2.9% |
| 1985 | 85.51 billion BoP, current US$ | -0.2% |
| 1986 | 88.01 billion BoP, current US$ | +2.9% |
| 1987 | 96.39 billion BoP, current US$ | +9.5% |
| 1988 | 109.60 billion BoP, current US$ | +13.7% |
| 1989 | 118.24 billion BoP, current US$ | +7.9% |
| 1990 | 135.01 billion BoP, current US$ | +14.2% |
| 1991 | 155.22 billion BoP, current US$ | +15.0% |
| 1992 | 185.47 billion BoP, current US$ | +19.5% |
| 1993 | 204.48 billion BoP, current US$ | +10.2% |
| 1994 | 236.10 billion BoP, current US$ | +15.5% |
| 1995 | 258.29 billion BoP, current US$ | +9.4% |
| 1996 | 281.02 billion BoP, current US$ | +8.8% |
| 1997 | 332.95 billion BoP, current US$ | +18.5% |
| 1998 | 390.26 billion BoP, current US$ | +17.2% |
| 1999 | 374.06 billion BoP, current US$ | -4.2% |
| 2000 | 433.81 billion BoP, current US$ | +16.0% |
| 2001 | 426.01 billion BoP, current US$ | -1.8% |
| 2002 | 398.21 billion BoP, current US$ | -6.5% |
| 2003 | 411.79 billion BoP, current US$ | +3.4% |
| 2004 | 498.02 billion BoP, current US$ | +20.9% |
| 2005 | 591.11 billion BoP, current US$ | +18.7% |
| 2006 | 697.97 billion BoP, current US$ | +18.1% |
| 2007 | 840.13 billion BoP, current US$ | +20.4% |
| 2008 | 1.02 trillion BoP, current US$ | +21.5% |
| 2009 | 797.14 billion BoP, current US$ | -21.9% |
| 2010 | 1.03 trillion BoP, current US$ | +28.8% |
| 2011 | 1.25 trillion BoP, current US$ | +22.1% |
| 2012 | 1.32 trillion BoP, current US$ | +5.1% |
| 2013 | 1.36 trillion BoP, current US$ | +3.1% |
| 2014 | 1.35 trillion BoP, current US$ | -0.4% |
| 2015 | 1.21 trillion BoP, current US$ | -10.9% |
| 2016 | 1.11 trillion BoP, current US$ | -8.2% |
| 2017 | 1.22 trillion BoP, current US$ | +9.8% |
| 2018 | 1.34 trillion BoP, current US$ | +10.0% |
| 2019 | 1.30 trillion BoP, current US$ | -2.8% |
| 2020 | 1.07 trillion BoP, current US$ | -17.6% |
| 2021 | 1.45 trillion BoP, current US$ | +35.0% |
| 2022 | 1.77 trillion BoP, current US$ | +22.5% |
| 2023 | 1.71 trillion BoP, current US$ | -3.7% |
| 2024 | 1.77 trillion BoP, current US$ | +3.7% |
| 2025 | 1.88 trillion BoP, current US$ | +6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 93.31 billion BoP, current US$ | 93.31 billion BoP, current US$ | 93.31 billion BoP, current US$ | 1 |
| 1980s | 103.88 billion BoP, current US$ | 83.28 billion BoP, current US$ | 135.34 billion BoP, current US$ | 10 |
| 1990s | 255.29 billion BoP, current US$ | 135.01 billion BoP, current US$ | 390.26 billion BoP, current US$ | 10 |
| 2000s | 611.48 billion BoP, current US$ | 398.21 billion BoP, current US$ | 1.02 trillion BoP, current US$ | 10 |
| 2010s | 1.25 trillion BoP, current US$ | 1.03 trillion BoP, current US$ | 1.36 trillion BoP, current US$ | 10 |
| 2020s | 1.61 trillion BoP, current US$ | 1.07 trillion BoP, current US$ | 1.88 trillion BoP, current US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 19 Poland 492.27 billion BoP, current US$ compare
- 20 Australia 424.72 billion BoP, current US$ compare
- 21 Russian Federation 399.82 billion BoP, current US$ compare
- 22 Viet Nam 398.71 billion BoP, current US$ compare
- 23 Brazil 395.83 billion BoP, current US$ compare
- 24 Thailand 388.92 billion BoP, current US$ compare
- 25 Türkiye 369.26 billion BoP, 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)
- 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$) 4.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (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 1.88 trillion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 1.88 trillion BoP, current US$ in 2025.
- What is the lowest imports of goods and services recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 83.28 billion BoP, current US$ in 1983.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for imports of goods and services?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd out of 47 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 56.2%. 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 Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods and services (BoP, current US$). 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 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.