Imports of goods and services in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Imports of goods and services was 25.3% in 2025. ▲ Rising
Imports of goods and services in Latin America & Caribbean (excluding high income), 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Latin America & Caribbean (excluding high income) recorded 25.3% for imports of goods and services in 2025.
Compared with earlier readings it is up 2.3% on the previous year and up 13.7% over ten years.
Over the whole period, imports of goods and services in Latin America & Caribbean (excluding high income) peaked at 28.5% in 2022 and was at its lowest, 10.4%, in 1965.
Latin America & Caribbean (excluding high income) ranks 34th of 45 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Imports of goods and services in Latin America & Caribbean (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 12.4% | — |
| 1961 | 11.4% | -7.9% |
| 1962 | 12.2% | +6.5% |
| 1963 | 12.7% | +4.1% |
| 1964 | 11.1% | -12.5% |
| 1965 | 10.4% | -6.7% |
| 1966 | 10.7% | +3.7% |
| 1967 | 10.8% | +0.6% |
| 1968 | 11.4% | +5.9% |
| 1969 | 11.4% | -0.7% |
| 1970 | 11.4% | +0.4% |
| 1971 | 12.0% | +5.1% |
| 1972 | 12.1% | +1.1% |
| 1973 | 11.9% | -2.1% |
| 1974 | 14.1% | +18.6% |
| 1975 | 13.9% | -1.1% |
| 1976 | 13.6% | -2.0% |
| 1977 | 14.0% | +2.5% |
| 1978 | 13.6% | -2.8% |
| 1979 | 14.3% | +5.0% |
| 1980 | 14.8% | +3.4% |
| 1981 | 14.2% | -3.5% |
| 1982 | 13.3% | -6.9% |
| 1983 | 11.9% | -10.1% |
| 1984 | 11.9% | -0.1% |
| 1985 | 11.7% | -1.5% |
| 1986 | 12.1% | +3.2% |
| 1987 | 12.2% | +0.9% |
| 1988 | 13.7% | +12.4% |
| 1989 | 12.7% | -7.3% |
| 1990 | 13.5% | +6.0% |
| 1991 | 13.9% | +2.8% |
| 1992 | 14.9% | +7.5% |
| 1993 | 14.0% | -6.1% |
| 1994 | 14.7% | +5.2% |
| 1995 | 15.0% | +1.6% |
| 1996 | 15.4% | +3.1% |
| 1997 | 16.4% | +6.5% |
| 1998 | 17.1% | +4.1% |
| 1999 | 18.4% | +7.8% |
| 2000 | 19.4% | +5.5% |
| 2001 | 19.5% | +0.2% |
| 2002 | 20.5% | +5.6% |
| 2003 | 21.2% | +3.0% |
| 2004 | 21.7% | +2.7% |
| 2005 | 21.0% | -3.4% |
| 2006 | 21.0% | -0.0% |
| 2007 | 20.8% | -0.8% |
| 2008 | 21.6% | +3.6% |
| 2009 | 18.1% | -16.0% |
| 2010 | 19.1% | +5.1% |
| 2011 | 20.3% | +6.6% |
| 2012 | 20.8% | +2.1% |
| 2013 | 21.6% | +4.0% |
| 2014 | 21.1% | -2.2% |
| 2015 | 22.2% | +5.3% |
| 2016 | 21.5% | -3.5% |
| 2017 | 21.1% | -1.6% |
| 2018 | 23.8% | +12.7% |
| 2019 | 23.6% | -0.8% |
| 2020 | 23.3% | -1.3% |
| 2021 | 27.0% | +15.7% |
| 2022 | 28.5% | +5.4% |
| 2023 | 24.2% | -15.0% |
| 2024 | 24.7% | +2.2% |
| 2025 | 25.3% | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.5% | 10.4% | 12.7% | 10 |
| 1970s | 13.1% | 11.4% | 14.3% | 10 |
| 1980s | 12.9% | 11.7% | 14.8% | 10 |
| 1990s | 15.3% | 13.5% | 18.4% | 10 |
| 2000s | 20.5% | 18.1% | 21.7% | 10 |
| 2010s | 21.5% | 19.1% | 23.8% | 10 |
| 2020s | 25.5% | 23.3% | 28.5% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 32 North Macedonia 73.4% compare
- 33 Slovenia 73.3% compare
- 34 Palau 73.1% compare
- 35 Micronesia (country) 70.9% compare
- 36 Northern Mariana Islands 70.9% compare
- 37 Solomon Islands 70.8% compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.06 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,076 constant 2015 US$ per person (2025)
- General government final consumption expenditure (current US$), per 1,706 current US$ per person (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is imports of goods and services in Latin America & Caribbean (excluding high income)?
- Imports of goods and services in Latin America & Caribbean (excluding high income) was 25.3% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 28.5% in 2022.
- What is the lowest imports of goods and services recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 10.4% in 1965.
- How does Latin America & Caribbean (excluding high income) rank for imports of goods and services?
- Latin America & Caribbean (excluding high income) ranks 34th out of 45 groups with data for 2025.
- Is imports of goods and services rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 13.7%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Imports of goods and services (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.