Imports of goods and services in Latin America & Caribbean
Latin America & Caribbean: Imports of goods and services was 26.4% in 2025. ▲ Rising
Imports of goods and services in Latin America & Caribbean, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Latin America & Caribbean recorded 26.4% for imports of goods and services in 2025.
That represents a change of up 2.1% on the previous year and up 11.8% over ten years.
Over the whole period, imports of goods and services in Latin America & Caribbean peaked at 30.0% in 2022 and was at its lowest, 12.4%, in 1965.
Latin America & Caribbean ranks 31st of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Imports of goods and services in Latin America & Caribbean, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 14.4% | — |
| 1961 | 13.3% | -7.3% |
| 1962 | 13.8% | +4.0% |
| 1963 | 14.4% | +4.1% |
| 1964 | 13.0% | -10.0% |
| 1965 | 12.4% | -4.5% |
| 1966 | 12.8% | +3.1% |
| 1967 | 12.9% | +1.2% |
| 1968 | 13.4% | +4.1% |
| 1969 | 13.5% | +0.4% |
| 1970 | 13.7% | +1.3% |
| 1971 | 14.1% | +3.0% |
| 1972 | 14.2% | +1.1% |
| 1973 | 13.8% | -2.8% |
| 1974 | 16.2% | +17.2% |
| 1975 | 16.2% | +0.1% |
| 1976 | 15.8% | -2.6% |
| 1977 | 16.2% | +2.7% |
| 1978 | 15.7% | -3.2% |
| 1979 | 16.5% | +5.3% |
| 1980 | 17.1% | +3.1% |
| 1981 | 16.4% | -3.7% |
| 1982 | 15.1% | -8.3% |
| 1983 | 13.9% | -7.5% |
| 1984 | 14.1% | +0.8% |
| 1985 | 14.0% | -0.5% |
| 1986 | 14.4% | +2.9% |
| 1987 | 14.6% | +1.2% |
| 1988 | 15.9% | +9.4% |
| 1989 | 15.3% | -4.1% |
| 1990 | 16.0% | +5.1% |
| 1991 | 16.3% | +1.8% |
| 1992 | 17.3% | +5.8% |
| 1993 | 16.3% | -5.9% |
| 1994 | 16.7% | +2.7% |
| 1995 | 17.1% | +2.1% |
| 1996 | 17.5% | +2.4% |
| 1997 | 18.5% | +5.8% |
| 1998 | 19.1% | +3.2% |
| 1999 | 20.4% | +7.0% |
| 2000 | 21.3% | +4.6% |
| 2001 | 21.4% | +0.3% |
| 2002 | 22.5% | +5.2% |
| 2003 | 23.4% | +4.0% |
| 2004 | 24.1% | +3.0% |
| 2005 | 23.4% | -3.0% |
| 2006 | 23.3% | -0.4% |
| 2007 | 23.1% | -0.8% |
| 2008 | 24.1% | +4.4% |
| 2009 | 20.2% | -16.5% |
| 2010 | 21.0% | +4.0% |
| 2011 | 22.4% | +6.7% |
| 2012 | 22.7% | +1.4% |
| 2013 | 23.3% | +2.7% |
| 2014 | 22.7% | -2.4% |
| 2015 | 23.6% | +4.0% |
| 2016 | 22.8% | -3.3% |
| 2017 | 22.5% | -1.3% |
| 2018 | 25.2% | +11.8% |
| 2019 | 25.0% | -0.7% |
| 2020 | 24.4% | -2.4% |
| 2021 | 28.2% | +15.4% |
| 2022 | 30.0% | +6.4% |
| 2023 | 25.6% | -14.8% |
| 2024 | 25.9% | +1.3% |
| 2025 | 26.4% | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.4% | 12.4% | 14.4% | 10 |
| 1970s | 15.2% | 13.7% | 16.5% | 10 |
| 1980s | 15.1% | 13.9% | 17.1% | 10 |
| 1990s | 17.5% | 16.0% | 20.4% | 10 |
| 2000s | 22.7% | 20.2% | 24.1% | 10 |
| 2010s | 23.1% | 21.0% | 25.2% | 10 |
| 2020s | 26.7% | 24.4% | 30.0% | 6 |
Countries ranked near Latin America & Caribbean
More economy & growth data for Latin America & Caribbean
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,782 current US$ per person (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$) 7,621 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1607 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Latin America & Caribbean?
- Imports of goods and services in Latin America & Caribbean was 26.4% 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?
- The highest recorded value was 30.0% in 2022.
- What is the lowest imports of goods and services recorded in Latin America & Caribbean?
- The lowest recorded value was 12.4% in 1965.
- How does Latin America & Caribbean rank for imports of goods and services?
- Latin America & Caribbean ranks 31st out of 45 groups with data for 2025.
- Is imports of goods and services rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 11.8%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean 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.