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 26.4% in 2025. ▲ Rising
Imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries) is 26.4%, measured in 2025.
Compared with earlier readings it is up 2.1% on the previous year and up 13.1% over ten years.
Over the whole period, imports of goods and services in Latin America & the Caribbean (IDA & IBRD countries) peaked at 30.0% in 2022 and was at its lowest, 10.0%, in 1965.
That places Latin America & the Caribbean (IDA & IBRD countries) 32nd out of 45 groups with data for 2025, putting it 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 & the Caribbean (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 11.9% | — |
| 1961 | 11.1% | -7.3% |
| 1962 | 11.5% | +4.2% |
| 1963 | 12.0% | +4.1% |
| 1964 | 10.6% | -11.6% |
| 1965 | 10.0% | -5.5% |
| 1966 | 10.4% | +3.6% |
| 1967 | 10.5% | +0.7% |
| 1968 | 10.9% | +4.6% |
| 1969 | 11.0% | +0.2% |
| 1970 | 11.1% | +1.1% |
| 1971 | 11.4% | +2.6% |
| 1972 | 11.5% | +1.4% |
| 1973 | 11.4% | -1.1% |
| 1974 | 14.0% | +22.9% |
| 1975 | 13.8% | -1.5% |
| 1976 | 13.4% | -2.8% |
| 1977 | 13.9% | +3.6% |
| 1978 | 13.4% | -3.3% |
| 1979 | 14.3% | +6.6% |
| 1980 | 15.0% | +5.0% |
| 1981 | 14.5% | -3.1% |
| 1982 | 13.1% | -10.1% |
| 1983 | 11.6% | -11.2% |
| 1984 | 11.6% | -0.1% |
| 1985 | 11.4% | -1.4% |
| 1986 | 11.9% | +4.0% |
| 1987 | 12.1% | +1.9% |
| 1988 | 13.6% | +11.8% |
| 1989 | 12.8% | -5.4% |
| 1990 | 13.8% | +7.3% |
| 1991 | 14.6% | +6.3% |
| 1992 | 16.1% | +9.9% |
| 1993 | 15.2% | -5.6% |
| 1994 | 15.8% | +4.0% |
| 1995 | 16.1% | +1.8% |
| 1996 | 16.5% | +2.9% |
| 1997 | 17.5% | +6.0% |
| 1998 | 18.2% | +3.6% |
| 1999 | 19.3% | +6.4% |
| 2000 | 20.3% | +5.2% |
| 2001 | 20.4% | +0.2% |
| 2002 | 21.6% | +5.8% |
| 2003 | 22.2% | +3.0% |
| 2004 | 22.8% | +2.6% |
| 2005 | 22.2% | -2.9% |
| 2006 | 22.1% | -0.3% |
| 2007 | 22.0% | -0.3% |
| 2008 | 23.0% | +4.6% |
| 2009 | 19.3% | -16.3% |
| 2010 | 20.2% | +5.0% |
| 2011 | 21.6% | +6.8% |
| 2012 | 22.1% | +2.4% |
| 2013 | 22.8% | +3.1% |
| 2014 | 22.3% | -2.2% |
| 2015 | 23.3% | +4.4% |
| 2016 | 22.5% | -3.4% |
| 2017 | 22.2% | -1.5% |
| 2018 | 24.9% | +12.2% |
| 2019 | 24.7% | -0.7% |
| 2020 | 24.2% | -1.8% |
| 2021 | 28.2% | +16.3% |
| 2022 | 30.0% | +6.4% |
| 2023 | 25.4% | -15.3% |
| 2024 | 25.8% | +1.6% |
| 2025 | 26.4% | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.0% | 10.0% | 12.0% | 10 |
| 1970s | 12.8% | 11.1% | 14.3% | 10 |
| 1980s | 12.8% | 11.4% | 15.0% | 10 |
| 1990s | 16.3% | 13.8% | 19.3% | 10 |
| 2000s | 21.6% | 19.3% | 23.0% | 10 |
| 2010s | 22.7% | 20.2% | 24.9% | 10 |
| 2020s | 26.7% | 24.2% | 30.0% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 29 Mauritius 74.9% compare
- 30 Kosovo 74.2% compare
- 30 Kosovo (UNSCR 1244) 74.2% compare
- 32 North Macedonia 73.4% compare
- 33 Slovenia 73.3% compare
- 34 Palau 73.1% compare
- 35 Micronesia (country) 70.9% 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 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 30.0% in 2022.
- What is the lowest imports of goods and services recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 10.0% in 1965.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for imports of goods and services?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 32nd out of 45 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 13.1%. The long-run trend across the full record is rising.
- 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 (% 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.