Service exports (BoP, current US$), per unit of GDP in Latin America & Caribbean
Latin America & Caribbean: Service exports (BoP, current US$), per unit of GDP was 0.0438 BoP, current US$ per US$ of GDP in 2025. ▲ Rising
Service exports (BoP, current US$), per unit of GDP in Latin America & Caribbean, 1977–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for service exports (bop, current us$), per unit of gdp in Latin America & Caribbean is 0.0438 BoP, current US$ per US$ of GDP, measured in 2025. That is the highest value across all 49 years on record.
The figure is up 1.5% on the previous year and up 25.7% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Latin America & Caribbean peaked at 0.0438 BoP, current US$ per US$ of GDP in 2025 and was at its lowest, 0.0237 BoP, current US$ per US$ of GDP, in 1981.
That places Latin America & Caribbean 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 49 years of available data.
Service exports (BoP, current US$), per unit of GDP in Latin America & Caribbean, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.0262 BoP, current US$ per US$ of GDP | — |
| 1978 | 0.0247 BoP, current US$ per US$ of GDP | -5.8% |
| 1979 | 0.0277 BoP, current US$ per US$ of GDP | +12.5% |
| 1980 | 0.0258 BoP, current US$ per US$ of GDP | -6.9% |
| 1981 | 0.0237 BoP, current US$ per US$ of GDP | -8.2% |
| 1982 | 0.024 BoP, current US$ per US$ of GDP | +1.2% |
| 1983 | 0.026 BoP, current US$ per US$ of GDP | +8.4% |
| 1984 | 0.0266 BoP, current US$ per US$ of GDP | +2.2% |
| 1985 | 0.0285 BoP, current US$ per US$ of GDP | +7.4% |
| 1986 | 0.0293 BoP, current US$ per US$ of GDP | +2.6% |
| 1987 | 0.0302 BoP, current US$ per US$ of GDP | +3.3% |
| 1988 | 0.031 BoP, current US$ per US$ of GDP | +2.5% |
| 1989 | 0.0327 BoP, current US$ per US$ of GDP | +5.4% |
| 1990 | 0.0334 BoP, current US$ per US$ of GDP | +2.2% |
| 1991 | 0.0326 BoP, current US$ per US$ of GDP | -2.5% |
| 1992 | 0.0334 BoP, current US$ per US$ of GDP | +2.7% |
| 1993 | 0.0308 BoP, current US$ per US$ of GDP | -7.9% |
| 1994 | 0.0287 BoP, current US$ per US$ of GDP | -6.9% |
| 1995 | 0.0275 BoP, current US$ per US$ of GDP | -4.3% |
| 1996 | 0.0271 BoP, current US$ per US$ of GDP | -1.2% |
| 1997 | 0.0277 BoP, current US$ per US$ of GDP | +2.2% |
| 1998 | 0.0251 BoP, current US$ per US$ of GDP | -9.3% |
| 1999 | 0.0287 BoP, current US$ per US$ of GDP | +14.0% |
| 2000 | 0.0286 BoP, current US$ per US$ of GDP | -0.2% |
| 2001 | 0.0287 BoP, current US$ per US$ of GDP | +0.3% |
| 2002 | 0.0329 BoP, current US$ per US$ of GDP | +14.6% |
| 2003 | 0.0349 BoP, current US$ per US$ of GDP | +6.2% |
| 2004 | 0.0339 BoP, current US$ per US$ of GDP | -2.8% |
| 2005 | 0.0325 BoP, current US$ per US$ of GDP | -4.1% |
| 2006 | 0.031 BoP, current US$ per US$ of GDP | -4.8% |
| 2007 | 0.0306 BoP, current US$ per US$ of GDP | -1.1% |
| 2008 | 0.0301 BoP, current US$ per US$ of GDP | -1.6% |
| 2009 | 0.0292 BoP, current US$ per US$ of GDP | -3.0% |
| 2010 | 0.0263 BoP, current US$ per US$ of GDP | -9.9% |
| 2011 | 0.0263 BoP, current US$ per US$ of GDP | -0.0% |
| 2012 | 0.0278 BoP, current US$ per US$ of GDP | +5.5% |
| 2013 | 0.0286 BoP, current US$ per US$ of GDP | +3.1% |
| 2014 | 0.0302 BoP, current US$ per US$ of GDP | +5.4% |
| 2015 | 0.0348 BoP, current US$ per US$ of GDP | +15.4% |
| 2016 | 0.0372 BoP, current US$ per US$ of GDP | +6.8% |
| 2017 | 0.0358 BoP, current US$ per US$ of GDP | -3.8% |
| 2018 | 0.0383 BoP, current US$ per US$ of GDP | +6.9% |
| 2019 | 0.0401 BoP, current US$ per US$ of GDP | +4.9% |
| 2020 | 0.0305 BoP, current US$ per US$ of GDP | -24.0% |
| 2021 | 0.0334 BoP, current US$ per US$ of GDP | +9.3% |
| 2022 | 0.0403 BoP, current US$ per US$ of GDP | +20.9% |
| 2023 | 0.0406 BoP, current US$ per US$ of GDP | +0.6% |
| 2024 | 0.0431 BoP, current US$ per US$ of GDP | +6.3% |
| 2025 | 0.0438 BoP, current US$ per US$ of GDP | +1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0262 BoP, current US$ per US$ of GDP | 0.0247 BoP, current US$ per US$ of GDP | 0.0277 BoP, current US$ per US$ of GDP | 3 |
| 1980s | 0.0278 BoP, current US$ per US$ of GDP | 0.0237 BoP, current US$ per US$ of GDP | 0.0327 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0295 BoP, current US$ per US$ of GDP | 0.0251 BoP, current US$ per US$ of GDP | 0.0334 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0312 BoP, current US$ per US$ of GDP | 0.0286 BoP, current US$ per US$ of GDP | 0.0349 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0325 BoP, current US$ per US$ of GDP | 0.0263 BoP, current US$ per US$ of GDP | 0.0401 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0386 BoP, current US$ per US$ of GDP | 0.0305 BoP, current US$ per US$ of GDP | 0.0438 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Latin America & Caribbean
- 29 Estonia 0.3323 BoP, current US$ per US$ of GDP compare
- 30 Albania 0.3162 BoP, current US$ per US$ of GDP compare
- 31 Cape Verde 0.3074 BoP, current US$ per US$ of GDP compare
- 32 Saint Vincent and the Grenadines 0.3042 BoP, current US$ per US$ of GDP compare
- 33 Denmark 0.3036 BoP, current US$ per US$ of GDP compare
- 34 Lithuania 0.3027 BoP, current US$ per US$ of GDP compare
- 35 Djibouti 0.2825 BoP, current US$ per US$ of GDP compare
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 service exports (bop, current us$), per unit of gdp in Latin America & Caribbean?
- Service exports (bop, current us$), per unit of gdp in Latin America & Caribbean was 0.0438 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Latin America & Caribbean?
- The highest recorded value was 0.0438 BoP, current US$ per US$ of GDP in 2025.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Latin America & Caribbean?
- The lowest recorded value was 0.0237 BoP, current US$ per US$ of GDP in 1981.
- How does Latin America & Caribbean rank for service exports (bop, current us$), per unit of gdp?
- Latin America & Caribbean ranks 32nd out of 45 groups with data for 2025.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 25.7%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.