Service exports in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Service exports was 216.42 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
216.42 billion BoP, current US$
Change on year
up 5.5%
Rank
27th
of 45 groups
All-time high
216.42 billion BoP, current US$
in 2025
All-time low
9.30 billion BoP, current US$
in 1977
Years of data
49
1977–2025
Service exports in Latin America & Caribbean (excluding high income), 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Latin America & Caribbean (excluding high income) recorded 216.42 billion BoP, current US$ for service exports in 2025. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 5.5% on the previous year and up 72.8% over ten years.
Over the whole period, service exports in Latin America & Caribbean (excluding high income) peaked at 216.42 billion BoP, current US$ in 2025 and was at its lowest, 9.30 billion BoP, current US$, in 1977.
That places Latin America & Caribbean (excluding high income) 27th out of 45 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports in Latin America & Caribbean (excluding high income), year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 9.30 billion BoP, current US$ | — |
| 1978 | 10.53 billion BoP, current US$ | +13.1% |
| 1979 | 12.90 billion BoP, current US$ | +22.6% |
| 1980 | 13.84 billion BoP, current US$ | +7.3% |
| 1981 | 14.75 billion BoP, current US$ | +6.6% |
| 1982 | 13.65 billion BoP, current US$ | -7.5% |
| 1983 | 12.96 billion BoP, current US$ | -5.0% |
| 1984 | 14.17 billion BoP, current US$ | +9.4% |
| 1985 | 14.86 billion BoP, current US$ | +4.8% |
| 1986 | 15.03 billion BoP, current US$ | +1.2% |
| 1987 | 17.13 billion BoP, current US$ | +14.0% |
| 1988 | 19.69 billion BoP, current US$ | +14.9% |
| 1989 | 22.98 billion BoP, current US$ | +16.7% |
| 1990 | 26.17 billion BoP, current US$ | +13.9% |
| 1991 | 27.33 billion BoP, current US$ | +4.4% |
| 1992 | 30.78 billion BoP, current US$ | +12.7% |
| 1993 | 33.60 billion BoP, current US$ | +9.2% |
| 1994 | 36.32 billion BoP, current US$ | +8.1% |
| 1995 | 37.39 billion BoP, current US$ | +2.9% |
| 1996 | 39.68 billion BoP, current US$ | +6.1% |
| 1997 | 45.23 billion BoP, current US$ | +14.0% |
| 1998 | 39.42 billion BoP, current US$ | -12.9% |
| 1999 | 39.39 billion BoP, current US$ | -0.1% |
| 2000 | 44.86 billion BoP, current US$ | +13.9% |
| 2001 | 43.96 billion BoP, current US$ | -2.0% |
| 2002 | 45.86 billion BoP, current US$ | +4.3% |
| 2003 | 49.44 billion BoP, current US$ | +7.8% |
| 2004 | 55.27 billion BoP, current US$ | +11.8% |
| 2005 | 64.41 billion BoP, current US$ | +16.5% |
| 2006 | 72.28 billion BoP, current US$ | +12.2% |
| 2007 | 84.24 billion BoP, current US$ | +16.6% |
| 2008 | 96.56 billion BoP, current US$ | +14.6% |
| 2009 | 88.11 billion BoP, current US$ | -8.7% |
| 2010 | 97.03 billion BoP, current US$ | +10.1% |
| 2011 | 109.03 billion BoP, current US$ | +12.4% |
| 2012 | 115.44 billion BoP, current US$ | +5.9% |
| 2013 | 120.23 billion BoP, current US$ | +4.2% |
| 2014 | 128.34 billion BoP, current US$ | +6.8% |
| 2015 | 125.23 billion BoP, current US$ | -2.4% |
| 2016 | 127.64 billion BoP, current US$ | +1.9% |
| 2017 | 137.24 billion BoP, current US$ | +7.5% |
| 2018 | 143.07 billion BoP, current US$ | +4.2% |
| 2019 | 147.01 billion BoP, current US$ | +2.8% |
| 2020 | 95.24 billion BoP, current US$ | -35.2% |
| 2021 | 123.85 billion BoP, current US$ | +30.0% |
| 2022 | 167.25 billion BoP, current US$ | +35.0% |
| 2023 | 187.47 billion BoP, current US$ | +12.1% |
| 2024 | 205.11 billion BoP, current US$ | +9.4% |
| 2025 | 216.42 billion BoP, current US$ | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.91 billion BoP, current US$ | 9.30 billion BoP, current US$ | 12.90 billion BoP, current US$ | 3 |
| 1980s | 15.91 billion BoP, current US$ | 12.96 billion BoP, current US$ | 22.98 billion BoP, current US$ | 10 |
| 1990s | 35.53 billion BoP, current US$ | 26.17 billion BoP, current US$ | 45.23 billion BoP, current US$ | 10 |
| 2000s | 64.50 billion BoP, current US$ | 43.96 billion BoP, current US$ | 96.56 billion BoP, current US$ | 10 |
| 2010s | 125.03 billion BoP, current US$ | 97.03 billion BoP, current US$ | 147.01 billion BoP, current US$ | 10 |
| 2020s | 165.89 billion BoP, current US$ | 95.24 billion BoP, current US$ | 216.42 billion BoP, current US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 24 Israel 92.38 billion BoP, current US$ compare
- 25 Australia 91.62 billion BoP, current US$ compare
- 26 Thailand 76.18 billion BoP, current US$ compare
- 27 Saudi Arabia 69.41 billion BoP, current US$ compare
- 28 Mexico 63.97 billion BoP, current US$ compare
- 29 Norway 63.45 billion BoP, current US$ compare
- 30 Portugal 62.69 billion BoP, current US$ compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 2.39 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 8,642 current US$ per person (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)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.45 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1639 current US$ per US$ of GDP (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 service exports in Latin America & Caribbean (excluding high income)?
- Service exports in Latin America & Caribbean (excluding high income) was 216.42 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 216.42 billion BoP, current US$ in 2025.
- What is the lowest service exports recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 9.30 billion BoP, current US$ in 1977.
- How does Latin America & Caribbean (excluding high income) rank for service exports?
- Latin America & Caribbean (excluding high income) ranks 27th out of 45 groups with data for 2025.
- Is service exports rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 72.8%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Exports of services are services provided by residents to non-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.