Service exports in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Service exports was 280.27 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
280.27 billion BoP, current US$
Change on year
up 5.9%
Rank
25th
of 45 groups
All-time high
280.27 billion BoP, current US$
in 2025
All-time low
10.72 billion BoP, current US$
in 1977
Years of data
49
1977–2025
Service exports in Latin America & the Caribbean (IDA & IBRD countries), 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service exports in Latin America & the Caribbean (IDA & IBRD countries) is 280.27 billion BoP, current US$, measured in 2025. That is the highest value across all 49 years on record.
The figure is up 5.9% on the previous year and up 72.8% over ten years.
Over the whole period, service exports in Latin America & the Caribbean (IDA & IBRD countries) peaked at 280.27 billion BoP, current US$ in 2025 and was at its lowest, 10.72 billion BoP, current US$, in 1977.
That places Latin America & the Caribbean (IDA & IBRD countries) 25th out of 45 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 10.72 billion BoP, current US$ | — |
| 1978 | 12.09 billion BoP, current US$ | +12.8% |
| 1979 | 15.40 billion BoP, current US$ | +27.3% |
| 1980 | 17.43 billion BoP, current US$ | +13.2% |
| 1981 | 18.28 billion BoP, current US$ | +4.9% |
| 1982 | 16.95 billion BoP, current US$ | -7.3% |
| 1983 | 16.08 billion BoP, current US$ | -5.1% |
| 1984 | 17.31 billion BoP, current US$ | +7.6% |
| 1985 | 18.25 billion BoP, current US$ | +5.4% |
| 1986 | 18.89 billion BoP, current US$ | +3.5% |
| 1987 | 21.02 billion BoP, current US$ | +11.3% |
| 1988 | 23.76 billion BoP, current US$ | +13.0% |
| 1989 | 27.68 billion BoP, current US$ | +16.5% |
| 1990 | 31.49 billion BoP, current US$ | +13.7% |
| 1991 | 33.34 billion BoP, current US$ | +5.9% |
| 1992 | 37.50 billion BoP, current US$ | +12.5% |
| 1993 | 40.96 billion BoP, current US$ | +9.2% |
| 1994 | 44.67 billion BoP, current US$ | +9.1% |
| 1995 | 46.28 billion BoP, current US$ | +3.6% |
| 1996 | 49.43 billion BoP, current US$ | +6.8% |
| 1997 | 55.60 billion BoP, current US$ | +12.5% |
| 1998 | 50.81 billion BoP, current US$ | -8.6% |
| 1999 | 52.10 billion BoP, current US$ | +2.5% |
| 2000 | 56.89 billion BoP, current US$ | +9.2% |
| 2001 | 55.83 billion BoP, current US$ | -1.9% |
| 2002 | 57.97 billion BoP, current US$ | +3.8% |
| 2003 | 62.64 billion BoP, current US$ | +8.1% |
| 2004 | 70.59 billion BoP, current US$ | +12.7% |
| 2005 | 81.89 billion BoP, current US$ | +16.0% |
| 2006 | 91.77 billion BoP, current US$ | +12.1% |
| 2007 | 107.12 billion BoP, current US$ | +16.7% |
| 2008 | 122.97 billion BoP, current US$ | +14.8% |
| 2009 | 111.80 billion BoP, current US$ | -9.1% |
| 2010 | 125.00 billion BoP, current US$ | +11.8% |
| 2011 | 142.57 billion BoP, current US$ | +14.1% |
| 2012 | 151.80 billion BoP, current US$ | +6.5% |
| 2013 | 157.89 billion BoP, current US$ | +4.0% |
| 2014 | 165.45 billion BoP, current US$ | +4.8% |
| 2015 | 162.16 billion BoP, current US$ | -2.0% |
| 2016 | 165.54 billion BoP, current US$ | +2.1% |
| 2017 | 177.66 billion BoP, current US$ | +7.3% |
| 2018 | 184.61 billion BoP, current US$ | +3.9% |
| 2019 | 189.39 billion BoP, current US$ | +2.6% |
| 2020 | 123.00 billion BoP, current US$ | -35.1% |
| 2021 | 155.58 billion BoP, current US$ | +26.5% |
| 2022 | 214.34 billion BoP, current US$ | +37.8% |
| 2023 | 242.79 billion BoP, current US$ | +13.3% |
| 2024 | 264.66 billion BoP, current US$ | +9.0% |
| 2025 | 280.27 billion BoP, current US$ | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.74 billion BoP, current US$ | 10.72 billion BoP, current US$ | 15.40 billion BoP, current US$ | 3 |
| 1980s | 19.56 billion BoP, current US$ | 16.08 billion BoP, current US$ | 27.68 billion BoP, current US$ | 10 |
| 1990s | 44.22 billion BoP, current US$ | 31.49 billion BoP, current US$ | 55.60 billion BoP, current US$ | 10 |
| 2000s | 81.95 billion BoP, current US$ | 55.83 billion BoP, current US$ | 122.97 billion BoP, current US$ | 10 |
| 2010s | 162.21 billion BoP, current US$ | 125.00 billion BoP, current US$ | 189.39 billion BoP, current US$ | 10 |
| 2020s | 213.44 billion BoP, current US$ | 123.00 billion BoP, current US$ | 280.27 billion BoP, current US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 22 Hong Kong, China 108.59 billion BoP, current US$ compare
- 23 Austria 105.49 billion BoP, current US$ compare
- 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
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- Final consumption expenditure (current US$), per capita 8,840 current US$ per person (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.8168 current US$ per US$ of GDP (2025)
- Exports of goods and services (current US$), per unit of GDP 0.2611 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 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$) 4.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is service exports in Latin America & the Caribbean (IDA & IBRD countries)?
- Service exports in Latin America & the Caribbean (IDA & IBRD countries) was 280.27 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 280.27 billion BoP, current US$ in 2025.
- What is the lowest service exports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 10.72 billion BoP, current US$ in 1977.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for service exports?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 25th out of 45 groups with data for 2025.
- Is service exports rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- 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 & the Caribbean (IDA & IBRD countries) 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
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.