Service imports (BoP, current US$), per unit of GDP in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Service imports (BoP, current US$), per unit of GDP was 0.0471 BoP, current US$ per US$ of GDP in 2025. ▲ Rising
Service imports (BoP, current US$), per unit of GDP in Latin America & Caribbean (excluding high income), 1976–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for service imports (bop, current us$), per unit of gdp in Latin America & Caribbean (excluding high income) is 0.0471 BoP, current US$ per US$ of GDP, measured in 2025. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 8.3% over ten years.
Over the whole period, service imports (bop, current us$), per unit of gdp in Latin America & Caribbean (excluding high income) peaked at 0.0471 BoP, current US$ per US$ of GDP in 2025 and was at its lowest, 0.0254 BoP, current US$ per US$ of GDP, in 1996.
That places Latin America & Caribbean (excluding high income) 40th out of 47 groups with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 50 years of available data.
Service imports (BoP, current US$), per unit of GDP in Latin America & Caribbean (excluding high income), year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0276 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.031 BoP, current US$ per US$ of GDP | +12.3% |
| 1978 | 0.0313 BoP, current US$ per US$ of GDP | +1.2% |
| 1979 | 0.0351 BoP, current US$ per US$ of GDP | +12.0% |
| 1980 | 0.0355 BoP, current US$ per US$ of GDP | +1.2% |
| 1981 | 0.035 BoP, current US$ per US$ of GDP | -1.6% |
| 1982 | 0.0338 BoP, current US$ per US$ of GDP | -3.5% |
| 1983 | 0.0285 BoP, current US$ per US$ of GDP | -15.7% |
| 1984 | 0.0277 BoP, current US$ per US$ of GDP | -2.8% |
| 1985 | 0.0278 BoP, current US$ per US$ of GDP | +0.7% |
| 1986 | 0.0291 BoP, current US$ per US$ of GDP | +4.4% |
| 1987 | 0.0282 BoP, current US$ per US$ of GDP | -3.0% |
| 1988 | 0.0294 BoP, current US$ per US$ of GDP | +4.2% |
| 1989 | 0.0285 BoP, current US$ per US$ of GDP | -3.0% |
| 1990 | 0.0311 BoP, current US$ per US$ of GDP | +9.0% |
| 1991 | 0.0311 BoP, current US$ per US$ of GDP | +0.3% |
| 1992 | 0.0324 BoP, current US$ per US$ of GDP | +4.1% |
| 1993 | 0.0303 BoP, current US$ per US$ of GDP | -6.5% |
| 1994 | 0.028 BoP, current US$ per US$ of GDP | -7.6% |
| 1995 | 0.0271 BoP, current US$ per US$ of GDP | -3.3% |
| 1996 | 0.0254 BoP, current US$ per US$ of GDP | -6.0% |
| 1997 | 0.0271 BoP, current US$ per US$ of GDP | +6.4% |
| 1998 | 0.028 BoP, current US$ per US$ of GDP | +3.3% |
| 1999 | 0.0295 BoP, current US$ per US$ of GDP | +5.4% |
| 2000 | 0.0301 BoP, current US$ per US$ of GDP | +2.1% |
| 2001 | 0.0308 BoP, current US$ per US$ of GDP | +2.5% |
| 2002 | 0.0328 BoP, current US$ per US$ of GDP | +6.2% |
| 2003 | 0.0336 BoP, current US$ per US$ of GDP | +2.4% |
| 2004 | 0.0333 BoP, current US$ per US$ of GDP | -0.9% |
| 2005 | 0.0329 BoP, current US$ per US$ of GDP | -1.1% |
| 2006 | 0.0316 BoP, current US$ per US$ of GDP | -3.8% |
| 2007 | 0.0332 BoP, current US$ per US$ of GDP | +5.1% |
| 2008 | 0.034 BoP, current US$ per US$ of GDP | +2.3% |
| 2009 | 0.0341 BoP, current US$ per US$ of GDP | +0.3% |
| 2010 | 0.0338 BoP, current US$ per US$ of GDP | -0.9% |
| 2011 | 0.0348 BoP, current US$ per US$ of GDP | +2.9% |
| 2012 | 0.0372 BoP, current US$ per US$ of GDP | +7.1% |
| 2013 | 0.0391 BoP, current US$ per US$ of GDP | +5.1% |
| 2014 | 0.0405 BoP, current US$ per US$ of GDP | +3.4% |
| 2015 | 0.0435 BoP, current US$ per US$ of GDP | +7.4% |
| 2016 | 0.0425 BoP, current US$ per US$ of GDP | -2.1% |
| 2017 | 0.0416 BoP, current US$ per US$ of GDP | -2.2% |
| 2018 | 0.0441 BoP, current US$ per US$ of GDP | +6.2% |
| 2019 | 0.0439 BoP, current US$ per US$ of GDP | -0.6% |
| 2020 | 0.0377 BoP, current US$ per US$ of GDP | -13.9% |
| 2021 | 0.0408 BoP, current US$ per US$ of GDP | +8.2% |
| 2022 | 0.047 BoP, current US$ per US$ of GDP | +15.2% |
| 2023 | 0.0445 BoP, current US$ per US$ of GDP | -5.5% |
| 2024 | 0.0462 BoP, current US$ per US$ of GDP | +4.0% |
| 2025 | 0.0471 BoP, current US$ per US$ of GDP | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0312 BoP, current US$ per US$ of GDP | 0.0276 BoP, current US$ per US$ of GDP | 0.0351 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.0303 BoP, current US$ per US$ of GDP | 0.0277 BoP, current US$ per US$ of GDP | 0.0355 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.029 BoP, current US$ per US$ of GDP | 0.0254 BoP, current US$ per US$ of GDP | 0.0324 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0326 BoP, current US$ per US$ of GDP | 0.0301 BoP, current US$ per US$ of GDP | 0.0341 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0401 BoP, current US$ per US$ of GDP | 0.0338 BoP, current US$ per US$ of GDP | 0.0441 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0439 BoP, current US$ per US$ of GDP | 0.0377 BoP, current US$ per US$ of GDP | 0.0471 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 37 Mongolia 0.2068 BoP, current US$ per US$ of GDP compare
- 38 Switzerland 0.205 BoP, current US$ per US$ of GDP compare
- 39 Vanuatu 0.1993 BoP, current US$ per US$ of GDP compare
- 40 Sint Maarten (Dutch part) 0.1959 BoP, current US$ per US$ of GDP compare
- 41 Kyrgyzstan 0.1887 BoP, current US$ per US$ of GDP compare
- 42 Kuwait 0.1883 BoP, current US$ per US$ of GDP compare
- 43 Lithuania 0.1836 BoP, current US$ per US$ of GDP compare
More economy & growth data for Latin America & Caribbean (excluding high income)
- Households and NPISHs Final consumption expenditure (current US$) 7,260 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.11 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.138 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,436 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.18 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6975 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5838 constant 2015 US$ per US$ of GDP (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)
- 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 imports (bop, current us$), per unit of gdp in Latin America & Caribbean (excluding high income)?
- Service imports (bop, current us$), per unit of gdp in Latin America & Caribbean (excluding high income) was 0.0471 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per unit of gdp recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 0.0471 BoP, current US$ per US$ of GDP in 2025.
- What is the lowest service imports (bop, current us$), per unit of gdp recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 0.0254 BoP, current US$ per US$ of GDP in 1996.
- How does Latin America & Caribbean (excluding high income) rank for service imports (bop, current us$), per unit of gdp?
- Latin America & Caribbean (excluding high income) ranks 40th out of 47 groups with data for 2025.
- Is service imports (bop, current us$), per unit of gdp rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 8.3%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.