Service imports (BoP, current US$), per unit of GDP in Latin America & Caribbean
Latin America & Caribbean: Service imports (BoP, current US$), per unit of GDP was 0.0518 BoP, current US$ per US$ of GDP in 2025. ▲ Rising
Service imports (BoP, current US$), per unit of GDP in Latin America & Caribbean, 1976–2025
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Latin America & Caribbean recorded 0.0518 BoP, current US$ per US$ of GDP for service imports (bop, current us$), per unit of gdp in 2025.
That represents a change of up 1.2% on the previous year and up 9.9% over ten years.
Over the whole period, service imports (bop, current us$), per unit of gdp in Latin America & Caribbean peaked at 0.053 BoP, current US$ per US$ of GDP in 2022 and was at its lowest, 0.0292 BoP, current US$ per US$ of GDP, in 1996.
Latin America & Caribbean ranks 35th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Service imports (BoP, current US$), per unit of GDP in Latin America & Caribbean, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1976 | 0.0302 BoP, current US$ per US$ of GDP | — |
| 1977 | 0.0341 BoP, current US$ per US$ of GDP | +12.9% |
| 1978 | 0.0341 BoP, current US$ per US$ of GDP | -0.1% |
| 1979 | 0.038 BoP, current US$ per US$ of GDP | +11.5% |
| 1980 | 0.0391 BoP, current US$ per US$ of GDP | +3.0% |
| 1981 | 0.0384 BoP, current US$ per US$ of GDP | -1.7% |
| 1982 | 0.0379 BoP, current US$ per US$ of GDP | -1.3% |
| 1983 | 0.0329 BoP, current US$ per US$ of GDP | -13.1% |
| 1984 | 0.0317 BoP, current US$ per US$ of GDP | -3.7% |
| 1985 | 0.0318 BoP, current US$ per US$ of GDP | +0.2% |
| 1986 | 0.0336 BoP, current US$ per US$ of GDP | +5.9% |
| 1987 | 0.0322 BoP, current US$ per US$ of GDP | -4.2% |
| 1988 | 0.033 BoP, current US$ per US$ of GDP | +2.4% |
| 1989 | 0.0323 BoP, current US$ per US$ of GDP | -2.2% |
| 1990 | 0.0346 BoP, current US$ per US$ of GDP | +7.1% |
| 1991 | 0.0344 BoP, current US$ per US$ of GDP | -0.5% |
| 1992 | 0.0358 BoP, current US$ per US$ of GDP | +4.0% |
| 1993 | 0.0337 BoP, current US$ per US$ of GDP | -5.9% |
| 1994 | 0.0313 BoP, current US$ per US$ of GDP | -7.1% |
| 1995 | 0.0307 BoP, current US$ per US$ of GDP | -1.8% |
| 1996 | 0.0292 BoP, current US$ per US$ of GDP | -4.7% |
| 1997 | 0.0308 BoP, current US$ per US$ of GDP | +5.3% |
| 1998 | 0.0315 BoP, current US$ per US$ of GDP | +2.2% |
| 1999 | 0.0329 BoP, current US$ per US$ of GDP | +4.7% |
| 2000 | 0.0336 BoP, current US$ per US$ of GDP | +2.0% |
| 2001 | 0.0342 BoP, current US$ per US$ of GDP | +1.9% |
| 2002 | 0.0364 BoP, current US$ per US$ of GDP | +6.4% |
| 2003 | 0.0372 BoP, current US$ per US$ of GDP | +2.1% |
| 2004 | 0.0369 BoP, current US$ per US$ of GDP | -0.7% |
| 2005 | 0.0366 BoP, current US$ per US$ of GDP | -0.9% |
| 2006 | 0.0351 BoP, current US$ per US$ of GDP | -4.3% |
| 2007 | 0.0365 BoP, current US$ per US$ of GDP | +4.2% |
| 2008 | 0.0374 BoP, current US$ per US$ of GDP | +2.4% |
| 2009 | 0.037 BoP, current US$ per US$ of GDP | -1.2% |
| 2010 | 0.0367 BoP, current US$ per US$ of GDP | -0.6% |
| 2011 | 0.0384 BoP, current US$ per US$ of GDP | +4.5% |
| 2012 | 0.0409 BoP, current US$ per US$ of GDP | +6.5% |
| 2013 | 0.043 BoP, current US$ per US$ of GDP | +5.1% |
| 2014 | 0.0442 BoP, current US$ per US$ of GDP | +2.9% |
| 2015 | 0.0471 BoP, current US$ per US$ of GDP | +6.5% |
| 2016 | 0.0465 BoP, current US$ per US$ of GDP | -1.4% |
| 2017 | 0.0454 BoP, current US$ per US$ of GDP | -2.3% |
| 2018 | 0.0483 BoP, current US$ per US$ of GDP | +6.4% |
| 2019 | 0.0482 BoP, current US$ per US$ of GDP | -0.1% |
| 2020 | 0.0416 BoP, current US$ per US$ of GDP | -13.7% |
| 2021 | 0.0453 BoP, current US$ per US$ of GDP | +8.9% |
| 2022 | 0.053 BoP, current US$ per US$ of GDP | +16.9% |
| 2023 | 0.0496 BoP, current US$ per US$ of GDP | -6.4% |
| 2024 | 0.0512 BoP, current US$ per US$ of GDP | +3.2% |
| 2025 | 0.0518 BoP, current US$ per US$ of GDP | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0341 BoP, current US$ per US$ of GDP | 0.0302 BoP, current US$ per US$ of GDP | 0.038 BoP, current US$ per US$ of GDP | 4 |
| 1980s | 0.0343 BoP, current US$ per US$ of GDP | 0.0317 BoP, current US$ per US$ of GDP | 0.0391 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.0325 BoP, current US$ per US$ of GDP | 0.0292 BoP, current US$ per US$ of GDP | 0.0358 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0361 BoP, current US$ per US$ of GDP | 0.0336 BoP, current US$ per US$ of GDP | 0.0374 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0439 BoP, current US$ per US$ of GDP | 0.0367 BoP, current US$ per US$ of GDP | 0.0483 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0487 BoP, current US$ per US$ of GDP | 0.0416 BoP, current US$ per US$ of GDP | 0.053 BoP, current US$ per US$ of GDP | 6 |
Countries ranked near Latin America & Caribbean
- 32 Marshall Islands 0.2253 BoP, current US$ per US$ of GDP compare
- 33 Hong Kong 0.2204 BoP, current US$ per US$ of GDP compare
- 34 Saint Kitts and Nevis 0.2185 BoP, current US$ per US$ of GDP compare
- 35 Netherlands 0.2157 BoP, current US$ per US$ of GDP compare
- 36 Sweden 0.2154 BoP, current US$ per US$ of GDP compare
- 37 Mongolia 0.2068 BoP, current US$ per US$ of GDP compare
- 38 Switzerland 0.205 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) 6,410 constant 2015 US$ per person (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 imports (bop, current us$), per unit of gdp in Latin America & Caribbean?
- Service imports (bop, current us$), per unit of gdp in Latin America & Caribbean was 0.0518 BoP, current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per unit of gdp recorded in Latin America & Caribbean?
- The highest recorded value was 0.053 BoP, current US$ per US$ of GDP in 2022.
- What is the lowest service imports (bop, current us$), per unit of gdp recorded in Latin America & Caribbean?
- The lowest recorded value was 0.0292 BoP, current US$ per US$ of GDP in 1996.
- How does Latin America & Caribbean rank for service imports (bop, current us$), per unit of gdp?
- Latin America & Caribbean ranks 35th out of 47 groups with data for 2025.
- Is service imports (bop, current us$), per unit of gdp rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 9.9%. 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 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.