Service imports in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Service imports was 307.02 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
307.02 billion BoP, current US$
Change on year
up 5.9%
Rank
25th
of 47 groups
All-time high
307.02 billion BoP, current US$
in 2025
All-time low
11.09 billion BoP, current US$
in 1976
Years of data
50
1976–2025
Service imports in Latin America & Caribbean (excluding high income), 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, service imports in Latin America & Caribbean (excluding high income) stood at 307.02 billion BoP, current US$. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 5.9% on the previous year and up 50.2% over ten years.
Over the whole period, service imports in Latin America & Caribbean (excluding high income) peaked at 307.02 billion BoP, current US$ in 2025 and was at its lowest, 11.09 billion BoP, current US$, in 1976.
That places Latin America & Caribbean (excluding high income) 25th out of 47 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports in Latin America & Caribbean (excluding high income), year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 11.09 billion BoP, current US$ | — |
| 1977 | 13.57 billion BoP, current US$ | +22.3% |
| 1978 | 16.50 billion BoP, current US$ | +21.6% |
| 1979 | 20.50 billion BoP, current US$ | +24.3% |
| 1980 | 25.09 billion BoP, current US$ | +22.4% |
| 1981 | 28.32 billion BoP, current US$ | +12.9% |
| 1982 | 25.43 billion BoP, current US$ | -10.2% |
| 1983 | 18.76 billion BoP, current US$ | -26.3% |
| 1984 | 19.21 billion BoP, current US$ | +2.4% |
| 1985 | 19.11 billion BoP, current US$ | -0.5% |
| 1986 | 20.15 billion BoP, current US$ | +5.5% |
| 1987 | 20.91 billion BoP, current US$ | +3.8% |
| 1988 | 23.93 billion BoP, current US$ | +14.5% |
| 1989 | 25.68 billion BoP, current US$ | +7.3% |
| 1990 | 31.03 billion BoP, current US$ | +20.8% |
| 1991 | 33.50 billion BoP, current US$ | +7.9% |
| 1992 | 37.93 billion BoP, current US$ | +13.2% |
| 1993 | 42.37 billion BoP, current US$ | +11.7% |
| 1994 | 45.94 billion BoP, current US$ | +8.4% |
| 1995 | 47.75 billion BoP, current US$ | +3.9% |
| 1996 | 48.64 billion BoP, current US$ | +1.9% |
| 1997 | 56.71 billion BoP, current US$ | +16.6% |
| 1998 | 59.17 billion BoP, current US$ | +4.3% |
| 1999 | 55.83 billion BoP, current US$ | -5.6% |
| 2000 | 63.33 billion BoP, current US$ | +13.4% |
| 2001 | 63.50 billion BoP, current US$ | +0.3% |
| 2002 | 60.08 billion BoP, current US$ | -5.4% |
| 2003 | 62.45 billion BoP, current US$ | +3.9% |
| 2004 | 71.11 billion BoP, current US$ | +13.9% |
| 2005 | 85.43 billion BoP, current US$ | +20.1% |
| 2006 | 96.25 billion BoP, current US$ | +12.7% |
| 2007 | 119.84 billion BoP, current US$ | +24.5% |
| 2008 | 143.33 billion BoP, current US$ | +19.6% |
| 2009 | 134.40 billion BoP, current US$ | -6.2% |
| 2010 | 165.92 billion BoP, current US$ | +23.5% |
| 2011 | 194.51 billion BoP, current US$ | +17.2% |
| 2012 | 209.41 billion BoP, current US$ | +7.7% |
| 2013 | 220.88 billion BoP, current US$ | +5.5% |
| 2014 | 227.48 billion BoP, current US$ | +3.0% |
| 2015 | 204.46 billion BoP, current US$ | -10.1% |
| 2016 | 193.65 billion BoP, current US$ | -5.3% |
| 2017 | 211.13 billion BoP, current US$ | +9.0% |
| 2018 | 217.16 billion BoP, current US$ | +2.9% |
| 2019 | 211.50 billion BoP, current US$ | -2.6% |
| 2020 | 152.28 billion BoP, current US$ | -28.0% |
| 2021 | 191.75 billion BoP, current US$ | +25.9% |
| 2022 | 255.26 billion BoP, current US$ | +33.1% |
| 2023 | 271.88 billion BoP, current US$ | +6.5% |
| 2024 | 289.82 billion BoP, current US$ | +6.6% |
| 2025 | 307.02 billion BoP, current US$ | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.41 billion BoP, current US$ | 11.09 billion BoP, current US$ | 20.50 billion BoP, current US$ | 4 |
| 1980s | 22.66 billion BoP, current US$ | 18.76 billion BoP, current US$ | 28.32 billion BoP, current US$ | 10 |
| 1990s | 45.89 billion BoP, current US$ | 31.03 billion BoP, current US$ | 59.17 billion BoP, current US$ | 10 |
| 2000s | 89.97 billion BoP, current US$ | 60.08 billion BoP, current US$ | 143.33 billion BoP, current US$ | 10 |
| 2010s | 205.61 billion BoP, current US$ | 165.92 billion BoP, current US$ | 227.48 billion BoP, current US$ | 10 |
| 2020s | 244.67 billion BoP, current US$ | 152.28 billion BoP, current US$ | 307.02 billion BoP, current US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 22 Brazil 105.06 billion BoP, current US$ compare
- 23 Austria 98.29 billion BoP, current US$ compare
- 24 Russian Federation 94.84 billion BoP, current US$ compare
- 25 Hong Kong, China 90.01 billion BoP, current US$ compare
- 26 Poland 86.50 billion BoP, current US$ compare
- 27 Thailand 77.19 billion BoP, current US$ compare
- 28 Mexico 75.42 billion BoP, current US$ 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 in Latin America & Caribbean (excluding high income)?
- Service imports in Latin America & Caribbean (excluding high income) was 307.02 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 imports recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 307.02 billion BoP, current US$ in 2025.
- What is the lowest service imports recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 11.09 billion BoP, current US$ in 1976.
- How does Latin America & Caribbean (excluding high income) rank for service imports?
- Latin America & Caribbean (excluding high income) ranks 25th out of 47 groups with data for 2025.
- Is service imports rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 50.2%. 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 imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Imports of services are services provided by non-residents to 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.