Service imports in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Service imports was 355.83 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
355.83 billion BoP, current US$
Change on year
up 5.6%
Rank
24th
of 47 groups
All-time high
355.83 billion BoP, current US$
in 2025
All-time low
12.27 billion BoP, current US$
in 1976
Years of data
50
1976–2025
Service imports in Latin America & the Caribbean (IDA & IBRD countries), 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service imports in Latin America & the Caribbean (IDA & IBRD countries) is 355.83 billion BoP, current US$, measured in 2025. That is the highest value across all 50 years on record.
The figure is up 5.6% on the previous year and up 52.8% over ten years.
Over the whole period, service imports in Latin America & the Caribbean (IDA & IBRD countries) peaked at 355.83 billion BoP, current US$ in 2025 and was at its lowest, 12.27 billion BoP, current US$, in 1976.
That places Latin America & the Caribbean (IDA & IBRD countries) 24th out of 47 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 12.27 billion BoP, current US$ | — |
| 1977 | 15.16 billion BoP, current US$ | +23.5% |
| 1978 | 18.20 billion BoP, current US$ | +20.1% |
| 1979 | 22.79 billion BoP, current US$ | +25.2% |
| 1980 | 28.55 billion BoP, current US$ | +25.3% |
| 1981 | 32.04 billion BoP, current US$ | +12.2% |
| 1982 | 29.04 billion BoP, current US$ | -9.4% |
| 1983 | 22.15 billion BoP, current US$ | -23.7% |
| 1984 | 22.45 billion BoP, current US$ | +1.4% |
| 1985 | 22.20 billion BoP, current US$ | -1.1% |
| 1986 | 23.81 billion BoP, current US$ | +7.3% |
| 1987 | 24.43 billion BoP, current US$ | +2.6% |
| 1988 | 27.45 billion BoP, current US$ | +12.4% |
| 1989 | 29.66 billion BoP, current US$ | +8.1% |
| 1990 | 35.23 billion BoP, current US$ | +18.8% |
| 1991 | 37.91 billion BoP, current US$ | +7.6% |
| 1992 | 43.17 billion BoP, current US$ | +13.9% |
| 1993 | 48.08 billion BoP, current US$ | +11.4% |
| 1994 | 52.11 billion BoP, current US$ | +8.4% |
| 1995 | 54.50 billion BoP, current US$ | +4.6% |
| 1996 | 55.43 billion BoP, current US$ | +1.7% |
| 1997 | 64.18 billion BoP, current US$ | +15.8% |
| 1998 | 67.10 billion BoP, current US$ | +4.6% |
| 1999 | 63.89 billion BoP, current US$ | -4.8% |
| 2000 | 72.08 billion BoP, current US$ | +12.8% |
| 2001 | 72.14 billion BoP, current US$ | +0.1% |
| 2002 | 68.90 billion BoP, current US$ | -4.5% |
| 2003 | 71.59 billion BoP, current US$ | +3.9% |
| 2004 | 81.93 billion BoP, current US$ | +14.5% |
| 2005 | 98.26 billion BoP, current US$ | +19.9% |
| 2006 | 109.95 billion BoP, current US$ | +11.9% |
| 2007 | 135.41 billion BoP, current US$ | +23.2% |
| 2008 | 161.64 billion BoP, current US$ | +19.4% |
| 2009 | 150.05 billion BoP, current US$ | -7.2% |
| 2010 | 185.18 billion BoP, current US$ | +23.4% |
| 2011 | 220.24 billion BoP, current US$ | +18.9% |
| 2012 | 236.91 billion BoP, current US$ | +7.6% |
| 2013 | 251.11 billion BoP, current US$ | +6.0% |
| 2014 | 256.93 billion BoP, current US$ | +2.3% |
| 2015 | 232.82 billion BoP, current US$ | -9.4% |
| 2016 | 221.94 billion BoP, current US$ | -4.7% |
| 2017 | 240.89 billion BoP, current US$ | +8.5% |
| 2018 | 250.12 billion BoP, current US$ | +3.8% |
| 2019 | 245.02 billion BoP, current US$ | -2.0% |
| 2020 | 178.53 billion BoP, current US$ | -27.1% |
| 2021 | 226.81 billion BoP, current US$ | +27.0% |
| 2022 | 303.06 billion BoP, current US$ | +33.6% |
| 2023 | 318.36 billion BoP, current US$ | +5.1% |
| 2024 | 336.99 billion BoP, current US$ | +5.9% |
| 2025 | 355.83 billion BoP, current US$ | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.10 billion BoP, current US$ | 12.27 billion BoP, current US$ | 22.79 billion BoP, current US$ | 4 |
| 1980s | 26.18 billion BoP, current US$ | 22.15 billion BoP, current US$ | 32.04 billion BoP, current US$ | 10 |
| 1990s | 52.16 billion BoP, current US$ | 35.23 billion BoP, current US$ | 67.10 billion BoP, current US$ | 10 |
| 2000s | 102.20 billion BoP, current US$ | 68.90 billion BoP, current US$ | 161.64 billion BoP, current US$ | 10 |
| 2010s | 234.12 billion BoP, current US$ | 185.18 billion BoP, current US$ | 256.93 billion BoP, current US$ | 10 |
| 2020s | 286.60 billion BoP, current US$ | 178.53 billion BoP, current US$ | 355.83 billion BoP, current US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 21 Australia 115.84 billion BoP, current US$ compare
- 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
More economy & growth data for Latin America & the Caribbean (IDA & IBRD countries)
- Households and NPISHs Final consumption expenditure (current US$) 0.6893 current US$ per US$ of GDP (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)
- 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)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.157 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is service imports in Latin America & the Caribbean (IDA & IBRD countries)?
- Service imports in Latin America & the Caribbean (IDA & IBRD countries) was 355.83 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 355.83 billion BoP, current US$ in 2025.
- What is the lowest service imports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 12.27 billion BoP, current US$ in 1976.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for service imports?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 24th out of 47 groups with data for 2025.
- Is service imports rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 52.8%. 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 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.