Trade in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Trade was 47.5% in 2025. ▲ Rising
Trade in Latin America & Caribbean (excluding high income), 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Latin America & Caribbean (excluding high income) recorded 47.5% for trade in 2025.
Compared with earlier readings it is down 0.3% on the previous year and up 11.7% over ten years.
Over the whole period, trade in Latin America & Caribbean (excluding high income) peaked at 53.6% in 2022 and was at its lowest, 17.8%, in 1967.
Latin America & Caribbean (excluding high income) ranks 35th of 43 groups on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Trade in Latin America & Caribbean (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 20.2% | — |
| 1961 | 19.4% | -3.8% |
| 1962 | 18.2% | -6.4% |
| 1963 | 21.7% | +19.3% |
| 1964 | 18.6% | -14.1% |
| 1965 | 18.6% | -0.1% |
| 1966 | 18.4% | -0.9% |
| 1967 | 17.8% | -3.3% |
| 1968 | 18.7% | +5.0% |
| 1969 | 19.0% | +1.7% |
| 1970 | 20.4% | +7.4% |
| 1971 | 20.5% | +0.3% |
| 1972 | 21.2% | +3.6% |
| 1973 | 22.4% | +5.6% |
| 1974 | 26.1% | +16.2% |
| 1975 | 23.6% | -9.3% |
| 1976 | 23.7% | +0.2% |
| 1977 | 24.4% | +2.8% |
| 1978 | 24.0% | -1.5% |
| 1979 | 25.2% | +5.1% |
| 1980 | 26.4% | +4.8% |
| 1981 | 25.4% | -3.8% |
| 1982 | 24.3% | -4.3% |
| 1983 | 26.1% | +7.0% |
| 1984 | 26.7% | +2.7% |
| 1985 | 26.0% | -2.9% |
| 1986 | 24.9% | -4.2% |
| 1987 | 25.6% | +3.0% |
| 1988 | 29.1% | +13.4% |
| 1989 | 28.2% | -3.0% |
| 1990 | 28.9% | +2.4% |
| 1991 | 25.2% | -12.8% |
| 1992 | 26.1% | +3.7% |
| 1993 | 24.4% | -6.4% |
| 1994 | 25.0% | +2.2% |
| 1995 | 28.1% | +12.4% |
| 1996 | 28.6% | +2.0% |
| 1997 | 29.0% | +1.2% |
| 1998 | 29.4% | +1.3% |
| 1999 | 31.0% | +5.4% |
| 2000 | 32.4% | +4.8% |
| 2001 | 32.8% | +1.0% |
| 2002 | 35.1% | +7.2% |
| 2003 | 36.7% | +4.4% |
| 2004 | 38.5% | +4.9% |
| 2005 | 37.9% | -1.5% |
| 2006 | 38.5% | +1.5% |
| 2007 | 38.4% | -0.1% |
| 2008 | 39.9% | +4.0% |
| 2009 | 34.9% | -12.6% |
| 2010 | 37.2% | +6.4% |
| 2011 | 39.2% | +5.5% |
| 2012 | 42.1% | +7.3% |
| 2013 | 42.1% | +0.0% |
| 2014 | 41.6% | -1.1% |
| 2015 | 42.6% | +2.3% |
| 2016 | 41.7% | -2.0% |
| 2017 | 41.9% | +0.5% |
| 2018 | 46.1% | +9.9% |
| 2019 | 45.7% | -0.9% |
| 2020 | 44.1% | -3.5% |
| 2021 | 50.7% | +15.1% |
| 2022 | 53.6% | +5.7% |
| 2023 | 46.7% | -13.0% |
| 2024 | 47.7% | +2.1% |
| 2025 | 47.5% | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.1% | 17.8% | 21.7% | 10 |
| 1970s | 23.2% | 20.4% | 26.1% | 10 |
| 1980s | 26.3% | 24.3% | 29.1% | 10 |
| 1990s | 27.6% | 24.4% | 31.0% | 10 |
| 2000s | 36.5% | 32.4% | 39.9% | 10 |
| 2010s | 42.0% | 37.2% | 46.1% | 10 |
| 2020s | 48.4% | 44.1% | 53.6% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
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 trade in Latin America & Caribbean (excluding high income)?
- Trade in Latin America & Caribbean (excluding high income) was 47.5% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 53.6% in 2022.
- What is the lowest trade recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 17.8% in 1967.
- How does Latin America & Caribbean (excluding high income) rank for trade?
- Latin America & Caribbean (excluding high income) ranks 35th out of 43 groups with data for 2025.
- Is trade rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 11.7%. 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.