Trade in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Trade was 48.6% in 2025. ▲ Rising
Trade in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for trade in Latin America & the Caribbean (IDA & IBRD countries) is 48.6%, measured in 2025.
That represents a change of up 1.6% on the previous year and up 10.0% over ten years.
Over the whole period, trade in Latin America & the Caribbean (IDA & IBRD countries) peaked at 54.7% in 2022 and was at its lowest, 19.6%, in 1967.
Latin America & the Caribbean (IDA & IBRD countries) ranks 30th of 43 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Trade in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 21.7% | — |
| 1961 | 20.9% | -3.9% |
| 1962 | 19.7% | -5.8% |
| 1963 | 23.1% | +17.3% |
| 1964 | 20.2% | -12.5% |
| 1965 | 20.3% | +0.6% |
| 1966 | 20.3% | -0.2% |
| 1967 | 19.6% | -3.0% |
| 1968 | 20.5% | +4.3% |
| 1969 | 20.9% | +2.2% |
| 1970 | 21.4% | +2.1% |
| 1971 | 21.1% | -1.3% |
| 1972 | 21.9% | +3.8% |
| 1973 | 23.2% | +5.9% |
| 1974 | 27.6% | +19.2% |
| 1975 | 25.8% | -6.5% |
| 1976 | 25.5% | -1.4% |
| 1977 | 26.0% | +2.2% |
| 1978 | 25.6% | -1.6% |
| 1979 | 27.0% | +5.5% |
| 1980 | 28.2% | +4.4% |
| 1981 | 27.2% | -3.6% |
| 1982 | 25.8% | -4.9% |
| 1983 | 27.5% | +6.4% |
| 1984 | 28.2% | +2.5% |
| 1985 | 27.5% | -2.2% |
| 1986 | 26.6% | -3.3% |
| 1987 | 27.5% | +3.2% |
| 1988 | 30.9% | +12.5% |
| 1989 | 30.4% | -1.5% |
| 1990 | 31.2% | +2.5% |
| 1991 | 28.0% | -10.2% |
| 1992 | 29.2% | +4.1% |
| 1993 | 27.5% | -5.7% |
| 1994 | 28.1% | +1.9% |
| 1995 | 31.1% | +10.7% |
| 1996 | 31.7% | +2.1% |
| 1997 | 32.2% | +1.4% |
| 1998 | 32.4% | +0.7% |
| 1999 | 33.6% | +3.8% |
| 2000 | 35.3% | +5.0% |
| 2001 | 35.7% | +1.1% |
| 2002 | 38.0% | +6.3% |
| 2003 | 39.6% | +4.3% |
| 2004 | 41.6% | +5.0% |
| 2005 | 41.2% | -1.0% |
| 2006 | 41.8% | +1.4% |
| 2007 | 41.9% | +0.3% |
| 2008 | 43.6% | +4.1% |
| 2009 | 37.9% | -13.1% |
| 2010 | 40.0% | +5.8% |
| 2011 | 42.1% | +5.2% |
| 2012 | 44.6% | +5.8% |
| 2013 | 44.2% | -0.8% |
| 2014 | 43.7% | -1.1% |
| 2015 | 44.2% | +1.1% |
| 2016 | 43.3% | -2.1% |
| 2017 | 43.5% | +0.5% |
| 2018 | 47.5% | +9.3% |
| 2019 | 47.1% | -0.8% |
| 2020 | 45.6% | -3.3% |
| 2021 | 51.5% | +12.9% |
| 2022 | 54.7% | +6.3% |
| 2023 | 46.9% | -14.3% |
| 2024 | 47.8% | +2.0% |
| 2025 | 48.6% | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.7% | 19.6% | 23.1% | 10 |
| 1970s | 24.5% | 21.1% | 27.6% | 10 |
| 1980s | 28.0% | 25.8% | 30.9% | 10 |
| 1990s | 30.5% | 27.5% | 33.6% | 10 |
| 2000s | 39.6% | 35.3% | 43.6% | 10 |
| 2010s | 44.0% | 40.0% | 47.5% | 10 |
| 2020s | 49.2% | 45.6% | 54.7% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
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)
- General government final consumption expenditure (constant 2015 US$) 2.17 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.136 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,472 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 4.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.48 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6,311 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5831 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,700 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,460 current US$ per person (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is trade in Latin America & the Caribbean (IDA & IBRD countries)?
- Trade in Latin America & the Caribbean (IDA & IBRD countries) was 48.6% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 54.7% in 2022.
- What is the lowest trade recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 19.6% in 1967.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for trade?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 30th out of 43 groups with data for 2025.
- Is trade rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 10.0%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.