Transport services in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Transport services was 26.8% in 2025. ▼ Falling
Transport services in Latin America & Caribbean (excluding high income), 1979–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
In 2025, transport services in Latin America & Caribbean (excluding high income) stood at 26.8%.
Compared with earlier readings it is down 6.8% on the previous year and up 9.3% over ten years.
Over the whole period, transport services in Latin America & Caribbean (excluding high income) peaked at 39.8% in 1984 and was at its lowest, 23.6%, in 2016.
That places Latin America & Caribbean (excluding high income) 21st out of 47 groups with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Transport services in Latin America & Caribbean (excluding high income), year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1979 | 36.8% | — |
| 1980 | 38.9% | +5.7% |
| 1981 | 37.3% | -4.2% |
| 1982 | 34.8% | -6.6% |
| 1983 | 37.9% | +8.8% |
| 1984 | 39.8% | +5.1% |
| 1985 | 37.1% | -7.0% |
| 1986 | 36.5% | -1.6% |
| 1987 | 38.8% | +6.5% |
| 1988 | 38.4% | -1.2% |
| 1989 | 35.8% | -6.7% |
| 1990 | 33.1% | -7.6% |
| 1991 | 35.8% | +8.2% |
| 1992 | 35.5% | -0.8% |
| 1993 | 35.3% | -0.7% |
| 1994 | 37.2% | +5.5% |
| 1995 | 38.9% | +4.5% |
| 1996 | 31.1% | -19.9% |
| 1997 | 32.4% | +4.3% |
| 1998 | 35.8% | +10.4% |
| 1999 | 36.0% | +0.4% |
| 2000 | 35.7% | -0.8% |
| 2001 | 34.9% | -2.2% |
| 2002 | 32.1% | -8.0% |
| 2003 | 31.0% | -3.4% |
| 2004 | 33.8% | +8.9% |
| 2005 | 33.2% | -1.6% |
| 2006 | 33.8% | +1.6% |
| 2007 | 33.5% | -0.7% |
| 2008 | 34.3% | +2.3% |
| 2009 | 28.1% | -18.2% |
| 2010 | 28.9% | +2.9% |
| 2011 | 28.4% | -1.5% |
| 2012 | 27.8% | -2.4% |
| 2013 | 26.7% | -3.7% |
| 2014 | 25.8% | -3.5% |
| 2015 | 24.5% | -4.9% |
| 2016 | 23.6% | -3.7% |
| 2017 | 24.5% | +3.7% |
| 2018 | 25.2% | +2.8% |
| 2019 | 25.0% | -0.8% |
| 2020 | 27.1% | +8.4% |
| 2021 | 37.2% | +37.4% |
| 2022 | 37.3% | +0.3% |
| 2023 | 30.4% | -18.5% |
| 2024 | 28.8% | -5.3% |
| 2025 | 26.8% | -6.8% |
Biggest year-on-year movements
Years where Transport services in Latin America & Caribbean (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +37.4% | 27.1% | 37.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.8% | 36.8% | 36.8% | 1 |
| 1980s | 37.5% | 34.8% | 39.8% | 10 |
| 1990s | 35.1% | 31.1% | 38.9% | 10 |
| 2000s | 33.1% | 28.1% | 35.7% | 10 |
| 2010s | 26.0% | 23.6% | 28.9% | 10 |
| 2020s | 31.3% | 26.8% | 37.3% | 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 transport services in Latin America & Caribbean (excluding high income)?
- Transport services in Latin America & Caribbean (excluding high income) was 26.8% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 39.8% in 1984.
- What is the lowest transport services recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 23.6% in 2016.
- How does Latin America & Caribbean (excluding high income) rank for transport services?
- Latin America & Caribbean (excluding high income) ranks 21st out of 47 groups with data for 2025.
- Is transport services rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 9.3%. The long-run trend across the full record is falling.
- 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 Transport services (% of service imports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.