Commercial service exports (current US$), annual growth rate in Latin America & Caribbean
Latin America & Caribbean: Commercial service exports (current US$), annual growth rate was 5.96 % change on previous year in 2025. ◆ Volatile
Commercial service exports (current US$), annual growth rate in Latin America & Caribbean, 1978–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for commercial service exports (current us$), annual growth rate in Latin America & Caribbean is 5.96 % change on previous year, measured in 2025.
The figure is down 35.3% on the previous year and up 469.2% over ten years.
Over the whole period, commercial service exports (current us$), annual growth rate in Latin America & Caribbean peaked at 38.53 % change on previous year in 2022 and was at its lowest, -36.15 % change on previous year, in 2020.
Latin America & Caribbean ranks 36th of 42 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports (current US$), annual growth rate in Latin America & Caribbean, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 13 % change on previous year | — |
| 1979 | 25.32 % change on previous year | +94.7% |
| 1980 | 11.23 % change on previous year | -55.6% |
| 1981 | 6.32 % change on previous year | -43.7% |
| 1982 | -7.23 % change on previous year | -214.3% |
| 1983 | -4.4 % change on previous year | -39.1% |
| 1984 | 7.51 % change on previous year | -270.6% |
| 1985 | 6.17 % change on previous year | -17.9% |
| 1986 | 3.72 % change on previous year | -39.6% |
| 1987 | 11.27 % change on previous year | +202.4% |
| 1988 | 11.97 % change on previous year | +6.2% |
| 1989 | 16.79 % change on previous year | +40.3% |
| 1990 | 13.26 % change on previous year | -21.0% |
| 1991 | 5 % change on previous year | -62.3% |
| 1992 | 12.62 % change on previous year | +152.5% |
| 1993 | 9.07 % change on previous year | -28.1% |
| 1994 | 11.64 % change on previous year | +28.3% |
| 1995 | 3.62 % change on previous year | -68.9% |
| 1996 | 6.99 % change on previous year | +93.2% |
| 1997 | 11.89 % change on previous year | +70.1% |
| 1998 | -8.66 % change on previous year | -172.8% |
| 1999 | 3.75 % change on previous year | -143.3% |
| 2000 | 10.07 % change on previous year | +168.8% |
| 2001 | -1.76 % change on previous year | -117.5% |
| 2002 | 2.83 % change on previous year | -261.2% |
| 2003 | 8.45 % change on previous year | +198.4% |
| 2004 | 11.9 % change on previous year | +40.7% |
| 2005 | 15.71 % change on previous year | +32.1% |
| 2006 | 11.16 % change on previous year | -28.9% |
| 2007 | 17.05 % change on previous year | +52.8% |
| 2008 | 14.21 % change on previous year | -16.6% |
| 2009 | -9.2 % change on previous year | -164.7% |
| 2010 | 11.58 % change on previous year | -225.8% |
| 2011 | 13.71 % change on previous year | +18.5% |
| 2012 | 6.66 % change on previous year | -51.4% |
| 2013 | 4.09 % change on previous year | -38.6% |
| 2014 | 5.43 % change on previous year | +32.8% |
| 2015 | -1.61 % change on previous year | -129.7% |
| 2016 | 4.09 % change on previous year | -353.2% |
| 2017 | 6.83 % change on previous year | +67.1% |
| 2018 | 4.41 % change on previous year | -35.4% |
| 2019 | 3.06 % change on previous year | -30.7% |
| 2020 | -36.15 % change on previous year | -1283.1% |
| 2021 | 27.73 % change on previous year | -176.7% |
| 2022 | 38.53 % change on previous year | +39.0% |
| 2023 | 13.19 % change on previous year | -65.8% |
| 2024 | 9.21 % change on previous year | -30.2% |
| 2025 | 5.96 % change on previous year | -35.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.16 % change on previous year | 13 % change on previous year | 25.32 % change on previous year | 2 |
| 1980s | 6.34 % change on previous year | -7.23 % change on previous year | 16.79 % change on previous year | 10 |
| 1990s | 6.92 % change on previous year | -8.66 % change on previous year | 13.26 % change on previous year | 10 |
| 2000s | 8.04 % change on previous year | -9.2 % change on previous year | 17.05 % change on previous year | 10 |
| 2010s | 5.82 % change on previous year | -1.61 % change on previous year | 13.71 % change on previous year | 10 |
| 2020s | 9.74 % change on previous year | -36.15 % change on previous year | 38.53 % change on previous year | 6 |
Countries ranked near Latin America & Caribbean
- 33 Côte d'Ivoire 20.32 % change on previous year compare
- 34 Albania 20.27 % change on previous year compare
- 35 Iraq 19.83 % change on previous year compare
- 36 Uganda 18.95 % change on previous year compare
- 37 Morocco 18.56 % change on previous year compare
- 38 Lithuania 18.46 % change on previous year compare
- 39 Afghanistan 18.43 % change on previous year compare
More private sector data for Latin America & Caribbean
- Merchandise trade 44.2% (2025)
- Food imports 9.1% (2024)
- Manufactures imports 73.2% (2024)
- Merchandise imports 1.66 trillion current US$ (2025)
- Food exports 24.7% (2024)
- Manufactures exports 46.5% (2024)
- Merchandise exports 1.67 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,503 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2256 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.02 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports (current us$), annual growth rate in Latin America & Caribbean?
- Commercial service exports (current us$), annual growth rate in Latin America & Caribbean was 5.96 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), annual growth rate recorded in Latin America & Caribbean?
- The highest recorded value was 38.53 % change on previous year in 2022.
- What is the lowest commercial service exports (current us$), annual growth rate recorded in Latin America & Caribbean?
- The lowest recorded value was -36.15 % change on previous year in 2020.
- How does Latin America & Caribbean rank for commercial service exports (current us$), annual growth rate?
- Latin America & Caribbean ranks 36th out of 42 groups with data for 2025.
- Is commercial service exports (current us$), annual growth rate rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 469.2%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Statizoid (derived), published as part of Commercial service exports (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Commercial service exports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.