Commercial service exports (current US$), per unit of GDP in Latin America & Caribbean
Latin America & Caribbean: Commercial service exports (current US$), per unit of GDP was 0.0432 current US$ per US$ of GDP in 2025. ▲ Rising
Commercial service exports (current US$), per unit of GDP in Latin America & Caribbean, 1977–2025
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2025, commercial service exports (current us$), per unit of gdp in Latin America & Caribbean stood at 0.0432 current US$ per US$ of GDP. That is the highest value across all 49 years on record.
That represents a change of up 1.6% on the previous year and up 26.6% over ten years.
Over the whole period, commercial service exports (current us$), per unit of gdp in Latin America & Caribbean peaked at 0.0432 current US$ per US$ of GDP in 2025 and was at its lowest, 0.0224 current US$ per US$ of GDP, in 1981.
Latin America & Caribbean ranks 28th of 42 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 49 years of available data.
Commercial service exports (current US$), per unit of GDP in Latin America & Caribbean, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1977 | 0.0249 current US$ per US$ of GDP | — |
| 1978 | 0.0235 current US$ per US$ of GDP | -5.6% |
| 1979 | 0.0263 current US$ per US$ of GDP | +11.7% |
| 1980 | 0.024 current US$ per US$ of GDP | -8.5% |
| 1981 | 0.0224 current US$ per US$ of GDP | -6.9% |
| 1982 | 0.0226 current US$ per US$ of GDP | +0.8% |
| 1983 | 0.0244 current US$ per US$ of GDP | +8.3% |
| 1984 | 0.025 current US$ per US$ of GDP | +2.2% |
| 1985 | 0.0268 current US$ per US$ of GDP | +7.4% |
| 1986 | 0.0275 current US$ per US$ of GDP | +2.4% |
| 1987 | 0.0285 current US$ per US$ of GDP | +3.7% |
| 1988 | 0.0291 current US$ per US$ of GDP | +2.1% |
| 1989 | 0.0308 current US$ per US$ of GDP | +5.8% |
| 1990 | 0.0314 current US$ per US$ of GDP | +2.3% |
| 1991 | 0.0306 current US$ per US$ of GDP | -2.7% |
| 1992 | 0.0315 current US$ per US$ of GDP | +3.1% |
| 1993 | 0.0291 current US$ per US$ of GDP | -7.8% |
| 1994 | 0.0278 current US$ per US$ of GDP | -4.4% |
| 1995 | 0.0266 current US$ per US$ of GDP | -4.2% |
| 1996 | 0.0263 current US$ per US$ of GDP | -1.1% |
| 1997 | 0.0269 current US$ per US$ of GDP | +2.0% |
| 1998 | 0.0242 current US$ per US$ of GDP | -9.8% |
| 1999 | 0.0278 current US$ per US$ of GDP | +14.8% |
| 2000 | 0.0277 current US$ per US$ of GDP | -0.3% |
| 2001 | 0.0278 current US$ per US$ of GDP | +0.2% |
| 2002 | 0.0318 current US$ per US$ of GDP | +14.3% |
| 2003 | 0.0338 current US$ per US$ of GDP | +6.4% |
| 2004 | 0.0329 current US$ per US$ of GDP | -2.7% |
| 2005 | 0.0315 current US$ per US$ of GDP | -4.1% |
| 2006 | 0.03 current US$ per US$ of GDP | -5.0% |
| 2007 | 0.0298 current US$ per US$ of GDP | -0.6% |
| 2008 | 0.0293 current US$ per US$ of GDP | -1.7% |
| 2009 | 0.0284 current US$ per US$ of GDP | -3.2% |
| 2010 | 0.0255 current US$ per US$ of GDP | -9.9% |
| 2011 | 0.0255 current US$ per US$ of GDP | -0.0% |
| 2012 | 0.027 current US$ per US$ of GDP | +5.6% |
| 2013 | 0.0278 current US$ per US$ of GDP | +3.2% |
| 2014 | 0.0295 current US$ per US$ of GDP | +6.0% |
| 2015 | 0.0341 current US$ per US$ of GDP | +15.7% |
| 2016 | 0.0365 current US$ per US$ of GDP | +6.9% |
| 2017 | 0.0351 current US$ per US$ of GDP | -3.8% |
| 2018 | 0.0375 current US$ per US$ of GDP | +6.9% |
| 2019 | 0.0395 current US$ per US$ of GDP | +5.1% |
| 2020 | 0.0298 current US$ per US$ of GDP | -24.5% |
| 2021 | 0.0327 current US$ per US$ of GDP | +9.8% |
| 2022 | 0.0397 current US$ per US$ of GDP | +21.3% |
| 2023 | 0.04 current US$ per US$ of GDP | +0.7% |
| 2024 | 0.0425 current US$ per US$ of GDP | +6.5% |
| 2025 | 0.0432 current US$ per US$ of GDP | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0249 current US$ per US$ of GDP | 0.0235 current US$ per US$ of GDP | 0.0263 current US$ per US$ of GDP | 3 |
| 1980s | 0.0261 current US$ per US$ of GDP | 0.0224 current US$ per US$ of GDP | 0.0308 current US$ per US$ of GDP | 10 |
| 1990s | 0.0282 current US$ per US$ of GDP | 0.0242 current US$ per US$ of GDP | 0.0315 current US$ per US$ of GDP | 10 |
| 2000s | 0.0303 current US$ per US$ of GDP | 0.0277 current US$ per US$ of GDP | 0.0338 current US$ per US$ of GDP | 10 |
| 2010s | 0.0318 current US$ per US$ of GDP | 0.0255 current US$ per US$ of GDP | 0.0395 current US$ per US$ of GDP | 10 |
| 2020s | 0.038 current US$ per US$ of GDP | 0.0298 current US$ per US$ of GDP | 0.0432 current US$ per US$ of GDP | 6 |
Countries ranked near Latin America & Caribbean
- 25 Fiji 0.3414 current US$ per US$ of GDP compare
- 26 Montenegro 0.3328 current US$ per US$ of GDP compare
- 27 Estonia 0.331 current US$ per US$ of GDP compare
- 28 Albania 0.3143 current US$ per US$ of GDP compare
- 29 Saint Vincent and the Grenadines 0.303 current US$ per US$ of GDP compare
- 30 Denmark 0.3025 current US$ per US$ of GDP compare
- 31 Lithuania 0.3019 current US$ per US$ of GDP 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$), annual growth rate 6.02 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports (current us$), per unit of gdp in Latin America & Caribbean?
- Commercial service exports (current us$), per unit of gdp in Latin America & Caribbean was 0.0432 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), per unit of gdp recorded in Latin America & Caribbean?
- The highest recorded value was 0.0432 current US$ per US$ of GDP in 2025.
- What is the lowest commercial service exports (current us$), per unit of gdp recorded in Latin America & Caribbean?
- The lowest recorded value was 0.0224 current US$ per US$ of GDP in 1981.
- How does Latin America & Caribbean rank for commercial service exports (current us$), per unit of gdp?
- Latin America & Caribbean ranks 28th out of 42 groups with data for 2025.
- Is commercial service exports (current us$), per unit of gdp rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 26.6%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean data come from?
- The figures come from Statizoid (derived), published as part of Commercial service exports (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Commercial service exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Commercial service exports (current US$) ÷ GDP (current US$)
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Commercial service exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.