Commercial service exports in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Commercial service exports was 213.40 billion current US$ in 2025. ◆ Volatile
Commercial service exports in Latin America & Caribbean (excluding high income), 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2025, commercial service exports in Latin America & Caribbean (excluding high income) stood at 213.40 billion current US$. That is the highest value across all 49 years on record.
That represents a change of up 5.5% on the previous year and up 74.1% over ten years.
Over the whole period, commercial service exports in Latin America & Caribbean (excluding high income) peaked at 213.40 billion current US$ in 2025 and was at its lowest, 8.89 billion current US$, in 1977.
That places Latin America & Caribbean (excluding high income) 27th out of 45 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports in Latin America & Caribbean (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 8.89 billion current US$ | — |
| 1978 | 10.10 billion current US$ | +13.6% |
| 1979 | 12.22 billion current US$ | +21.0% |
| 1980 | 12.82 billion current US$ | +4.9% |
| 1981 | 13.93 billion current US$ | +8.7% |
| 1982 | 12.88 billion current US$ | -7.6% |
| 1983 | 12.20 billion current US$ | -5.2% |
| 1984 | 13.37 billion current US$ | +9.6% |
| 1985 | 13.99 billion current US$ | +4.6% |
| 1986 | 14.09 billion current US$ | +0.7% |
| 1987 | 16.11 billion current US$ | +14.4% |
| 1988 | 18.40 billion current US$ | +14.2% |
| 1989 | 21.55 billion current US$ | +17.1% |
| 1990 | 24.56 billion current US$ | +14.0% |
| 1991 | 25.55 billion current US$ | +4.0% |
| 1992 | 28.89 billion current US$ | +13.1% |
| 1993 | 31.55 billion current US$ | +9.2% |
| 1994 | 35.21 billion current US$ | +11.6% |
| 1995 | 36.28 billion current US$ | +3.0% |
| 1996 | 38.48 billion current US$ | +6.1% |
| 1997 | 43.79 billion current US$ | +13.8% |
| 1998 | 37.88 billion current US$ | -13.5% |
| 1999 | 38.06 billion current US$ | +0.5% |
| 2000 | 43.24 billion current US$ | +13.6% |
| 2001 | 42.27 billion current US$ | -2.3% |
| 2002 | 44.05 billion current US$ | +4.2% |
| 2003 | 47.59 billion current US$ | +8.0% |
| 2004 | 53.31 billion current US$ | +12.0% |
| 2005 | 62.15 billion current US$ | +16.6% |
| 2006 | 69.53 billion current US$ | +11.9% |
| 2007 | 81.66 billion current US$ | +17.4% |
| 2008 | 93.46 billion current US$ | +14.5% |
| 2009 | 85.08 billion current US$ | -9.0% |
| 2010 | 93.64 billion current US$ | +10.1% |
| 2011 | 105.20 billion current US$ | +12.4% |
| 2012 | 111.55 billion current US$ | +6.0% |
| 2013 | 116.49 billion current US$ | +4.4% |
| 2014 | 125.33 billion current US$ | +7.6% |
| 2015 | 122.57 billion current US$ | -2.2% |
| 2016 | 125.08 billion current US$ | +2.0% |
| 2017 | 134.50 billion current US$ | +7.5% |
| 2018 | 140.26 billion current US$ | +4.3% |
| 2019 | 144.39 billion current US$ | +2.9% |
| 2020 | 92.80 billion current US$ | -35.7% |
| 2021 | 121.33 billion current US$ | +30.7% |
| 2022 | 164.54 billion current US$ | +35.6% |
| 2023 | 184.47 billion current US$ | +12.1% |
| 2024 | 202.20 billion current US$ | +9.6% |
| 2025 | 213.40 billion current US$ | +5.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.40 billion current US$ | 8.89 billion current US$ | 12.22 billion current US$ | 3 |
| 1980s | 14.93 billion current US$ | 12.20 billion current US$ | 21.55 billion current US$ | 10 |
| 1990s | 34.03 billion current US$ | 24.56 billion current US$ | 43.79 billion current US$ | 10 |
| 2000s | 62.23 billion current US$ | 42.27 billion current US$ | 93.46 billion current US$ | 10 |
| 2010s | 121.90 billion current US$ | 93.64 billion current US$ | 144.39 billion current US$ | 10 |
| 2020s | 163.13 billion current US$ | 92.80 billion current US$ | 213.40 billion current US$ | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 24 Israel 92.33 billion current US$ compare
- 25 Australia 90.93 billion current US$ compare
- 26 Thailand 75.39 billion current US$ compare
- 27 Saudi Arabia 66.92 billion current US$ compare
- 28 Mexico 63.79 billion current US$ compare
- 29 Norway 63.33 billion current US$ compare
- 30 Portugal 62.46 billion current US$ compare
More private sector data for Latin America & Caribbean (excluding high income)
- Merchandise trade 43.4% (2025)
- Food imports 8.3% (2024)
- Manufactures imports 74.3% (2024)
- Merchandise imports 1.40 trillion current US$ (2025)
- Food exports 19.4% (2025)
- Manufactures exports 61.3% (2025)
- Merchandise exports 1.37 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,178 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2093 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.06 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is commercial service exports in Latin America & Caribbean (excluding high income)?
- Commercial service exports in Latin America & Caribbean (excluding high income) was 213.40 billion current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 213.40 billion current US$ in 2025.
- What is the lowest commercial service exports recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 8.89 billion current US$ in 1977.
- How does Latin America & Caribbean (excluding high income) rank for commercial service exports?
- Latin America & Caribbean (excluding high income) ranks 27th out of 45 groups with data for 2025.
- Is commercial service exports rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 74.1%. The long-run trend across the full record is volatile.
- 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 Commercial service exports (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.