Commercial service exports (current US$) in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Commercial service exports (current US$) was 277.60 billion current US$ in 2025. ◆ Volatile
Commercial service exports in Latin America & the Caribbean (IDA & IBRD countries), 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 277.60 billion current US$ for commercial service exports in 2025. That is the highest value across all 49 years on record.
The figure is up 6.3% on the previous year and up 74.9% over ten years.
Over the whole period, commercial service exports in Latin America & the Caribbean (IDA & IBRD countries) peaked at 277.60 billion current US$ in 2025 and was at its lowest, 10.19 billion current US$, in 1977.
Latin America & the Caribbean (IDA & IBRD countries) ranks 25th of 45 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports (current US$) in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 10.19 billion current US$ | — |
| 1978 | 11.53 billion current US$ | +13.1% |
| 1979 | 14.56 billion current US$ | +26.3% |
| 1980 | 16.18 billion current US$ | +11.1% |
| 1981 | 17.20 billion current US$ | +6.3% |
| 1982 | 15.90 billion current US$ | -7.6% |
| 1983 | 15.07 billion current US$ | -5.3% |
| 1984 | 16.24 billion current US$ | +7.8% |
| 1985 | 17.09 billion current US$ | +5.2% |
| 1986 | 17.67 billion current US$ | +3.4% |
| 1987 | 19.74 billion current US$ | +11.7% |
| 1988 | 22.20 billion current US$ | +12.5% |
| 1989 | 25.98 billion current US$ | +17.0% |
| 1990 | 29.58 billion current US$ | +13.9% |
| 1991 | 31.24 billion current US$ | +5.6% |
| 1992 | 35.26 billion current US$ | +12.9% |
| 1993 | 38.54 billion current US$ | +9.3% |
| 1994 | 43.19 billion current US$ | +12.1% |
| 1995 | 44.77 billion current US$ | +3.7% |
| 1996 | 47.89 billion current US$ | +7.0% |
| 1997 | 53.80 billion current US$ | +12.3% |
| 1998 | 48.91 billion current US$ | -9.1% |
| 1999 | 50.50 billion current US$ | +3.2% |
| 2000 | 55.07 billion current US$ | +9.1% |
| 2001 | 53.96 billion current US$ | -2.0% |
| 2002 | 55.94 billion current US$ | +3.7% |
| 2003 | 60.57 billion current US$ | +8.3% |
| 2004 | 68.38 billion current US$ | +12.9% |
| 2005 | 79.36 billion current US$ | +16.1% |
| 2006 | 88.69 billion current US$ | +11.8% |
| 2007 | 104.12 billion current US$ | +17.4% |
| 2008 | 119.43 billion current US$ | +14.7% |
| 2009 | 108.32 billion current US$ | -9.3% |
| 2010 | 121.09 billion current US$ | +11.8% |
| 2011 | 138.23 billion current US$ | +14.2% |
| 2012 | 147.25 billion current US$ | +6.5% |
| 2013 | 153.47 billion current US$ | +4.2% |
| 2014 | 161.66 billion current US$ | +5.3% |
| 2015 | 158.76 billion current US$ | -1.8% |
| 2016 | 162.20 billion current US$ | +2.2% |
| 2017 | 173.74 billion current US$ | +7.1% |
| 2018 | 180.49 billion current US$ | +3.9% |
| 2019 | 185.40 billion current US$ | +2.7% |
| 2020 | 119.68 billion current US$ | -35.4% |
| 2021 | 152.06 billion current US$ | +27.1% |
| 2022 | 211.16 billion current US$ | +38.9% |
| 2023 | 239.60 billion current US$ | +13.5% |
| 2024 | 261.18 billion current US$ | +9.0% |
| 2025 | 277.60 billion current US$ | +6.3% |
Biggest year-on-year movements
Years where Commercial service exports (current US$) in Latin America & the Caribbean (IDA & IBRD countries) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -35.4% | 185.40 billion current US$ | 119.68 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.09 billion current US$ | 10.19 billion current US$ | 14.56 billion current US$ | 3 |
| 1980s | 18.33 billion current US$ | 15.07 billion current US$ | 25.98 billion current US$ | 10 |
| 1990s | 42.37 billion current US$ | 29.58 billion current US$ | 53.80 billion current US$ | 10 |
| 2000s | 79.39 billion current US$ | 53.96 billion current US$ | 119.43 billion current US$ | 10 |
| 2010s | 158.23 billion current US$ | 121.09 billion current US$ | 185.40 billion current US$ | 10 |
| 2020s | 210.21 billion current US$ | 119.68 billion current US$ | 277.60 billion current US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 22 Hong Kong 115.24 billion current US$ compare
- 23 Austria 104.54 billion current US$ compare
- 24 Australia 90.90 billion current US$ compare
- 25 Israel 90.67 billion current US$ compare
- 26 Thailand 75.46 billion current US$ compare
- 27 Portugal 68.71 billion current US$ compare
- 28 Saudi Arabia 66.92 billion current US$ compare
More private sector data for Latin America & the Caribbean (IDA & IBRD countries)
- Merchandise trade 44.2% (2025)
- Food imports 8.5% (2025)
- Manufactures imports 76.0% (2025)
- Merchandise imports 1.57 trillion current US$ (2025)
- Commercial service imports 346.03 billion current US$ (2025)
- Food exports 23.6% (2025)
- Manufactures exports 49.3% (2025)
- Merchandise exports 1.55 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,373 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2193 current US$ per US$ of GDP (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is commercial service exports in Latin America & the Caribbean (IDA & IBRD countries)?
- Commercial service exports in Latin America & the Caribbean (IDA & IBRD countries) was 277.60 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 277.60 billion current US$ in 2025.
- What is the lowest commercial service exports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 10.19 billion current US$ in 1977.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for commercial service exports?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 25th out of 45 groups with data for 2025.
- Is commercial service exports rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 74.9%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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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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.