Commercial service imports (current US$), annual growth rate in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Commercial service imports (current US$), annual growth rate was 5.76 % change on previous year in 2025. ◆ Volatile
Commercial service imports (current US$), annual growth rate in Latin America & Caribbean (excluding high income), 1977–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latin America & Caribbean (excluding high income) recorded 5.76 % change on previous year for commercial service imports (current us$), annual growth rate in 2025.
The figure is down 16.5% on the previous year and up 156.7% over ten years.
Over the whole period, commercial service imports (current us$), annual growth rate in Latin America & Caribbean (excluding high income) peaked at 33.39 % change on previous year in 2022 and was at its lowest, -28.27 % change on previous year, in 2020.
That places Latin America & Caribbean (excluding high income) 25th out of 44 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports (current US$), annual growth rate in Latin America & Caribbean (excluding high income), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 22.6 % change on previous year | — |
| 1978 | 22.42 % change on previous year | -0.8% |
| 1979 | 21 % change on previous year | -6.3% |
| 1980 | 23.78 % change on previous year | +13.3% |
| 1981 | 12.73 % change on previous year | -46.5% |
| 1982 | -10.76 % change on previous year | -184.5% |
| 1983 | -27.12 % change on previous year | +151.9% |
| 1984 | 3.04 % change on previous year | -111.2% |
| 1985 | -0.6999 % change on previous year | -123.0% |
| 1986 | 5.45 % change on previous year | -878.6% |
| 1987 | 2.53 % change on previous year | -53.6% |
| 1988 | 13.72 % change on previous year | +442.3% |
| 1989 | 7.71 % change on previous year | -43.8% |
| 1990 | 22.14 % change on previous year | +187.3% |
| 1991 | 8.18 % change on previous year | -63.1% |
| 1992 | 13.9 % change on previous year | +70.0% |
| 1993 | 13.69 % change on previous year | -1.5% |
| 1994 | 8.06 % change on previous year | -41.1% |
| 1995 | 3.62 % change on previous year | -55.2% |
| 1996 | 1.38 % change on previous year | -61.9% |
| 1997 | 17.11 % change on previous year | +1143.6% |
| 1998 | 4.85 % change on previous year | -71.7% |
| 1999 | -5.57 % change on previous year | -214.8% |
| 2000 | 12.9 % change on previous year | -331.7% |
| 2001 | 0.064 % change on previous year | -99.5% |
| 2002 | -4.27 % change on previous year | -6765.8% |
| 2003 | 3.35 % change on previous year | -178.6% |
| 2004 | 14.02 % change on previous year | +318.2% |
| 2005 | 19.63 % change on previous year | +40.0% |
| 2006 | 13.26 % change on previous year | -32.5% |
| 2007 | 24.46 % change on previous year | +84.5% |
| 2008 | 19.88 % change on previous year | -18.7% |
| 2009 | -6.56 % change on previous year | -133.0% |
| 2010 | 23.83 % change on previous year | -463.5% |
| 2011 | 17.64 % change on previous year | -26.0% |
| 2012 | 7.61 % change on previous year | -56.9% |
| 2013 | 5.95 % change on previous year | -21.8% |
| 2014 | 3.7 % change on previous year | -37.9% |
| 2015 | -10.15 % change on previous year | -374.7% |
| 2016 | -5.58 % change on previous year | -45.1% |
| 2017 | 9.41 % change on previous year | -268.7% |
| 2018 | 2.88 % change on previous year | -69.4% |
| 2019 | -2.52 % change on previous year | -187.5% |
| 2020 | -28.27 % change on previous year | +1021.9% |
| 2021 | 26.46 % change on previous year | -193.6% |
| 2022 | 33.39 % change on previous year | +26.2% |
| 2023 | 6.47 % change on previous year | -80.6% |
| 2024 | 6.9 % change on previous year | +6.6% |
| 2025 | 5.76 % change on previous year | -16.5% |
Biggest year-on-year movements
Years where Commercial service imports (current US$), annual growth rate 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 |
|---|---|---|---|
| 2002 | -6765.8% | 0.064 % change on previous year | -4.27 % change on previous year |
| 1997 | +1143.6% | 1.38 % change on previous year | 17.11 % change on previous year |
| 2020 | -1021.9% | -2.52 % change on previous year | -28.27 % change on previous year |
| 1986 | +878.6% | -0.6999 % change on previous year | 5.45 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.01 % change on previous year | 21 % change on previous year | 22.6 % change on previous year | 3 |
| 1980s | 3.04 % change on previous year | -27.12 % change on previous year | 23.78 % change on previous year | 10 |
| 1990s | 8.74 % change on previous year | -5.57 % change on previous year | 22.14 % change on previous year | 10 |
| 2000s | 9.67 % change on previous year | -6.56 % change on previous year | 24.46 % change on previous year | 10 |
| 2010s | 5.28 % change on previous year | -10.15 % change on previous year | 23.83 % change on previous year | 10 |
| 2020s | 8.45 % change on previous year | -28.27 % change on previous year | 33.39 % change on previous year | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 22 Tajikistan 21.48 % change on previous year compare
- 23 Libya 21.08 % change on previous year compare
- 24 Bangladesh 21 % change on previous year compare
- 25 Latvia 20.66 % change on previous year compare
- 26 Israel 19.79 % change on previous year compare
- 27 Albania 19.56 % change on previous year compare
- 28 Iraq 19.08 % change on previous year 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$), annual growth rate 6.06 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is commercial service imports (current us$), annual growth rate in Latin America & Caribbean (excluding high income)?
- Commercial service imports (current us$), annual growth rate in Latin America & Caribbean (excluding high income) was 5.76 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest commercial service imports (current us$), annual growth rate recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 33.39 % change on previous year in 2022.
- What is the lowest commercial service imports (current us$), annual growth rate recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was -28.27 % change on previous year in 2020.
- How does Latin America & Caribbean (excluding high income) rank for commercial service imports (current us$), annual growth rate?
- Latin America & Caribbean (excluding high income) ranks 25th out of 44 groups with data for 2025.
- Is commercial service imports (current us$), annual growth rate rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 156.7%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Statizoid (derived), published as part of Commercial service imports (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Commercial service imports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Commercial service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Commercial service imports (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.