Commercial service imports (current US$), annual growth rate in Latin America & Caribbean
Latin America & Caribbean: Commercial service imports (current US$), annual growth rate was 5.44 % change on previous year in 2025. ◆ Volatile
Commercial service imports (current US$), annual growth rate in Latin America & Caribbean, 1977–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Latin America & Caribbean recorded 5.44 % change on previous year for commercial service imports (current us$), annual growth rate in 2025.
Compared with earlier readings it is down 11.1% on the previous year and up 157.6% over ten years.
Over the whole period, commercial service imports (current us$), annual growth rate in Latin America & Caribbean peaked at 33.67 % change on previous year in 2022 and was at its lowest, -27.34 % change on previous year, in 2020.
That places Latin America & Caribbean 28th out of 44 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports (current US$), annual growth rate in Latin America & Caribbean, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 24.48 % change on previous year | — |
| 1978 | 20.8 % change on previous year | -15.0% |
| 1979 | 22.32 % change on previous year | +7.3% |
| 1980 | 26.68 % change on previous year | +19.5% |
| 1981 | 12.12 % change on previous year | -54.6% |
| 1982 | -9.6 % change on previous year | -179.2% |
| 1983 | -24.18 % change on previous year | +151.8% |
| 1984 | 1.92 % change on previous year | -107.9% |
| 1985 | -1.14 % change on previous year | -159.3% |
| 1986 | 7.37 % change on previous year | -748.4% |
| 1987 | 1.71 % change on previous year | -76.9% |
| 1988 | 11.64 % change on previous year | +582.4% |
| 1989 | 8.45 % change on previous year | -27.4% |
| 1990 | 19.69 % change on previous year | +132.9% |
| 1991 | 7.59 % change on previous year | -61.5% |
| 1992 | 14.21 % change on previous year | +87.4% |
| 1993 | 13.08 % change on previous year | -8.0% |
| 1994 | 8.24 % change on previous year | -37.0% |
| 1995 | 5.96 % change on previous year | -27.6% |
| 1996 | 2.75 % change on previous year | -54.0% |
| 1997 | 15.85 % change on previous year | +477.2% |
| 1998 | 3.84 % change on previous year | -75.8% |
| 1999 | -5.29 % change on previous year | -237.8% |
| 2000 | 12.19 % change on previous year | -330.3% |
| 2001 | -0.2654 % change on previous year | -102.2% |
| 2002 | -3.39 % change on previous year | +1177.0% |
| 2003 | 3.61 % change on previous year | -206.6% |
| 2004 | 14.39 % change on previous year | +298.1% |
| 2005 | 19.24 % change on previous year | +33.7% |
| 2006 | 12.53 % change on previous year | -34.9% |
| 2007 | 22.64 % change on previous year | +80.6% |
| 2008 | 19.19 % change on previous year | -15.2% |
| 2009 | -7.61 % change on previous year | -139.7% |
| 2010 | 23.55 % change on previous year | -409.3% |
| 2011 | 19.36 % change on previous year | -17.8% |
| 2012 | 7.57 % change on previous year | -60.9% |
| 2013 | 6.4 % change on previous year | -15.5% |
| 2014 | 2.92 % change on previous year | -54.4% |
| 2015 | -9.45 % change on previous year | -424.1% |
| 2016 | -4.36 % change on previous year | -53.8% |
| 2017 | 8.87 % change on previous year | -303.3% |
| 2018 | 3.87 % change on previous year | -56.3% |
| 2019 | -1.97 % change on previous year | -151.0% |
| 2020 | -27.34 % change on previous year | +1284.6% |
| 2021 | 27.35 % change on previous year | -200.0% |
| 2022 | 33.67 % change on previous year | +23.1% |
| 2023 | 5.12 % change on previous year | -84.8% |
| 2024 | 6.12 % change on previous year | +19.7% |
| 2025 | 5.44 % change on previous year | -11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.54 % change on previous year | 20.8 % change on previous year | 24.48 % change on previous year | 3 |
| 1980s | 3.5 % change on previous year | -24.18 % change on previous year | 26.68 % change on previous year | 10 |
| 1990s | 8.59 % change on previous year | -5.29 % change on previous year | 19.69 % change on previous year | 10 |
| 2000s | 9.25 % change on previous year | -7.61 % change on previous year | 22.64 % change on previous year | 10 |
| 2010s | 5.67 % change on previous year | -9.45 % change on previous year | 23.55 % change on previous year | 10 |
| 2020s | 8.39 % change on previous year | -27.34 % change on previous year | 33.67 % change on previous year | 6 |
Countries ranked near Latin America & Caribbean
- 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
- 29 Morocco 18.92 % change on previous year compare
- 30 Romania 18.86 % change on previous year compare
- 31 Lithuania 18.81 % 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$), annual growth rate 6.02 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports (current us$), annual growth rate in Latin America & Caribbean?
- Commercial service imports (current us$), annual growth rate in Latin America & Caribbean was 5.44 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest commercial service imports (current us$), annual growth rate recorded in Latin America & Caribbean?
- The highest recorded value was 33.67 % change on previous year in 2022.
- What is the lowest commercial service imports (current us$), annual growth rate recorded in Latin America & Caribbean?
- The lowest recorded value was -27.34 % change on previous year in 2020.
- How does Latin America & Caribbean rank for commercial service imports (current us$), annual growth rate?
- Latin America & Caribbean ranks 28th out of 44 groups with data for 2025.
- Is commercial service imports (current us$), annual growth rate rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 157.6%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Statizoid (derived), published as part of Commercial service imports (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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.