Commercial service imports (current US$), annual growth rate in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Commercial service imports (current US$), annual growth rate was 5.44 % change on previous year in 2025. ◆ Volatile
Commercial service imports (current US$), annual growth rate in Latin America & the Caribbean (IDA & IBRD countries), 1977–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for commercial service imports (current us$), annual growth rate in Latin America & the Caribbean (IDA & IBRD countries) is 5.44 % change on previous year, measured in 2025.
The figure is down 10.3% on the previous year and up 157.8% over ten years.
Over the whole period, commercial service imports (current us$), annual growth rate in Latin America & the Caribbean (IDA & IBRD countries) peaked at 33.9 % change on previous year in 2022 and was at its lowest, -27.37 % change on previous year, in 2020.
Latin America & the Caribbean (IDA & IBRD countries) ranks 29th of 44 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports (current US$), annual growth rate in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 24 % change on previous year | — |
| 1978 | 21.33 % change on previous year | -11.1% |
| 1979 | 22.41 % change on previous year | +5.1% |
| 1980 | 26.77 % change on previous year | +19.4% |
| 1981 | 12.08 % change on previous year | -54.9% |
| 1982 | -9.82 % change on previous year | -181.3% |
| 1983 | -24.54 % change on previous year | +149.9% |
| 1984 | 1.98 % change on previous year | -108.1% |
| 1985 | -1.29 % change on previous year | -165.1% |
| 1986 | 7.39 % change on previous year | -672.4% |
| 1987 | 1.49 % change on previous year | -79.9% |
| 1988 | 11.74 % change on previous year | +689.1% |
| 1989 | 8.45 % change on previous year | -28.1% |
| 1990 | 19.88 % change on previous year | +135.3% |
| 1991 | 7.75 % change on previous year | -61.0% |
| 1992 | 14.52 % change on previous year | +87.3% |
| 1993 | 13.12 % change on previous year | -9.7% |
| 1994 | 8.09 % change on previous year | -38.3% |
| 1995 | 4.32 % change on previous year | -46.6% |
| 1996 | 1.35 % change on previous year | -68.6% |
| 1997 | 16.2 % change on previous year | +1095.8% |
| 1998 | 5 % change on previous year | -69.1% |
| 1999 | -4.69 % change on previous year | -193.9% |
| 2000 | 12.38 % change on previous year | -363.8% |
| 2001 | -0.1158 % change on previous year | -100.9% |
| 2002 | -3.5 % change on previous year | +2921.8% |
| 2003 | 3.41 % change on previous year | -197.4% |
| 2004 | 14.63 % change on previous year | +329.2% |
| 2005 | 19.53 % change on previous year | +33.5% |
| 2006 | 12.42 % change on previous year | -36.4% |
| 2007 | 23.09 % change on previous year | +85.9% |
| 2008 | 19.66 % change on previous year | -14.9% |
| 2009 | -7.49 % change on previous year | -138.1% |
| 2010 | 23.81 % change on previous year | -417.8% |
| 2011 | 19.36 % change on previous year | -18.7% |
| 2012 | 7.53 % change on previous year | -61.1% |
| 2013 | 6.42 % change on previous year | -14.7% |
| 2014 | 2.9 % change on previous year | -54.8% |
| 2015 | -9.41 % change on previous year | -424.3% |
| 2016 | -4.94 % change on previous year | -47.5% |
| 2017 | 8.9 % change on previous year | -280.3% |
| 2018 | 3.82 % change on previous year | -57.0% |
| 2019 | -1.97 % change on previous year | -151.5% |
| 2020 | -27.37 % change on previous year | +1289.9% |
| 2021 | 27.6 % change on previous year | -200.8% |
| 2022 | 33.9 % change on previous year | +22.9% |
| 2023 | 4.97 % change on previous year | -85.3% |
| 2024 | 6.07 % change on previous year | +22.0% |
| 2025 | 5.44 % change on previous year | -10.3% |
Biggest year-on-year movements
Years where Commercial service imports (current US$), annual growth rate 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 |
|---|---|---|---|
| 2002 | -2921.8% | -0.1158 % change on previous year | -3.5 % change on previous year |
| 2020 | -1289.9% | -1.97 % change on previous year | -27.37 % change on previous year |
| 1997 | +1095.8% | 1.35 % change on previous year | 16.2 % change on previous year |
| 1988 | +689.1% | 1.49 % change on previous year | 11.74 % change on previous year |
| 1986 | +672.4% | -1.29 % change on previous year | 7.39 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.58 % change on previous year | 21.33 % change on previous year | 24 % change on previous year | 3 |
| 1980s | 3.43 % change on previous year | -24.54 % change on previous year | 26.77 % change on previous year | 10 |
| 1990s | 8.55 % change on previous year | -4.69 % change on previous year | 19.88 % change on previous year | 10 |
| 2000s | 9.4 % change on previous year | -7.49 % change on previous year | 23.09 % change on previous year | 10 |
| 2010s | 5.64 % change on previous year | -9.41 % change on previous year | 23.81 % change on previous year | 10 |
| 2020s | 8.44 % change on previous year | -27.37 % change on previous year | 33.9 % change on previous year | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 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
- 32 Croatia 18.74 % change on previous year compare
More private sector data for Latin America & the Caribbean (IDA & IBRD countries)
- Merchandise trade 44.2% (2025)
- Food imports 9.0% (2024)
- Manufactures imports 73.2% (2024)
- Merchandise imports 1.57 trillion current US$ (2025)
- Food exports 19.7% (2025)
- Manufactures exports 56.4% (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)
- Merchandise exports (current US$), annual growth rate 6.04 % change on previous year (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is commercial service imports (current us$), annual growth rate in Latin America & the Caribbean (IDA & IBRD countries)?
- Commercial service imports (current us$), annual growth rate in Latin America & the Caribbean (IDA & IBRD countries) was 5.44 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest commercial service imports (current us$), annual growth rate recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 33.9 % change on previous year in 2022.
- What is the lowest commercial service imports (current us$), annual growth rate recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was -27.37 % change on previous year in 2020.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for commercial service imports (current us$), annual growth rate?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 29th out of 44 groups with data for 2025.
- Is commercial service imports (current us$), annual growth rate rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 157.8%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) data come from?
- The figures come from Statizoid (derived), published as part of Commercial service imports (current US$), 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.