Transport services in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Transport services was 14.1% in 2025. ▼ Falling
Transport services in Latin America & Caribbean (excluding high income), 1979–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
The most recent figure for transport services in Latin America & Caribbean (excluding high income) is 14.1%, measured in 2025. That is the lowest value across all 47 years on record.
That represents a change of down 17.0% on the previous year and down 19.9% over ten years.
Over the whole period, transport services in Latin America & Caribbean (excluding high income) peaked at 34.2% in 1985 and was at its lowest, 14.1%, in 2025.
That places Latin America & Caribbean (excluding high income) 41st out of 45 groups with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 47 years of available data.
Transport services in Latin America & Caribbean (excluding high income), year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1979 | 26.2% | — |
| 1980 | 26.7% | +2.0% |
| 1981 | 28.1% | +5.0% |
| 1982 | 29.0% | +3.3% |
| 1983 | 33.0% | +13.8% |
| 1984 | 32.3% | -2.1% |
| 1985 | 34.2% | +5.8% |
| 1986 | 31.0% | -9.2% |
| 1987 | 31.9% | +2.8% |
| 1988 | 29.9% | -6.4% |
| 1989 | 25.0% | -16.2% |
| 1990 | 23.7% | -5.4% |
| 1991 | 25.6% | +8.3% |
| 1992 | 25.9% | +1.0% |
| 1993 | 23.2% | -10.5% |
| 1994 | 23.0% | -1.0% |
| 1995 | 23.5% | +2.1% |
| 1996 | 19.4% | -17.3% |
| 1997 | 16.8% | -13.6% |
| 1998 | 16.7% | -0.7% |
| 1999 | 15.9% | -4.7% |
| 2000 | 14.5% | -8.8% |
| 2001 | 14.4% | -0.7% |
| 2002 | 17.6% | +22.4% |
| 2003 | 18.7% | +6.4% |
| 2004 | 18.9% | +0.9% |
| 2005 | 18.5% | -2.2% |
| 2006 | 18.2% | -1.6% |
| 2007 | 18.3% | +0.3% |
| 2008 | 19.1% | +4.6% |
| 2009 | 17.6% | -7.9% |
| 2010 | 18.3% | +4.0% |
| 2011 | 19.5% | +6.5% |
| 2012 | 19.2% | -1.4% |
| 2013 | 18.7% | -2.6% |
| 2014 | 17.6% | -5.7% |
| 2015 | 17.6% | -0.3% |
| 2016 | 16.8% | -4.5% |
| 2017 | 15.1% | -9.9% |
| 2018 | 15.8% | +4.4% |
| 2019 | 15.7% | -0.9% |
| 2020 | 17.9% | +14.2% |
| 2021 | 18.9% | +5.6% |
| 2022 | 17.5% | -7.6% |
| 2023 | 16.4% | -6.1% |
| 2024 | 17.0% | +3.6% |
| 2025 | 14.1% | -17.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.2% | 26.2% | 26.2% | 1 |
| 1980s | 30.1% | 25.0% | 34.2% | 10 |
| 1990s | 21.4% | 15.9% | 25.9% | 10 |
| 2000s | 17.6% | 14.4% | 19.1% | 10 |
| 2010s | 17.4% | 15.1% | 19.5% | 10 |
| 2020s | 16.9% | 14.1% | 18.9% | 6 |
Countries ranked near Latin America & Caribbean (excluding high income)
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 transport services in Latin America & Caribbean (excluding high income)?
- Transport services in Latin America & Caribbean (excluding high income) was 14.1% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 34.2% in 1985.
- What is the lowest transport services recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 14.1% in 2025.
- How does Latin America & Caribbean (excluding high income) rank for transport services?
- Latin America & Caribbean (excluding high income) ranks 41st out of 45 groups with data for 2025.
- Is transport services rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 19.9%. The long-run trend across the full record is falling.
- 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 Transport services (% of commercial service exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Transport is the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.