Transport services (% of commercial service exports) in Latin America & Caribbean
Latin America & Caribbean: Transport services (% of commercial service exports) was 18.0% in 2025. ▼ Falling
Transport services in Latin America & Caribbean, 1979–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Latin America & Caribbean recorded 18.0% for transport services in 2025. That is the lowest value across all 47 years on record.
Compared with earlier readings it is down 11.9% on the previous year and down 7.5% over ten years.
Over the whole period, transport services in Latin America & Caribbean peaked at 35.1% in 1985 and was at its lowest, 18.0%, in 2025.
Latin America & Caribbean ranks 29th of 45 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Transport services (% of commercial service exports) in Latin America & Caribbean, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1979 | 27.1% | — |
| 1980 | 27.5% | +1.3% |
| 1981 | 28.6% | +4.1% |
| 1982 | 29.8% | +4.2% |
| 1983 | 33.8% | +13.3% |
| 1984 | 33.4% | -1.3% |
| 1985 | 35.1% | +5.2% |
| 1986 | 31.8% | -9.4% |
| 1987 | 32.5% | +2.4% |
| 1988 | 31.1% | -4.4% |
| 1989 | 26.5% | -14.9% |
| 1990 | 25.6% | -3.3% |
| 1991 | 27.1% | +5.7% |
| 1992 | 27.6% | +1.9% |
| 1993 | 25.0% | -9.4% |
| 1994 | 25.0% | +0.0% |
| 1995 | 25.1% | +0.6% |
| 1996 | 22.0% | -12.5% |
| 1997 | 19.6% | -10.8% |
| 1998 | 19.5% | -0.6% |
| 1999 | 19.1% | -2.1% |
| 2000 | 18.1% | -5.2% |
| 2001 | 18.1% | -0.1% |
| 2002 | 20.6% | +13.6% |
| 2003 | 22.2% | +7.7% |
| 2004 | 22.5% | +1.4% |
| 2005 | 22.3% | -0.7% |
| 2006 | 22.0% | -1.6% |
| 2007 | 21.8% | -0.9% |
| 2008 | 22.7% | +4.4% |
| 2009 | 21.0% | -7.8% |
| 2010 | 21.9% | +4.2% |
| 2011 | 22.8% | +4.2% |
| 2012 | 22.2% | -2.5% |
| 2013 | 21.5% | -3.1% |
| 2014 | 20.3% | -5.5% |
| 2015 | 19.4% | -4.5% |
| 2016 | 18.3% | -5.7% |
| 2017 | 18.4% | +0.2% |
| 2018 | 19.1% | +4.3% |
| 2019 | 19.0% | -1.0% |
| 2020 | 22.0% | +16.0% |
| 2021 | 22.2% | +0.9% |
| 2022 | 21.2% | -4.6% |
| 2023 | 19.9% | -6.0% |
| 2024 | 20.4% | +2.5% |
| 2025 | 18.0% | -11.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.1% | 27.1% | 27.1% | 1 |
| 1980s | 31.0% | 26.5% | 35.1% | 10 |
| 1990s | 23.6% | 19.1% | 27.6% | 10 |
| 2000s | 21.1% | 18.1% | 22.7% | 10 |
| 2010s | 20.3% | 18.3% | 22.8% | 10 |
| 2020s | 20.6% | 18.0% | 22.2% | 6 |
Countries ranked near Latin America & Caribbean
More private sector data for Latin America & Caribbean
- Merchandise trade 44.2% (2025)
- Food imports 8.5% (2025)
- Manufactures imports 76.0% (2025)
- Merchandise imports 1.66 trillion current US$ (2025)
- Commercial service imports 372.37 billion current US$ (2025)
- Food exports 23.6% (2025)
- Manufactures exports 49.3% (2025)
- Merchandise exports 1.67 trillion current US$ (2025)
- Commercial service exports 320.79 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,503 current US$ per person (2025)
Frequently asked questions
- What is transport services in Latin America & Caribbean?
- Transport services in Latin America & Caribbean was 18.0% 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?
- The highest recorded value was 35.1% in 1985.
- What is the lowest transport services recorded in Latin America & Caribbean?
- The lowest recorded value was 18.0% in 2025.
- How does Latin America & Caribbean rank for transport services?
- Latin America & Caribbean ranks 29th out of 45 groups with data for 2025.
- Is transport services rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 7.5%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean 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
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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.