Transport services (% of commercial service exports) in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Transport services (% of commercial service exports) was 18.0% in 2025. ▼ Falling
Transport services in Latin America & the Caribbean (IDA & IBRD countries), 1979–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) 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 12.0% on the previous year and down 7.6% over ten years.
Over the whole period, transport services in Latin America & the Caribbean (IDA & IBRD countries) peaked at 35.1% in 1985 and was at its lowest, 18.0%, in 2025.
That places Latin America & the Caribbean (IDA & IBRD countries) 29th out of 45 groups with data for 2025, putting it 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 & the Caribbean (IDA & IBRD countries), 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 | 32.6% | +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 | 25.2% | +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 | 22.8% | +4.4% |
| 2009 | 21.0% | -7.8% |
| 2010 | 21.9% | +4.2% |
| 2011 | 22.8% | +4.3% |
| 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 | 19.2% | +4.3% |
| 2019 | 19.0% | -0.9% |
| 2020 | 22.0% | +16.0% |
| 2021 | 22.2% | +0.9% |
| 2022 | 21.2% | -4.6% |
| 2023 | 19.9% | -6.1% |
| 2024 | 20.4% | +2.5% |
| 2025 | 18.0% | -12.0% |
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% | 22.8% | 10 |
| 2010s | 20.3% | 18.3% | 22.8% | 10 |
| 2020s | 20.6% | 18.0% | 22.2% | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
More private sector data for Latin America & the Caribbean (IDA & IBRD countries)
- Merchandise trade 44.2% (2025)
- Food imports 8.5% (2025)
- Manufactures imports 76.0% (2025)
- Merchandise imports 1.57 trillion current US$ (2025)
- Commercial service imports 346.03 billion current US$ (2025)
- Food exports 23.6% (2025)
- Manufactures exports 49.3% (2025)
- Merchandise exports 1.55 trillion current US$ (2025)
- Commercial service exports 277.60 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,373 current US$ per person (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is transport services in Latin America & the Caribbean (IDA & IBRD countries)?
- Transport services in Latin America & the Caribbean (IDA & IBRD countries) 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 35.1% in 1985.
- What is the lowest transport services recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 18.0% in 2025.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for transport services?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 29th out of 45 groups with data for 2025.
- Is transport services rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is falling.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.