Transport services in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Transport services was 30.8% 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 imports.
Analysis
In 2025, transport services in Latin America & the Caribbean (IDA & IBRD countries) stood at 30.8%.
The figure is down 4.5% on the previous year and up 6.3% over ten years.
Over the whole period, transport services in Latin America & the Caribbean (IDA & IBRD countries) peaked at 42.7% in 1995 and was at its lowest, 27.8%, in 2016.
Latin America & the Caribbean (IDA & IBRD countries) ranks 19th of 47 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 in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1979 | 39.6% | — |
| 1980 | 42.6% | +7.7% |
| 1981 | 41.5% | -2.7% |
| 1982 | 39.1% | -5.9% |
| 1983 | 39.5% | +1.1% |
| 1984 | 40.6% | +2.8% |
| 1985 | 38.4% | -5.4% |
| 1986 | 36.8% | -4.1% |
| 1987 | 39.0% | +5.8% |
| 1988 | 38.1% | -2.2% |
| 1989 | 38.3% | +0.6% |
| 1990 | 36.1% | -5.9% |
| 1991 | 38.9% | +7.9% |
| 1992 | 38.9% | +0.0% |
| 1993 | 38.2% | -1.9% |
| 1994 | 41.0% | +7.2% |
| 1995 | 42.7% | +4.2% |
| 1996 | 32.0% | -25.2% |
| 1997 | 31.4% | -1.6% |
| 1998 | 39.3% | +25.2% |
| 1999 | 39.1% | -0.6% |
| 2000 | 39.2% | +0.3% |
| 2001 | 38.3% | -2.2% |
| 2002 | 34.0% | -11.4% |
| 2003 | 33.6% | -1.1% |
| 2004 | 36.2% | +7.8% |
| 2005 | 36.5% | +0.8% |
| 2006 | 36.9% | +1.1% |
| 2007 | 37.1% | +0.6% |
| 2008 | 38.6% | +4.0% |
| 2009 | 32.8% | -15.1% |
| 2010 | 34.4% | +5.1% |
| 2011 | 34.0% | -1.2% |
| 2012 | 33.0% | -3.1% |
| 2013 | 31.6% | -4.0% |
| 2014 | 31.5% | -0.5% |
| 2015 | 28.9% | -8.1% |
| 2016 | 27.8% | -3.9% |
| 2017 | 28.6% | +2.8% |
| 2018 | 28.5% | -0.5% |
| 2019 | 27.9% | -1.8% |
| 2020 | 29.9% | +7.1% |
| 2021 | 39.0% | +30.4% |
| 2022 | 39.4% | +0.9% |
| 2023 | 33.7% | -14.5% |
| 2024 | 32.2% | -4.4% |
| 2025 | 30.8% | -4.5% |
Biggest year-on-year movements
Years where Transport services 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 |
|---|---|---|---|
| 2021 | +30.4% | 29.9% | 39.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.6% | 39.6% | 39.6% | 1 |
| 1980s | 39.4% | 36.8% | 42.6% | 10 |
| 1990s | 37.8% | 31.4% | 42.7% | 10 |
| 2000s | 36.3% | 32.8% | 39.2% | 10 |
| 2010s | 30.6% | 27.8% | 34.4% | 10 |
| 2020s | 34.2% | 29.9% | 39.4% | 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 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 transport services in Latin America & the Caribbean (IDA & IBRD countries)?
- Transport services in Latin America & the Caribbean (IDA & IBRD countries) was 30.8% 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 42.7% in 1995.
- What is the lowest transport services recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 27.8% in 2016.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for transport services?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 19th out of 47 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 up 6.3%. 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 imports). 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 imports which are commercial services provided by non-residents to residents.