Share of world GDP — all countries

Share of world GDP — Latin America & Caribbean

Share of world GDP in Latin America & Caribbean in 2031 — 6.824%. Since 1980, the indicator has fallen by 5.661 pp.

2031 6.824% −0.027 pp vs 2030
World rank
Period maximum 12.485%1980
Period minimum 6.824%2031

Trend over time

1980–2031 · % of world GDP

Share of world GDP — Latin America & Caribbean, 1980–20316810121419801986199219982004201020162022202820311980: 12.485%1981: 12.324%1982: 12.198%1983: 11.524%1984: 11.457%1985: 11.353%1986: 11.393%1987: 11.328%1988: 10.958%1989: 10.64%1990: 10.311%1991: 10.465%1992: 9.722%1993: 9.927%1994: 10.087%1995: 9.826%1996: 9.816%1997: 9.956%1998: 9.987%1999: 9.666%2000: 9.527%2001: 9.356%2002: 9.104%2003: 8.954%2004: 9.015%2005: 8.977%2006: 9.002%2007: 9.011%2008: 9.094%2009: 8.933%2010: 8.999%2011: 9.059%2012: 9.031%2013: 8.979%2014: 8.784%2015: 8.519%2016: 8.18%2017: 7.977%2018: 7.82%2019: 7.567%2020: 7.307%2021: 7.382%2022: 7.42%2023: 7.347%2024: 7.27%2025: 7.195%2026: 7.147%2027: 7.041%2028: 6.895%2029: 6.874%2030: 6.851%2031: 6.824%
Change over the period: −5.661 pp Annual average: -0.11 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 6.824%
World computed 99.592%
Share of world GDP — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year % Change, pp
2031 6.824 −0.027 pp
2030 6.851 −0.023 pp
2029 6.874 −0.021 pp
2028 6.895 −0.146 pp
2027 7.041 −0.106 pp
2026 7.147 −0.048 pp
2025 7.195 −0.075 pp
2024 7.27 −0.077 pp
2023 7.347 −0.073 pp
2022 7.42 +0.038 pp
2021 7.382 +0.075 pp
2020 7.307 −0.26 pp
2019 7.567 −0.253 pp
2018 7.82 −0.157 pp
2017 7.977 −0.203 pp
2016 8.18 −0.339 pp
2015 8.519 −0.265 pp
2014 8.784 −0.195 pp
2013 8.979 −0.052 pp
2012 9.031 −0.028 pp
2011 9.059 +0.06 pp
2010 8.999 +0.066 pp
2009 8.933 −0.161 pp
2008 9.094 +0.083 pp
2007 9.011 +0.009 pp
2006 9.002 +0.025 pp
2005 8.977 −0.038 pp
2004 9.015 +0.061 pp
2003 8.954 −0.15 pp
2002 9.104 −0.252 pp
2001 9.356 −0.171 pp
2000 9.527 −0.139 pp
1999 9.666 −0.321 pp
1998 9.987 +0.031 pp
1997 9.956 +0.14 pp
1996 9.816 −0.01 pp
1995 9.826 −0.261 pp
1994 10.087 +0.16 pp
1993 9.927 +0.205 pp
1992 9.722 −0.743 pp
1991 10.465 +0.154 pp
1990 10.311 −0.329 pp
1989 10.64 −0.318 pp
1988 10.958 −0.37 pp
1987 11.328 −0.065 pp
1986 11.393 +0.04 pp
1985 11.353 −0.104 pp
1984 11.457 −0.067 pp
1983 11.524 −0.674 pp
1982 12.198 −0.126 pp
1981 12.324 −0.161 pp
1980 12.485

About the indicator

A country's share of world gross product measured at purchasing power parity. This is the indicator used when speaking of the shift of economic weight between regions: at PPP the shares look different than at market exchange rates — the weight of China and India is markedly higher, that of advanced countries lower, because prices for non-traded services are lower in poorer countries. The IMF series runs with a forecast several years ahead.

Important: The only indicator in the section where the sum over a group of countries has a direct meaning: the shares add up, and for a group the result is its weight in the world economy. The whole world should come to one hundred percent.

Source: World Economic Outlook (IMF), license IMF open data.