Current account balance (World Bank) — all countries

Current account balance (World Bank) — Latin America & Caribbean

Current account balance (World Bank) in Latin America & Caribbean in 2024 — -1.23%. Since 1980, the indicator has risen by 2.81 pp.

2024 -1.23% +0.05 pp vs 2023
World rank
Period maximum 1.5%2006
Period minimum -5.31%1982

Trend over time

1980–2024 · % of GDP

Current account balance (World Bank) — Latin America & Caribbean, 1980–2024-6-4-20219801985199019952000200520102015202020241980: -4.03%1981: -5.05%1982: -5.31%1983: -1.14%1984: -0.18%1985: -0.39%1986: -2.37%1987: -1.23%1988: -1.19%1989: -0.92%1990: -0.13%1991: -1.57%1992: -2.7%1993: -3.09%1994: -2.98%1995: -2.05%1996: -1.93%1997: -3.07%1998: -4.08%1999: -2.86%2000: -2.28%2001: -2.54%2002: -0.84%2003: 0.56%2004: 0.99%2005: 1.25%2006: 1.5%2007: 0.15%2008: -1.03%2009: -0.87%2010: -2.08%2011: -2.14%2012: -2.66%2013: -3.01%2014: -3.29%2015: -3.55%2016: -2.22%2017: -2.02%2018: -2.95%2019: -2.17%2020: -0.21%2021: -1.8%2022: -2.31%2023: -1.27%2024: -1.23%
Change over the period: +2.81 pp Annual average: 0.06 pp

Comparison, 2024

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

Latin America & Caribbean -1.23%
World computed 0.39%
Current account balance (World Bank) — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year % Change, pp
2024 -1.23 +0.05 pp
2023 -1.27 +1.04 pp
2022 -2.31 −0.51 pp
2021 -1.8 −1.59 pp
2020 -0.21 +1.96 pp
2019 -2.17 +0.78 pp
2018 -2.95 −0.93 pp
2017 -2.02 +0.2 pp
2016 -2.22 +1.34 pp
2015 -3.55 −0.26 pp
2014 -3.29 −0.29 pp
2013 -3.01 −0.35 pp
2012 -2.66 −0.52 pp
2011 -2.14 −0.06 pp
2010 -2.08 −1.21 pp
2009 -0.87 +0.16 pp
2008 -1.03 −1.18 pp
2007 0.15 −1.35 pp
2006 1.5 +0.25 pp
2005 1.25 +0.26 pp
2004 0.99 +0.42 pp
2003 0.56 +1.4 pp
2002 -0.84 +1.7 pp
2001 -2.54 −0.25 pp
2000 -2.28 +0.58 pp
1999 -2.86 +1.22 pp
1998 -4.08 −1.02 pp
1997 -3.07 −1.14 pp
1996 -1.93 +0.13 pp
1995 -2.05 +0.93 pp
1994 -2.98 +0.11 pp
1993 -3.09 −0.39 pp
1992 -2.7 −1.14 pp
1991 -1.57 −1.44 pp
1990 -0.13 +0.79 pp
1989 -0.92 +0.28 pp
1988 -1.19 +0.04 pp
1987 -1.23 +1.14 pp
1986 -2.37 −1.98 pp
1985 -0.39 −0.21 pp
1984 -0.18 +0.97 pp
1983 -1.14 +4.17 pp
1982 -5.31 −0.26 pp
1981 -5.05 −1.02 pp
1980 -4.03

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.