Service imports — all countries

Service imports — Latin America & Caribbean

Service imports in Latin America & Caribbean in 2025 — 382,964,402,963 US$. Since 1976, the indicator has risen by 2,805.5%.

2025 383B US$ +5.59% vs 2024
World rank
Period maximum 383B US$2025
Period minimum 13.18B US$1976

Trend over time

1976–2025 · US$

Service imports — Latin America & Caribbean, 1976–20250100B200B300B400B197619811986199119962001200620112016202120251976: 13,180,512,355 US$1977: 16,343,775,209 US$1978: 19,549,789,784 US$1979: 24,449,454,095 US$1980: 30,610,199,920 US$1981: 34,372,617,108 US$1982: 31,215,947,322 US$1983: 23,928,805,898 US$1984: 24,231,522,736 US$1985: 23,999,984,474 US$1986: 25,744,767,058 US$1987: 26,454,602,792 US$1988: 29,715,485,382 US$1989: 32,109,577,631 US$1990: 38,106,107,932 US$1991: 40,932,386,482 US$1992: 46,488,333,798 US$1993: 51,754,360,319 US$1994: 56,154,272,955 US$1995: 59,621,439,010 US$1996: 61,434,712,927 US$1997: 70,925,546,539 US$1998: 73,368,471,497 US$1999: 69,432,855,330 US$2000: 78,198,853,024 US$2001: 78,164,134,042 US$2002: 74,779,819,113 US$2003: 77,831,147,504 US$2004: 88,859,434,851 US$2005: 106,295,169,163 US$2006: 119,079,512,728 US$2007: 146,072,370,099 US$2008: 173,706,511,002 US$2009: 161,087,077,244 US$2010: 198,301,414,390 US$2011: 235,764,685,416 US$2012: 253,695,414,994 US$2013: 268,866,831,629 US$2014: 275,144,298,267 US$2015: 249,217,113,523 US$2016: 239,208,196,642 US$2017: 259,430,467,868 US$2018: 269,502,558,593 US$2019: 264,054,802,157 US$2020: 192,551,870,280 US$2021: 243,993,543,552 US$2022: 325,557,519,486 US$2023: 342,415,476,529 US$2024: 362,686,389,939 US$2025: 382,964,402,963 US$
Change over the period: +370B (+2,805.54%) Average annual rate: 7.12 %

Comparison, 2025

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

Latin America & Caribbean 383B US$
World 8.69T US$
Service imports — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year US$ Change Change, %
2025 383B +20.28B +5.59%
2024 363B +20.27B +5.92%
2023 342B +16.86B +5.18%
2022 326B +81.56B +33.43%
2021 244B +51.44B +26.72%
2020 193B −71.5B −27.08%
2019 264B −5.45B −2.02%
2018 270B +10.07B +3.88%
2017 259B +20.22B +8.45%
2016 239B −10.01B −4.02%
2015 249B −25.93B −9.42%
2014 275B +6.28B +2.33%
2013 269B +15.17B +5.98%
2012 254B +17.93B +7.61%
2011 236B +37.46B +18.89%
2010 198B +37.21B +23.1%
2009 161B −12.62B −7.26%
2008 174B +27.63B +18.92%
2007 146B +26.99B +22.67%
2006 119B +12.78B +12.03%
2005 106B +17.44B +19.62%
2004 88.86B +11.03B +14.17%
2003 77.83B +3.05B +4.08%
2002 74.78B −3.38B −4.33%
2001 78.16B −34.72M −0.04%
2000 78.2B +8.77B +12.63%
1999 69.43B −3.94B −5.36%
1998 73.37B +2.44B +3.44%
1997 70.93B +9.49B +15.45%
1996 61.43B +1.81B +3.04%
1995 59.62B +3.47B +6.17%
1994 56.15B +4.4B +8.5%
1993 51.75B +5.27B +11.33%
1992 46.49B +5.56B +13.57%
1991 40.93B +2.83B +7.42%
1990 38.11B +6B +18.68%
1989 32.11B +2.39B +8.06%
1988 29.72B +3.26B +12.33%
1987 26.45B +710M +2.76%
1986 25.74B +1.74B +7.27%
1985 24B −232M −0.96%
1984 24.23B +303M +1.27%
1983 23.93B −7.29B −23.34%
1982 31.22B −3.16B −9.18%
1981 34.37B +3.76B +12.29%
1980 30.61B +6.16B +25.2%
1979 24.45B +4.9B +25.06%
1978 19.55B +3.21B +19.62%
1977 16.34B +3.16B +24%
1976 13.18B

About the indicator

Imports of services: what residents spend on foreign transport, travel, insurance, business and computer services. A large and inconspicuous item: the spending of a country's own tourists abroad is counted here, so countries with well-off populations and a short holiday season have large service imports even when merchandise trade is weak. For many countries the difference between exports and imports of services flips the sign of a trade balance computed on goods alone.

Important: The trips of a country's own citizens abroad are part of service imports, not a separate item. It excludes compensation paid to foreign workers and investment income.

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