Trade openness in Latin America & Caribbean in 2025 — 49.14%. Since 1960, the indicator has risen by 27.42 pp.
1960–2025 · % of GDP
How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean
| Year | % | Change, pp |
|---|---|---|
| 2025 | 49.14 | −0.51 pp |
| 2024 | 49.65 | +0.92 pp |
| 2023 | 48.73 | −7.27 pp |
| 2022 | 56 | +3.4 pp |
| 2021 | 52.6 | +6.63 pp |
| 2020 | 45.97 | −1.74 pp |
| 2019 | 47.71 | −0.48 pp |
| 2018 | 48.19 | +3.85 pp |
| 2017 | 44.34 | +0.3 pp |
| 2016 | 44.04 | −0.96 pp |
| 2015 | 44.99 | +0.35 pp |
| 2014 | 44.65 | −0.55 pp |
| 2013 | 45.19 | −0.39 pp |
| 2012 | 45.58 | +1.95 pp |
| 2011 | 43.63 | +2.28 pp |
| 2010 | 41.35 | +2.26 pp |
| 2009 | 39.09 | −6.12 pp |
| 2008 | 45.21 | +1.95 pp |
| 2007 | 43.26 | +0.12 pp |
| 2006 | 43.14 | +0.62 pp |
| 2005 | 42.51 | −0.21 pp |
| 2004 | 42.73 | +2.03 pp |
| 2003 | 40.69 | +1.83 pp |
| 2002 | 38.87 | +2.23 pp |
| 2001 | 36.64 | +0.39 pp |
| 2000 | 36.25 | +1.65 pp |
| 1999 | 34.6 | +1.29 pp |
| 1998 | 33.32 | +0.23 pp |
| 1997 | 33.09 | +0.39 pp |
| 1996 | 32.7 | +0.61 pp |
| 1995 | 32.08 | +3.05 pp |
| 1994 | 29.04 | +0.49 pp |
| 1993 | 28.55 | −1.78 pp |
| 1992 | 30.33 | +0.76 pp |
| 1991 | 29.57 | −3.37 pp |
| 1990 | 32.94 | +0.75 pp |
| 1989 | 32.2 | −0.16 pp |
| 1988 | 32.36 | +3.19 pp |
| 1987 | 29.17 | +0.79 pp |
| 1986 | 28.38 | −0.98 pp |
| 1985 | 29.36 | −0.52 pp |
| 1984 | 29.88 | +0.64 pp |
| 1983 | 29.24 | +1.53 pp |
| 1982 | 27.71 | −1.37 pp |
| 1981 | 29.08 | −1 pp |
| 1980 | 30.08 | +1.22 pp |
| 1979 | 28.86 | +1.36 pp |
| 1978 | 27.5 | −0.48 pp |
| 1977 | 27.97 | +0.88 pp |
| 1976 | 27.09 | −0.36 pp |
| 1975 | 27.45 | −1.75 pp |
| 1974 | 29.2 | +4.49 pp |
| 1973 | 24.71 | +1.31 pp |
| 1972 | 23.4 | +0.74 pp |
| 1971 | 22.65 | +0.46 pp |
| 1970 | 22.19 | +1.26 pp |
| 1969 | 20.93 | +0.44 pp |
| 1968 | 20.49 | +0.84 pp |
| 1967 | 19.65 | −0.61 pp |
| 1966 | 20.26 | −0.05 pp |
| 1965 | 20.3 | +0.12 pp |
| 1964 | 20.18 | −2.89 pp |
| 1963 | 23.07 | +3.39 pp |
| 1962 | 19.67 | −1.21 pp |
| 1961 | 20.88 | −0.85 pp |
| 1960 | 21.73 | — |
The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.
Source: World Development Indicators (World Bank), license CC BY 4.0.