Latin America & Caribbean Trade to GDP Ratio 1960-2024
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
- Latin America & Caribbean trade to gdp ratio for 2023 was 48.59%, a 8.67% decline from 2022.
- Latin America & Caribbean trade to gdp ratio for 2022 was 57.26%, a 3.35% increase from 2021.
- Latin America & Caribbean trade to gdp ratio for 2021 was 53.91%, a 6.89% increase from 2020.
- Latin America & Caribbean trade to gdp ratio for 2020 was 47.02%, a 0.36% decline from 2019.
| Latin America & Caribbean Trade to GDP Ratio - Historical Data |
| Year |
Trade (% of GDP) |
Annual Change |
| 2023 |
48.59% |
-8.67% |
| 2022 |
57.26% |
3.35% |
| 2021 |
53.91% |
6.89% |
| 2020 |
47.02% |
-0.36% |
| 2019 |
47.38% |
-0.70% |
| 2018 |
48.08% |
3.42% |
| 2017 |
44.66% |
0.34% |
| 2016 |
44.32% |
-0.06% |
| 2015 |
44.38% |
0.31% |
| 2014 |
44.06% |
-0.91% |
| 2013 |
44.97% |
-0.75% |
| 2012 |
45.73% |
-0.45% |
| 2011 |
46.18% |
2.46% |
| 2010 |
43.72% |
2.61% |
| 2009 |
41.11% |
-6.81% |
| 2008 |
47.92% |
1.77% |
| 2007 |
46.15% |
0.05% |
| 2006 |
46.10% |
0.58% |
| 2005 |
45.52% |
0.00% |
| 2004 |
45.52% |
2.27% |
| 2003 |
43.25% |
1.95% |
| 2002 |
41.30% |
2.53% |
| 2001 |
38.77% |
0.09% |
| 2000 |
38.67% |
1.94% |
| 1999 |
36.73% |
1.22% |
| 1998 |
35.51% |
-0.13% |
| 1997 |
35.64% |
0.16% |
| 1996 |
35.48% |
0.92% |
| 1995 |
34.56% |
2.84% |
| 1994 |
31.72% |
0.50% |
| 1993 |
31.22% |
-1.94% |
| 1992 |
33.16% |
0.73% |
| 1991 |
32.44% |
-0.66% |
| 1990 |
33.09% |
0.73% |
| 1989 |
32.36% |
-0.15% |
| 1988 |
32.52% |
3.15% |
| 1987 |
29.37% |
0.78% |
| 1986 |
28.59% |
-1.05% |
| 1985 |
29.65% |
-0.52% |
| 1984 |
30.16% |
0.73% |
| 1983 |
29.43% |
1.53% |
| 1982 |
27.90% |
-1.41% |
| 1981 |
29.32% |
-0.98% |
| 1980 |
30.30% |
1.21% |
| 1979 |
29.09% |
1.42% |
| 1978 |
27.67% |
-0.41% |
| 1977 |
28.08% |
0.86% |
| 1976 |
27.22% |
-0.41% |
| 1975 |
27.63% |
-1.67% |
| 1974 |
29.30% |
4.49% |
| 1973 |
24.80% |
1.30% |
| 1972 |
23.50% |
0.75% |
| 1971 |
22.76% |
0.48% |
| 1970 |
22.28% |
1.23% |
| 1969 |
21.05% |
0.45% |
| 1968 |
20.61% |
0.86% |
| 1967 |
19.75% |
-0.61% |
| 1966 |
20.36% |
-0.04% |
| 1965 |
20.40% |
0.10% |
| 1964 |
20.30% |
-2.88% |
| 1963 |
23.18% |
3.34% |
| 1962 |
19.84% |
-1.21% |
| 1961 |
21.05% |
-0.86% |
| 1960 |
21.91% |
-0.86% |
