Latin America & Caribbean Trade to GDP Ratio 1960-2023
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 2021 was 54.66%, a 7.35% increase from 2020.
- Latin America & Caribbean trade to gdp ratio for 2020 was 47.31%, a 0.19% decline from 2019.
- Latin America & Caribbean trade to gdp ratio for 2019 was 47.50%, a 0.63% decline from 2018.
- Latin America & Caribbean trade to gdp ratio for 2018 was 48.13%, a 3.42% increase from 2017.
| Latin America & Caribbean Trade to GDP Ratio - Historical Data |
| Year |
Trade (% of GDP) |
Annual Change |
| 2021 |
54.66% |
7.35% |
| 2020 |
47.31% |
-0.19% |
| 2019 |
47.50% |
-0.63% |
| 2018 |
48.13% |
3.42% |
| 2017 |
44.72% |
0.31% |
| 2016 |
44.41% |
-0.11% |
| 2015 |
44.52% |
0.30% |
| 2014 |
44.21% |
-0.99% |
| 2013 |
45.20% |
-0.82% |
| 2012 |
46.03% |
-0.40% |
| 2011 |
46.42% |
2.45% |
| 2010 |
43.98% |
2.63% |
| 2009 |
41.34% |
-6.80% |
| 2008 |
48.14% |
1.74% |
| 2007 |
46.40% |
0.02% |
| 2006 |
46.38% |
0.63% |
| 2005 |
45.75% |
-0.03% |
| 2004 |
45.78% |
2.25% |
| 2003 |
43.53% |
1.96% |
| 2002 |
41.56% |
2.33% |
| 2001 |
39.24% |
0.08% |
| 2000 |
39.15% |
1.81% |
| 1999 |
37.34% |
1.14% |
| 1998 |
36.20% |
0.02% |
| 1997 |
36.18% |
0.08% |
| 1996 |
36.10% |
0.92% |
| 1995 |
35.18% |
3.08% |
| 1994 |
32.10% |
0.47% |
| 1993 |
31.63% |
-1.53% |
| 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% |
