Latin America & Caribbean Trade to GDP Ratio 1960-2021

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 2020 was 46.34%, a 0.49% increase from 2019.
  • Latin America & Caribbean trade to gdp ratio for 2019 was 45.85%, a 1.51% decline from 2018.
  • Latin America & Caribbean trade to gdp ratio for 2018 was 47.36%, a 3.59% increase from 2017.
  • Latin America & Caribbean trade to gdp ratio for 2017 was 43.77%, a 0.25% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
European Union 84.59%
Euro Area 81.91%
Latin America & Caribbean 46.34%
Sub-Saharan Africa 45.41%
South Asia 35.24%
Latin America & Caribbean Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2020 46.34% 0.49%
2019 45.85% -1.51%
2018 47.36% 3.59%
2017 43.77% 0.25%
2016 43.52% -0.10%
2015 43.61% 0.43%
2014 43.19% -1.07%
2013 44.26% -0.57%
2012 44.83% -0.36%
2011 45.19% 2.41%
2010 42.78% 2.63%
2009 40.15% -6.83%
2008 46.98% 1.65%
2007 45.33% -0.08%
2006 45.41% 0.50%
2005 44.92% -0.13%
2004 45.05% 2.25%
2003 42.80% 1.91%
2002 40.89% 2.44%
2001 38.45% 0.15%
2000 38.31% 1.91%
1999 36.40% 1.40%
1998 35.00% -0.17%
1997 35.16% -0.01%
1996 35.18% 1.07%
1995 34.11% 2.56%
1994 31.55% 0.66%
1993 30.89% -1.59%
1992 32.48% 0.75%
1991 31.73% -0.62%
1990 32.35% 0.76%
1989 31.59% 0.33%
1988 31.26% 2.86%
1987 28.40% 0.85%
1986 27.55% -1.05%
1985 28.60% -0.32%
1984 28.92% 0.58%
1983 28.34% 1.02%
1982 27.32% -1.58%
1981 28.90% -1.18%
1980 30.08% 1.46%
1979 28.62% 1.27%
1978 27.35% -0.42%
1977 27.77% 0.80%
1976 26.97% -0.71%
1975 27.68% -1.85%
1974 29.52% 4.58%
1973 24.95% 1.71%
1972 23.23% 0.78%
1971 22.45% 0.63%
1970 21.82% 1.16%
1969 20.66% 0.40%
1968 20.26% 0.79%
1967 19.48% -0.77%
1966 20.25% -0.14%
1965 20.38% 0.37%
1964 20.01% -3.14%
1963 23.15% 3.76%
1962 19.39% -2.18%
1961 21.58% -0.70%
1960 22.28% -0.70%