In 2025, Brazil and Mexico were expected to be the countries with the largest gross domestic product (GDP) in Latin America and the Caribbean. In that year, Brazil's GDP could reach an estimated value of 2.3 trillion U.S. dollars, whereas Mexico's amounted to almost 1.8 trillion U.S. dollars. GDP is the total value of all goods and services produced in a country in a given year. It measures the economic strength of a country and a positive change indicates economic growth.

This statistic shows gross domestic product (GDP) of Latin America and the Caribbean from 2020 to 2030 in billion U.S. dollars. In 2024, Latin America and the Caribbean's GDP amounted to about 6.76 trillion U.S. dollars.

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Graph and download economic data for Gross Domestic Product Per Capita for Developing Countries in Latin America and Caribbean (NYGDPPCAPCDLAC) from 1960 to 2024 about Caribbean Economies, Latin America, per capita, and GDP.

Haiti is expected to experience the worst economic recession in Latin America and the Caribbean in 2024. Haiti's gross domestic product (GDP) in 2024 is forecast to be 3 percent lower than the value registered in 2023, based on constant prices. Aside from Argentina, Haiti, and Puerto Rico, most economies in the region were likely to experience economic growth in 2024, most notably, Guyana.

The average for 2024 based on 19 countries was 9620.41 U.S. dollars. The highest value was in Puerto Rico: 30914.37 U.S. dollars and the lowest value was in Haiti: 1154.87 U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The average for 2023 based on 18 countries was 8.01 percent. The highest value was in Nicaragua: 26.18 percent and the lowest value was in Chile: 0.02 percent. The indicator is available from 1970 to 2023. Below is a chart for all countries where data are available.

NY.GDP.MKTP.KD.ZG. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. The Gender Statistics database is a comprehensive source for the latest sex-disaggregated data and gender statistics covering demography, education, health, access to economic opportunities, public life and decision-making, and agency.

Graph and download economic data for Gross Domestic Product: All Income Levels for Latin America and Caribbean (NYGDPMKTPCDLCN) from 1960 to 2024 about Caribbean Economies, Latin America, gross, domestic, production, and income.

This statistic shows the share of economic sectors in gross domestic product (GDP) in Latin America & Caribbean from 2014 to 2024. In 2024, the share of agriculture in Latin America & Caribbean's gross domestic product was 6.26 percent, industry contributed approximately 30.32 percent and the services sector contributed approximately 65.55 percent.

Graph and download economic data for Constant GDP per capita: All Income Levels for Latin America and Caribbean (NYGDPPCAPKDLCN) from 1960 to 2024 about Caribbean Economies, Latin America, per capita, income, and GDP.

Historical dataset showing Latin America & Caribbean GDP by year from 1960 to 2023.

The average for 2023 based on 19 countries was 0.32 percent. The highest value was in Brazil: 2.08 percent and the lowest value was in Haiti: 0.02 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

Historical dataset showing Latin America & Caribbean GDP per capita by year from 1960 to 2023.

In 2022, the regional gross domestic product (GDP) in Latin America and the Caribbean grew more than four percent compared to the previous year. In 2020, the GDP of all the subregion shrunk, with Central America being the worst hit by the economic crisis spawned from the coronavirus pandemic, with a real GDP decrease of seven percent. This was the first time that this part of Latin America experiences a GDP fall since at least 2016. Forecasts for 2023 are fairly optimistic as well.

GDP per capita (constant 2015 US$) in Latin America & Caribbean was reported at 8861 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Latin America & Caribbean - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

GDP per Capita: USD: United States data was reported at 59,774.000 USD in 2017. This records an increase from the previous number of 57,797.000 USD for 2016. GDP per Capita: USD: United States data is updated yearly, averaging 6,725.000 USD from Dec 1929 (Median) to 2017, with 89 observations. The data reached an all-time high of 59,774.000 USD in 2017 and a record low of 455.000 USD in 1933. GDP per Capita: USD: United States data remains active status in CEIC and is reported by CEIC Data. The data is categorized under World Trend Plus’s Global Economic Monitor – Table: GDP Per Capita: USD: North and South America. The Bureau of Economic Analysis provides annual GDP per Capita in USD.

GDP per capita (constant 2015 US$) in Latin America & Caribbean (excluding high income) was reported at 8350 USD in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Latin America & Caribbean (excluding high income) - GDP per capita (constant 2000 US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Constant GDP per capita: All Income Levels for Latin America and Caribbean was 9084.67549 2010 U.S. $ in January of 2023, according to the United States Federal Reserve. Historically, Constant GDP per capita: All Income Levels for Latin America and Caribbean reached a record high of 9084.67549 in January of 2023 and a record low of 3280.49935 in January of 1960. Trading Economics provides the current actual value, an historical data chart and related indicators for Constant GDP per capita: All Income Levels for Latin America and Caribbean - last updated from the United States Federal Reserve on July of 2025.

The average for 2023 based on 11 countries was 11093.98 U.S. dollars. The highest value was in Uruguay: 22797.81 U.S. dollars and the lowest value was in Bolivia: 3686.28 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.