Developing countries’ and least developed countries’ share of global in Latin America and the Caribbean

Latin America and the Caribbean: Developing countries’ and least developed countries’ share of global was 3.2% in 2024. ▼ Falling

Latest (2024)
3.2%
Change on year
down 1.1%
Rank
22nd
of 40 groups
All-time high
4.1%
in 2000
All-time low
2.5%
in 2020
Years of data
25
2000–2024

Developing countries’ and least developed countries’ share of global in Latin America and the Caribbean, 2000–2024

012342000201220242000: 4.1 %2001: 3.9 %2002: 3.6 %2003: 3.4 %2004: 3.2 %2005: 3.6 %2006: 3.5 %2007: 3.4 %2008: 3.4 %2009: 3.5 %2010: 3.6 %2011: 3.6 %2012: 3.8 %2013: 3.7 %2014: 3.6 %2015: 3.6 %2016: 3.7 %2017: 3.6 %2018: 3.4 %2019: 3.3 %2020: 2.5 %2021: 2.6 %2022: 3.1 %2023: 3.2 %2024: 3.2 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

Latin America and the Caribbean recorded 3.2% for developing countries’ and least developed countries’ share of global in 2024.

That represents a change of down 1.1% on the previous year and down 11.0% over ten years.

Over the whole period, developing countries’ and least developed countries’ share of global in Latin America and the Caribbean peaked at 4.1% in 2000 and was at its lowest, 2.5%, in 2020.

That places Latin America and the Caribbean 22nd out of 40 groups with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 25 years of available data.

Developing countries’ and least developed countries’ share of global in Latin America and the Caribbean, year by year

Annual values for Developing countries’ and least developed countries’ share of global services exports (%) in Latin America and the Caribbean, 2000 to 2024.
Year % Change
2000 4.1%
2001 3.9% -3.3%
2002 3.6% -8.2%
2003 3.4% -6.7%
2004 3.2% -5.6%
2005 3.6% +13.3%
2006 3.5% -2.0%
2007 3.4% -2.9%
2008 3.4% +0.8%
2009 3.5% +1.5%
2010 3.6% +3.1%
2011 3.6% +0.5%
2012 3.8% +3.5%
2013 3.7% -2.1%
2014 3.6% -2.9%
2015 3.6% +2.2%
2016 3.7% +0.4%
2017 3.6% -2.7%
2018 3.4% -5.8%
2019 3.3% -2.1%
2020 2.5% -23.2%
2021 2.6% +3.2%
2022 3.1% +19.1%
2023 3.2% +3.4%
2024 3.2% -1.1%

Averages by decade

DecadeAverage LowestHighest Years
2000s 3.6% 3.2% 4.1% 10
2010s 3.6% 3.3% 3.8% 10
2020s 2.9% 2.5% 3.2% 5

Countries ranked near Latin America and the Caribbean

  1. 19 Republic of Korea 1.6% compare
  2. 19 Republic of Korea 1.6% compare
  3. 21 Denmark 1.4% compare
  4. 22 Poland 1.3% compare
  5. 23 Sweden 1.3% compare
  6. 24 Türkiye 1.3% compare
  7. 24 Türkiye 1.3% compare

See the full ranking of 262 places →

More infrastructure data for Latin America and the Caribbean

All data for Latin America and the Caribbean →

Frequently asked questions

What is developing countries’ and least developed countries’ share of global in Latin America and the Caribbean?
Developing countries’ and least developed countries’ share of global in Latin America and the Caribbean was 3.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest developing countries’ and least developed countries’ share of global recorded in Latin America and the Caribbean?
The highest recorded value was 4.1% in 2000.
What is the lowest developing countries’ and least developed countries’ share of global recorded in Latin America and the Caribbean?
The lowest recorded value was 2.5% in 2020.
How does Latin America and the Caribbean rank for developing countries’ and least developed countries’ share of global?
Latin America and the Caribbean ranks 22nd out of 40 groups with data for 2024.
Is developing countries’ and least developed countries’ share of global rising or falling in Latin America and the Caribbean?
Over the last ten years it is down 11.0%. The long-run trend across the full record is falling.
Where does this Latin America and the Caribbean data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Developing countries’ and least developed countries’ share of global services exports (%). Statizoid updates them automatically from the source API.

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Developing countries’ and least developed countries’ share of global in Latin America and the Caribbean. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 05 September 2026, from https://infrastructure.statizoid.com/stat/developing-countries-and-least-developed-countries-share-of-global-services-exports/latin-america-and-the-caribbean/

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About this data

Indicator
Developing countries’ and least developed countries’ share of global services exports (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
262 places, 6,232 data points, 2000–2024
Last refreshed