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Latin America & the Caribbean (IDA & IBRD countries) Goods and services expense (% of expense) 2026: Interactive Chart & Historical Data

Goods and services expense (% of expense) in Latin America & the Caribbean (IDA & IBRD countries) stood at 11.74% in 2023, according to World Bank. The latest value is down 2.37 percentage points from 14.12% in 2022. Ten years earlier, in 2013, the value was 15.5% (down 3.75 percentage points since). The highest value since 1998 was 15.77% in 2012, the lowest 11.28% in 2019.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024

Key facts

What is the latest Goods and services expense (% of expense) in Latin America & the Caribbean (IDA & IBRD countries)?

Goods and services expense (% of expense) in Latin America & the Caribbean (IDA & IBRD countries) stood at 11.74% in 2023, according to World Bank.

Is Goods and services expense (% of expense) in Latin America & the Caribbean (IDA & IBRD countries) rising or falling?

The latest value is down 2.37 percentage points from 14.12% in 2022. Ten years earlier, in 2013, the value was 15.5% (down 3.75 percentage points since).

What is the highest Goods and services expense (% of expense) on record in Latin America & the Caribbean (IDA & IBRD countries)?

The highest value since 1998 was 15.77% in 2012, the lowest 11.28% in 2019.

Metadata for Goods and services expense (% of expense) in Latin America & the Caribbean (IDA & IBRD countries)
IndicatorGoods and services expense (% of expense)
CountryLatin America & the Caribbean (IDA & IBRD countries)
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series GC.XPN.GSRV.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Goods and services expense (% of expense) — Latin America & the Caribbean (IDA & IBRD countries) [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/TLA. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS

MLA

World Bank. "Goods and services expense (% of expense) — Latin America & the Caribbean (IDA & IBRD countries)." EconDash, 2026, https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/TLA. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS.

Chicago

World Bank. 2026. "Goods and services expense (% of expense) — Latin America & the Caribbean (IDA & IBRD countries)." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/TLA. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS.

BibTeX
@misc{econdash_wdi_gc_xpn_gsrv_zs_tla,
  author = {{World Bank}},
  title = {{Goods and services expense (\% of expense) --- Latin America \& the Caribbean (IDA \& IBRD countries)}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-xpn-gsrv-zs/TLA},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.ZS}
}