Net acquisition of financial assets in Latin America & Caribbean
Latin America & Caribbean: Net acquisition of financial assets was 1.5% in 2024. ◆ Volatile
Net acquisition of financial assets in Latin America & Caribbean, 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net acquisition of financial assets in Latin America & Caribbean stood at 1.5%.
Compared with earlier readings it is up 600.0% on the previous year and up 1,069.9% over ten years.
Over the whole period, net acquisition of financial assets in Latin America & Caribbean peaked at 2.5% in 2010 and was at its lowest, -1.9%, in 2020.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets in Latin America & Caribbean, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 2.5% | — |
| 2011 | 0.9% | -63.5% |
| 2012 | 2.3% | +155.2% |
| 2013 | 0.3% | -86.7% |
| 2014 | 0.1% | -57.9% |
| 2015 | 0.1% | -45.5% |
| 2016 | 0.8% | +1014.8% |
| 2017 | 0.5% | -39.8% |
| 2018 | 0.3% | -40.0% |
| 2019 | 0.3% | -11.2% |
| 2020 | -1.9% | -834.6% |
| 2021 | 1.3% | -172.4% |
| 2022 | 0.6% | -58.1% |
| 2023 | 0.2% | -61.5% |
| 2024 | 1.5% | +600.0% |
Biggest year-on-year movements
Years where Net acquisition of financial assets in Latin America & Caribbean changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +1014.8% | 0.1% | 0.8% |
| 2020 | -834.6% | 0.3% | -1.9% |
| 2024 | +600.0% | 0.2% | 1.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8% | 0.1% | 2.5% | 10 |
| 2020s | 0.4% | -1.9% | 1.5% | 5 |
Countries ranked near Latin America & Caribbean
- 3 Palau 10.8% compare
- 4 Micronesia, Federated States of 8.4% compare
- 5 San Marino 7.8%
- 6 Macau, China 7.0% compare
- 7 Bahrain 6.7%
- 8 Timor-Leste 6.1% compare
- 9 Seychelles 6.0%
More public sector data for Latin America & Caribbean
- Arms imports 644.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9725 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 67.27 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 644.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 110.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0104 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 10.62 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 73.38 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 19.2 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net acquisition of financial assets in Latin America & Caribbean?
- Net acquisition of financial assets in Latin America & Caribbean was 1.5% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Latin America & Caribbean?
- The highest recorded value was 2.5% in 2010.
- What is the lowest net acquisition of financial assets recorded in Latin America & Caribbean?
- The lowest recorded value was -1.9% in 2020.
- How does Latin America & Caribbean rank for net acquisition of financial assets?
- Latin America & Caribbean ranks 6th out of 17 groups with data for 2024.
- Is net acquisition of financial assets rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 1,069.9%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.