Net acquisition of financial assets in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Net acquisition of financial assets was 1.5% in 2024. ◆ Volatile
Net acquisition of financial assets in Latin America & the Caribbean (IDA & IBRD countries), 2010–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Latin America & the Caribbean (IDA & IBRD countries) recorded 1.5% for net acquisition of financial assets in 2024.
The figure is up 624.3% on the previous year and up 1,074.4% over ten years.
Over the whole period, net acquisition of financial assets in Latin America & the Caribbean (IDA & IBRD countries) 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 & the Caribbean (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 2.5% | — |
| 2011 | 0.9% | -63.3% |
| 2012 | 2.3% | +153.9% |
| 2013 | 0.3% | -86.5% |
| 2014 | 0.1% | -58.9% |
| 2015 | 0.1% | -44.3% |
| 2016 | 0.8% | +996.6% |
| 2017 | 0.5% | -40.5% |
| 2018 | 0.3% | -38.5% |
| 2019 | 0.3% | -13.3% |
| 2020 | -1.9% | -844.3% |
| 2021 | 1.4% | -172.5% |
| 2022 | 0.6% | -58.3% |
| 2023 | 0.2% | -62.9% |
| 2024 | 1.5% | +624.3% |
Biggest year-on-year movements
Years where Net acquisition of financial assets in Latin America & the Caribbean (IDA & IBRD countries) 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 | +996.6% | 0.1% | 0.8% |
| 2020 | -844.3% | 0.3% | -1.9% |
| 2024 | +624.3% | 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 & the Caribbean (IDA & IBRD countries)
- 2 Singapore 12.2% compare
- 3 Palau 10.8% compare
- 4 Micronesia (country) 8.4% compare
- 5 San Marino 7.8%
- 6 Macao 7.0% compare
- 7 Bahrain 6.7%
- 8 East Timor 6.1% compare
More public sector data for Latin America & the Caribbean (IDA & IBRD countries)
- Arms imports 644.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9954 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 113.41 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0109 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 19.32 SIPRI trend indicator values per square kilometre (2023)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is net acquisition of financial assets in Latin America & the Caribbean (IDA & IBRD countries)?
- Net acquisition of financial assets in Latin America & the Caribbean (IDA & IBRD countries) 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 2.5% in 2010.
- What is the lowest net acquisition of financial assets recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was -1.9% in 2020.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for net acquisition of financial assets?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 5th out of 17 groups with data for 2024.
- Is net acquisition of financial assets rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 1,074.4%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.