Net investment in nonfinancial assets in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Net investment in nonfinancial assets was 0.6% in 2024. ▼ Falling
Net investment in nonfinancial 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
In 2024, net investment in nonfinancial assets in Latin America & the Caribbean (IDA & IBRD countries) stood at 0.6%. That is the lowest value across all 15 years on record.
The figure is down 1.3% on the previous year and down 41.2% over ten years.
Over the whole period, net investment in nonfinancial assets in Latin America & the Caribbean (IDA & IBRD countries) peaked at 1.1% in 2010 and was at its lowest, 0.6%, in 2024.
That places Latin America & the Caribbean (IDA & IBRD countries) 25th out of 26 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Net investment in nonfinancial assets in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 1.1% | — |
| 2011 | 0.9% | -13.0% |
| 2012 | 0.6% | -32.3% |
| 2013 | 1.0% | +56.3% |
| 2014 | 1.0% | +4.2% |
| 2015 | 0.8% | -18.7% |
| 2016 | 0.7% | -10.5% |
| 2017 | 0.7% | -10.6% |
| 2018 | 0.6% | -8.3% |
| 2019 | 0.6% | +1.4% |
| 2020 | 0.6% | +4.5% |
| 2021 | 0.6% | +0.3% |
| 2022 | 0.8% | +17.4% |
| 2023 | 0.6% | -20.0% |
| 2024 | 0.6% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8% | 0.6% | 1.1% | 10 |
| 2020s | 0.7% | 0.6% | 0.8% | 5 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
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 investment in nonfinancial assets in Latin America & the Caribbean (IDA & IBRD countries)?
- Net investment in nonfinancial assets in Latin America & the Caribbean (IDA & IBRD countries) was 0.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 1.1% in 2010.
- What is the lowest net investment in nonfinancial assets recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 0.6% in 2024.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for net investment in nonfinancial assets?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 25th out of 26 groups with data for 2024.
- Is net investment in nonfinancial assets rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 41.2%. The long-run trend across the full record is falling.
- 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 investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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.