Among the Latin American countries analyzed, Bolivia was forecast to be the region's fastest-growing market for digital commerce, with a compound annual growth rate (CAGR) of 82 percent between 2020 and 2025. It is followed by Paraguay and Guatemala, with 56 percent and 50 percent CAGR, respectively.
Compound annual growth rate (CAGR) of digital commerce in selected Latin American countries between 2020 and 2025
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EBANX. (November 23, 2021). Compound annual growth rate (CAGR) of digital commerce in selected Latin American countries between 2020 and 2025 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1297484/cagr-digital-commerce-latin-america-country/
EBANX. "Compound annual growth rate (CAGR) of digital commerce in selected Latin American countries between 2020 and 2025." Chart. November 23, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1297484/cagr-digital-commerce-latin-america-country/
EBANX. (2021). Compound annual growth rate (CAGR) of digital commerce in selected Latin American countries between 2020 and 2025. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1297484/cagr-digital-commerce-latin-america-country/
EBANX. "Compound Annual Growth Rate (Cagr) of Digital Commerce in Selected Latin American Countries between 2020 and 2025." Statista, Statista Inc., 23 Nov 2021, https://www.statista.com/statistics/1297484/cagr-digital-commerce-latin-america-country/
EBANX, Compound annual growth rate (CAGR) of digital commerce in selected Latin American countries between 2020 and 2025 Statista, https://www.statista.com/statistics/1297484/cagr-digital-commerce-latin-america-country/ (last visited December 21, 2024)
Compound annual growth rate (CAGR) of digital commerce in selected Latin American countries between 2020 and 2025 [Graph], EBANX, November 23, 2021. [Online]. Available: https://www.statista.com/statistics/1297484/cagr-digital-commerce-latin-america-country/