The balance of payments (BoP) current account in Latin America was projected to register a deficit of 1.4 percent of the region's GDP in 2022, a similar shortfall than the one witnessed in 2021. In both years, income account was the component with the largest deficit, reaching 3.5 percent of the gross domestic product. This was partially ofset by the surplus on current transfers, with a positive balance of 2.6 and 2.7 percent of the GDP in 2021 and 2022, respectively.
Balance of payments (BoP) on the current account as a share of the GDP in Latin America from 2009 to 2022, by component
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Economic Commission for Latin America and the Caribbean. (August 21, 2022). Balance of payments (BoP) on the current account as a share of the GDP in Latin America from 2009 to 2022, by component [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1333836/balance-of-payments-current-account-by-component-share-gdp-latin-america/
Economic Commission for Latin America and the Caribbean. "Balance of payments (BoP) on the current account as a share of the GDP in Latin America from 2009 to 2022, by component." Chart. August 21, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1333836/balance-of-payments-current-account-by-component-share-gdp-latin-america/
Economic Commission for Latin America and the Caribbean. (2022). Balance of payments (BoP) on the current account as a share of the GDP in Latin America from 2009 to 2022, by component. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1333836/balance-of-payments-current-account-by-component-share-gdp-latin-america/
Economic Commission for Latin America and the Caribbean. "Balance of Payments (Bop) on The Current Account as a Share of The Gdp in Latin America from 2009 to 2022, by Component." Statista, Statista Inc., 21 Aug 2022, https://www.statista.com/statistics/1333836/balance-of-payments-current-account-by-component-share-gdp-latin-america/
Economic Commission for Latin America and the Caribbean, Balance of payments (BoP) on the current account as a share of the GDP in Latin America from 2009 to 2022, by component Statista, https://www.statista.com/statistics/1333836/balance-of-payments-current-account-by-component-share-gdp-latin-america/ (last visited December 22, 2024)
Balance of payments (BoP) on the current account as a share of the GDP in Latin America from 2009 to 2022, by component [Graph], Economic Commission for Latin America and the Caribbean, August 21, 2022. [Online]. Available: https://www.statista.com/statistics/1333836/balance-of-payments-current-account-by-component-share-gdp-latin-america/
