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  6. GDP Growth

GDP Growth

By Department of Research and Chief Economist (VPS/RES/RES)
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  • Economy

GDP Growth measures the real period-on-period percentage change in Gross Domestic Product (GDP) at constant prices, reflecting the pace of economic expansion or contraction in an economy. It is one of the most closely watched headline indicators for tracking the business cycle and assessing recoveries and recessions. This indicator is part of the Latin Macro Watch dataset published by the Inter-American Development Bank (IDB), which compiles harmonized macroeconomic series for Latin America and the Caribbean.

Coverage

The series covers 25 countries across Latin America and the Caribbean at annual and quarterly frequency, spanning 1990–2026. Values are reported in percent (%), with quarter-on-quarter (QoQ %) and year-on-year (YoY %) transformations available to compare short-term momentum against longer-term trends.

Sources

Figures are drawn from national statistical agencies and central banks and, where noted, from IDB internal calculations based on official data. Representative sources include the Bahamas National Statistical Institute, internal calculations based on DANE (Colombia) data, INDEC - Argentina, Banco Central de Venezuela and Bank of Guyana data.

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Metadata & use

Format CSV
Language en
Country
Argentina
Bahamas
Trinidad & Tobago
Belize
Costa Rica
Dominican Republic
Ecuador
Bolivia
Brazil
Chile
Colombia
El Salvador
Jamaica
Mexico
Nicaragua
Guatemala
Guyana
Haiti
Honduras
Panama
Uruguay
Venezuela
Barbados
Paraguay
Peru
Suriname
Data notes

What does GDP Growth measure?

It measures the real period-on-period percentage change in Gross Domestic Product at constant prices, reflecting the pace of economic expansion or contraction.

How many countries and which frequencies and period does it cover?

The series covers 25 countries across Latin America and the Caribbean at annual and quarterly frequency, spanning 1990–2026.

What units and transformations are available?

Values are reported in percent (%). Quarter-on-quarter (QoQ %) and year-on-year (YoY %) transformations are available.

Where does the data come from?

Data come from national statistical agencies and central banks, and from IDB internal calculations based on official data. Sources include the Bahamas National Statistical Institute, DANE (Colombia), INDEC - Argentina, Banco Central de Venezuela and Bank of Guyana.

What is GDP Growth typically used for?

It is used to track the business cycle, compare economic performance across countries, identify recessions and recoveries, and inform macroeconomic research, forecasting and policy decisions.

How do I cite this indicator?

Cite it as: Inter-American Development Bank (IDB), Latin Macro Watch — "GDP Growth". data.iadb.org/dataset/latin-macro-watch-dataset.

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