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  5. Latin Macro Watch Dataset...
  6. Imports of Services (BOP)

Imports of Services (BOP)

By Department of Research and Chief Economist (VPS/RES/RES)
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Imports of Services (Balance of Payments) measure the value of services acquired by residents from non-residents, including items such as transport, travel, telecommunications and professional services. Transactions are recorded when the service is provided or ownership changes. As part of the current account, this indicator captures cross-border service transactions and is a core input for trade-balance and external-sector analysis across Latin America and the Caribbean. The series is published in the Latin Macro Watch dataset maintained by the Inter-American Development Bank (IDB).

Coverage

Data are available for 23 countries across Latin America and the Caribbean at annual, monthly, and quarterly frequency, spanning 1991 to 2026. Values are provided in millions of USD, as a share of GDP, of total exports, or of total imports, on a year-to-date (YTD) and seasonally adjusted basis. Standard transformations include moving averages (MA3, MA6, MA12) and month-over-month (MoM %), quarter-over-quarter (QoQ %), and year-over-year (YoY %) growth rates.

Sources

Figures are compiled from official national authorities, including the Banco Central do Brasil, Banco de Mexico (Banxico), Banco de la República de Colombia, Banco Central de Chile, and INDEC - Argentina, among other central banks and statistical offices across the region.

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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 Imports of Services (BOP) measure?

It measures the value of services acquired by residents from non-residents, including transport, travel, telecommunications and professional services. Transactions are recorded when the service is provided or ownership changes.

How many countries and which periods are covered?

The indicator covers 23 countries across Latin America and the Caribbean from 1991 to 2026, at annual, monthly, and quarterly frequency.

What units and transformations are available?

Values are available in millions of USD, as a share of GDP, of total exports, or of total imports, plus YTD and seasonally adjusted series. Transformations include MA3, MA6, MA12 moving averages and MoM %, QoQ %, and YoY % growth rates.

Where does the data come from?

Figures are compiled from official national authorities, including the Banco Central do Brasil, Banco de Mexico (Banxico), Banco de la República de Colombia, Banco Central de Chile, and INDEC - Argentina, among other central banks and statistical offices.

What are typical uses of this indicator?

It is used to analyze the services component of the trade balance and current account, assess external demand for services such as transport and travel, and support macroeconomic and external-sector analysis across the region.

How do I cite this indicator?

Inter-American Development Bank (IDB), Latin Macro Watch — "Imports of Services (BOP)". data.iadb.org/dataset/latin-macro-watch-dataset.

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