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Latin America

Latin America: global services hub In Latin America and the Caribbean, the performance of exports of other services has shown sustained growth. In 1990, its participation in GDP was 0.61% and in 2021 it increased to 1.15%. The transport sector has remained stable, without significant increases, while the tourism sector has increased in greater proportion than the other services sector, but has decreased drastically as of 2018. Since the impact of the COVID-19 pandemic in 2020, exports on each continent have recovered at varying rates of growth. In the Americas, the pace of recovery has been positive, although to a lesser degree than other regions. Even so, in the face of the crisis caus...