As of 2019, the value of payment transactions carried out in selected Latin American countries amounted to approximately 13.95 trillion U.S dollars. This represents the lowest value recorded in recent years and a decrease of nearly half (47 percent) in comparison to the 26.37 trillion dollars registered in the previous year. Further, nearly 84 percent of payment transactions value in the region resulted from credit transfers.
Value of payment transactions in Latin America from 2016 to 2019
(in trillion U.S. dollars)
Data for 2016: at 2011 exchange rates.
Data for 2017: at 2012 exchange rates. Figures included Argentina and Costa Rica for the first time.
Data for 2018: at 2013 exchange rates.
Data for 2019: at 2009 exchange rates.
Values have been rounded.
*Figures prior 2019 were retrieved from previous publications.
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Raynor de Best
Content expert covering payments and (crypto)currencies
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Minsait. (January 19, 2021). Value of payment transactions in Latin America from 2016 to 2019 (in trillion U.S. dollars) [Graph]. In Statista. Retrieved April 22, 2025, from https://www.statista.com/statistics/823813/value-payment-transactions-latin-america/
Minsait. "Value of payment transactions in Latin America from 2016 to 2019 (in trillion U.S. dollars)." Chart. January 19, 2021. Statista. Accessed April 22, 2025. https://www.statista.com/statistics/823813/value-payment-transactions-latin-america/
Minsait. (2021). Value of payment transactions in Latin America from 2016 to 2019 (in trillion U.S. dollars). Statista. Statista Inc.. Accessed: April 22, 2025. https://www.statista.com/statistics/823813/value-payment-transactions-latin-america/
Minsait. "Value of Payment Transactions in Latin America from 2016 to 2019 (in Trillion U.S. Dollars)." Statista, Statista Inc., 19 Jan 2021, https://www.statista.com/statistics/823813/value-payment-transactions-latin-america/
Minsait, Value of payment transactions in Latin America from 2016 to 2019 (in trillion U.S. dollars) Statista, https://www.statista.com/statistics/823813/value-payment-transactions-latin-america/ (last visited April 22, 2025)
Value of payment transactions in Latin America from 2016 to 2019 (in trillion U.S. dollars) [Graph], Minsait, January 19, 2021. [Online]. Available: https://www.statista.com/statistics/823813/value-payment-transactions-latin-america/