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dc.titleDigital Trade in Latin America and the Caribbean: Connecting Markets, Powering Growth
dc.contributor.authorInter-American Development Bank
dc.contributor.authorWorld Bank
dc.contributor.authorWorld Trade Organization
dc.contributor.orgunitProductivity, Trade and Innovation Sector
dc.coverageThe Caribbean
dc.coverageThe Caribbean
dc.date.issue2026-09-08T00:09:00
dc.description.abstractDigital trade is emerging as a major growth opportunity for Latin America and the Caribbean (LAC). The regions exports of digitally delivered services increased nearly fivefold, from US$18.5 billion in 2005 to US$87.7 billion in 2024, yet they represent only 2 percent of the global total. Under a scenario combining technological progress with an improved policy environment, digitally deliverable services exports could grow by up to 7.9 percent annually through 2040. Digital Trade in Latin America and the Caribbean: Connecting Markets, Powering Growth, a joint report by the Inter-American Development Bank, the World Bank, and the Secretariat of the World Trade Organization, examines the regions digital trade landscape and the factors that enable or constrain its expansion. These include market openness, regulation, digital infrastructure and connectivity, cross-border payments, logistics and trade facilitation, export promotion, firm capabilities, skills, and access to finance. Drawing on new evidence, the report identifies possible actions to strengthen participation in digital trade and deepen regional integration. While providing a common foundation, these actions can inform country-specific roadmaps that reflect national circumstances, priorities, and needs, helping governments prioritize reforms, mobilize resources, engage stakeholders, and harness digital trade as an engine of inclusive and sustainable growth.
dc.format.extent158
dc.identifier.doihttp://dx.doi.org/10.18235/0014489
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Digital-Trade-in-Latin-America-and-the-Caribbean-Connecting-Markets-Powering-Growth.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/El-comercio-digital-en-America-Latina-y-el-Caribe-Conectar-los-mercados-para-potenciar-el-crecimiento.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectIntegration and Trade
dc.subjectExport
dc.subjectSmall Business
dc.subjectDigital Economy
dc.subjectTrade in Services
dc.subjectInternational Trade
dc.subjectArtificial Intelligence
dc.subjectExport of Service
dc.subjectDigital Technology
dc.subjectRegulation
dc.subjectEconomic Development
dc.subjectExport Growth
dc.subjectDigital Transformation
dc.subject.jelcodeF13 - Trade Policy • International Trade Organizations
dc.subject.jelcodeF14 - Empirical Studies of Trade
dc.subject.jelcodeF15 - Economic Integration
dc.subject.jelcodeF63 - Economic Development
dc.subject.jelcodeO33 - Technological Change: Choices and Consequences • Diffusion Processes
dc.subject.keywordsDigital trade;digital economy;International trade;Digitally Delivered Services;economic growth;Digital Transformation;regional integration
dc.typeCatalogs and Brochures
dc.typeCo-Publications
idb.identifier.pubnumberIDB-CB-01223
idb.operationRG-E1937
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