In 2023, Latin America's recorded music revenue increased by 19.4 percent after having experienced a growth rate above 25 percent in the previous year. At the same time, the global recorded music revenue grew by nine percent.
Change in recorded music revenue in Latin America from 2016 to 2023
Characteristic
Annual growth rate
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Bundesverband Musikindustrie. (March 20, 2024). Change in recorded music revenue in Latin America from 2016 to 2023 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1001955/latin-america-music-revenue-growth/
Bundesverband Musikindustrie. "Change in recorded music revenue in Latin America from 2016 to 2023." Chart. March 20, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1001955/latin-america-music-revenue-growth/
Bundesverband Musikindustrie. (2024). Change in recorded music revenue in Latin America from 2016 to 2023. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1001955/latin-america-music-revenue-growth/
Bundesverband Musikindustrie. "Change in Recorded Music Revenue in Latin America from 2016 to 2023." Statista, Statista Inc., 20 Mar 2024, https://www.statista.com/statistics/1001955/latin-america-music-revenue-growth/
Bundesverband Musikindustrie, Change in recorded music revenue in Latin America from 2016 to 2023 Statista, https://www.statista.com/statistics/1001955/latin-america-music-revenue-growth/ (last visited September 01, 2024)
Change in recorded music revenue in Latin America from 2016 to 2023 [Graph], Bundesverband Musikindustrie, March 20, 2024. [Online]. Available: https://www.statista.com/statistics/1001955/latin-america-music-revenue-growth/