In 2021, total ad expenditure in Latin America amounted to nearly 27 billion U.S. dollars and it is expected to increase over 34 billion by 2024. Brazil is the largest ad market in Latin America, with 2020 spending of approximately 9.97 billion U.S. dollars.
Advertising spending in Latin America from 2010 to 2024
(in billion U.S. dollars)
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Zenith. (December 6, 2021). Advertising spending in Latin America from 2010 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 20, 2022, from https://www.statista.com/statistics/429025/advertising-expenditure-in-latin-america/
Zenith. "Advertising spending in Latin America from 2010 to 2024 (in billion U.S. dollars)." Chart. December 6, 2021. Statista. Accessed May 20, 2022. https://www.statista.com/statistics/429025/advertising-expenditure-in-latin-america/
Zenith. (2021). Advertising spending in Latin America from 2010 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 20, 2022. https://www.statista.com/statistics/429025/advertising-expenditure-in-latin-america/
Zenith. "Advertising Spending in Latin America from 2010 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 6 Dec 2021, https://www.statista.com/statistics/429025/advertising-expenditure-in-latin-america/
Zenith, Advertising spending in Latin America from 2010 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/429025/advertising-expenditure-in-latin-america/ (last visited May 20, 2022)