The Latino Donor Collaborative Releases Preliminary Numbers from Part One of the 2025 Official LDC U.S. Latino GDP Report™: U.S. Latino Economy Hits $4 Trillion, Surpassing UK and India
'The U.S. Latino cohort is one of the most powerful forces in today's economy. Anyone who wants to grow market share or drive innovation needs to start here.' - Sol Trujillo, Chairman of the Latino Donor Collaborative.
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The findings confirm that Latinos are not only vital to U.S. prosperity, they are its most dynamic growth engine. Since 2017, when LDC first began measuring Latino GDP at $2.17 trillion, the U.S. Latino economy has grown at an impressive average annual rate of 4.4%. In fact, from 2015 to 2023, it doubled in size, far outpacing the 30% growth of the overall U.S. GDP during the same period, highlighting Latinos' outsized role in U.S. economic growth.
'The information in this report is critical for leaders across the country in business, investment, policy, and media,' said Sol Trujillo, Chairman of the Latino Donor Collaborative. 'The U.S. Latino cohort is one of the most powerful forces in today's economy. Anyone who wants to grow market share or drive innovation needs to start here.'
Preliminary key findings include:
The U.S. Latino GDP hit $4 trillion in 2023, doubling since 2017. It remains the second fastest-growing economy in the world, behind only China.
Latino purchasing power surged to $4.1 trillion, growing 2.4 times faster than that of non-Latinos.
Latino consumer spending reached $2.5 trillion, growing at 4.9% annually, more than double the non-Latino rate.
Latino Gross Domestic Income is growing 2.5 times faster than that of the rest of the country.
'This is not just a report, it's a strategic wake-up call,' said Ana Valdez, CEO of the Latino Donor Collaborative. 'The data tells a simple story: Latinos are driving U.S. growth.'
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