Today in Data: LatAm’s Digital Transformation

By  |  June 10, 2022
 | 
Latin America

Today in data, Google makes a big investment in Latin America amid that region’s ongoing digital transformation.

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    Today in DataData

    $175B: Projected value of digital transactions in Latin America by 2025, up from its current level of $100 billion

    $1.2B: Google’s investment in Latin America, which includes funding for its digital wallet program

    86%: Portion of Mexican consumers who used cash as their primary payment method, down from 93% before the pandemic

    19%: Amount of Latin American eCommerce spending coming from digital wallets last year

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    6 in 10: Number of adults in Central America who don’t have bank accounts


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