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The 2024 Official LDC U.S. Latino GDP Report™

Authored by experts from the W. P. Carey School of Business at Arizona State University

Latino Donor Collaborative

Jun 26, 2025

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The 2024 LDC U.S. Latino GDP Report, produced by the Latino Donor Collaborative and sponsored by Wells Fargo, offers groundbreaking insights into the immense economic power of the U.S. Latino community.

This 7th edition of the annual report, authored by experts from the W. P. Carey School of Business at Arizona State University, highlights key areas of growth and the significant contributions Latinos make across industries, entrepreneurship, and human capital. In 2022, the U.S. Latino GDP reached $3.6 trillion, ranking as the fifth-largest economy globally, surpassing India, the U.K., and France. This growth reflects the continued upward trajectory of the Latino cohort in the United States.

Key findings from the report show that U.S. Latinos are not only driving GDP growth but also excelling in sectors such as manufacturing, retail trade, and construction.

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