TikTok’s app performance in Latin America
In 2022, Brazil and Mexico were among TikTok’s biggest markets, with 73.58 million and 50.52 million users each, and 124.1 million combined. Around 30 percent of the internet users in Mexico and Brazil used the app, a number expected to increase to 40 percent by 2025.As of the third quarter of 2021, the number of monthly active TikTok users in Latin America increased by 91.2 percent year-over-year. Latin America ranked third in terms of year-over-year growth of TikTok MAU, placing behind the Asia Pacific and Middle East & North Africa, whose TikTok audience growth was in the triple digits.
After an initial boom in 2020, TikTok downloads have slowed worldwide during 2021. This is also true regarding the app’s performance in Latin America, although the platform’s app revenue is still growing in South American markets like Peru or Argentina.