Gross Merchandise Volume (GMV) is affected by currency exchange, number of items sold is a better metric to understand growth.
Roughly 56% of sales are made in Brazil, 30% in Argentina, 5% in Mexico, 3% in Venezuela and 4% in other countries.
Last reported quarter 2021 Q1 it was $6,057.20 million, up by 77% year-over-year from $3,414.10 million. From $13,997.50 million in 2019 it increased by 50% to $20,926.70 million in 2020.
Source: MerchadoLibre Quarterly Results.