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Interim Condensed Consolidated Statements of Comprehensive Income (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Statement Of Income And Comprehensive Income [Abstract]        
Net income (loss) $ (25,588,478) $ 30,021,018 $ 4,739,475 $ 47,543,609
Other comprehensive (loss) income, net of income tax:        
Currency translation adjustment 508,910 (13,667,817) (16,101,660) (14,627,161)
Unrealized net gains on available for sale investments 83,565 (771,109) 121,894 (242,770)
Less: reclassification adjustment for gains on available for sale investments included in net income     (25,467) (759,565)
Net change in accumulated other comprehensive loss, net of income tax 592,475 (14,438,926) (16,005,233) (15,629,496)
Total comprehensive (loss) income (24,996,003) 15,582,092 (11,265,758) 31,914,113
Less: Comprehensive (loss) income attributable to Redeemable Noncontrolling Interest 28,812 (152,439) 100,891 67,415
Comprehensive (loss) income attributable to MercadoLibre, Inc. Shareholders $ (25,024,815) $ 15,734,531 $ (11,366,649) $ 31,846,698