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Consolidated Statements of Income (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]      
Net revenues $ 556,536,002us-gaap_SalesRevenueServicesNet $ 472,594,709us-gaap_SalesRevenueServicesNet $ 373,601,494us-gaap_SalesRevenueServicesNet
Cost of net revenues (158,978,001)us-gaap_CostOfRevenue (130,076,879)us-gaap_CostOfRevenue (98,085,644)us-gaap_CostOfRevenue
Gross profit 397,558,001us-gaap_GrossProfit 342,517,830us-gaap_GrossProfit 275,515,850us-gaap_GrossProfit
Operating expenses:      
Product and technology development (53,599,639)us-gaap_TechnologyServicesCosts (40,888,139)us-gaap_TechnologyServicesCosts (28,626,880)us-gaap_TechnologyServicesCosts
Sales and marketing (111,627,304)us-gaap_SellingAndMarketingExpense (90,484,296)us-gaap_SellingAndMarketingExpense (72,002,954)us-gaap_SellingAndMarketingExpense
General and administrative (62,364,509)us-gaap_GeneralAndAdministrativeExpense (57,606,340)us-gaap_GeneralAndAdministrativeExpense (45,228,145)us-gaap_GeneralAndAdministrativeExpense
Impairment of Long-Lived Assets (49,495,686)us-gaap_AssetImpairmentCharges    
Total operating expenses (277,087,138)us-gaap_OperatingExpenses (188,978,775)us-gaap_OperatingExpenses (145,857,979)us-gaap_OperatingExpenses
Income from operations 120,470,863us-gaap_OperatingIncomeLoss 153,539,055us-gaap_OperatingIncomeLoss 129,657,871us-gaap_OperatingIncomeLoss
Other income (expenses):      
Interest income and other financial gains 15,335,853us-gaap_InvestmentIncomeInterest 10,668,593us-gaap_InvestmentIncomeInterest 11,877,375us-gaap_InvestmentIncomeInterest
Interest expense and other financial losses (11,659,356)meli_InterestExpenseAndOtherFinancialCharges (2,355,929)meli_InterestExpenseAndOtherFinancialCharges (1,138,379)meli_InterestExpenseAndOtherFinancialCharges
Foreign currency (loss) / gain (2,351,539)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 1,258,476us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 11,597us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Other losses net   (751)us-gaap_OtherNonoperatingIncomeExpense (190,938)us-gaap_OtherNonoperatingIncomeExpense
Net income before income / asset tax expense 121,795,821us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 163,109,444us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 140,217,526us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income / asset tax expense (49,143,050)us-gaap_IncomeTaxExpenseBenefit (45,583,181)us-gaap_IncomeTaxExpenseBenefit (38,871,379)us-gaap_IncomeTaxExpenseBenefit
Net income 72,652,771us-gaap_ProfitLoss 117,526,263us-gaap_ProfitLoss 101,346,147us-gaap_ProfitLoss
Less: Net Income attributable to Redeemable Noncontrolling Interest 72,220us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 18,825us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 98,849us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to MercadoLibre, Inc. shareholders $ 72,580,551us-gaap_NetIncomeLoss $ 117,507,438us-gaap_NetIncomeLoss $ 101,247,298us-gaap_NetIncomeLoss
Basic EPS      
Basic net income attributable to MercadoLibre, Inc. Shareholders per common share $ 1.63us-gaap_EarningsPerShareBasic $ 2.66us-gaap_EarningsPerShareBasic $ 2.30us-gaap_EarningsPerShareBasic
Weighted average of outstanding common shares 44,153,884us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 44,152,600us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 44,147,861us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted EPS      
Diluted net income attributable to MercadoLibre, Inc. Shareholders per common share $ 1.63us-gaap_EarningsPerShareDiluted $ 2.66us-gaap_EarningsPerShareDiluted $ 2.30us-gaap_EarningsPerShareDiluted
Weighted average of outstanding common shares 44,153,884us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 44,152,600us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 44,149,838us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Cash Dividends declared $ 0.664us-gaap_CommonStockDividendsPerShareDeclared $ 0.572us-gaap_CommonStockDividendsPerShareDeclared $ 0.436us-gaap_CommonStockDividendsPerShareDeclared