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NET INCOME PER SHARE - Summary of Net Income per Share of Common Stock (Details) - USD ($)
$ / shares in Units, $ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net income attributable to MercadoLibre, Inc. per common share      
Net income per common share, Basic (in dollars per share) $ 37.69 $ 19.64 $ 9.57
Net income per common share, Diluted (in dollars per share) $ 37.69 $ 19.46 $ 9.53
Numerator:      
Net income $ 1,911 $ 987 [1] $ 482 [1]
Effect of dilutive 2028 Notes 0 6 7
Net income available to common stock, Basic 1,911 987 482
Net income available to common stock, Diluted $ 1,911 $ 993 $ 489
Denominator:      
Weighted average of common stock outstanding for earnings per share, Basic (in shares) 50,697,428 50,262,302 50,345,353
Adjustment for assumed conversions (in shares) 0 744,558 990,268
Adjusted weighted average of common stock outstanding for earnings per share, Diluted (in shares) 50,697,428 51,006,860 51,335,621
[1] Recast for consistency with the current presentation due to the change in the presentation of certain financial results. Please refer to Note 2 – Summary of significant accounting policies - Change in the presentation of certain financial results and reclassification of prior years results to our audited consolidated financial statements for further details.