Latin America & the Caribbean (IDA & IBRD countries) vs Saudi Arabia: Merchandise exports to low- and middle-income economies outside region
Merchandise exports to low- and middle-income economies outside region over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Saudi Arabia
How they compare
Saudi Arabia currently reports 40.5% against 20.7% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 19.8%.
That makes Saudi Arabia's figure about 2.0 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 60 years both countries report, Saudi Arabia has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 26th and Saudi Arabia ranks 29th of 47 groups.
Saudi Arabia has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 1.6% | 8.5% | 6.9% | Saudi Arabia |
| 1970s | 3.7% | 10.5% | 6.8% | Saudi Arabia |
| 1980s | 6.1% | 14.1% | 8.0% | Saudi Arabia |
| 1990s | 4.5% | 15.7% | 11.2% | Saudi Arabia |
| 2000s | 7.6% | 36.5% | 28.8% | Saudi Arabia |
| 2010s | 17.0% | 36.7% | 19.7% | Saudi Arabia |
| 2020s | 21.1% | 41.4% | 20.3% | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise exports to low- and middle-income economies outside region, Latin America & the Caribbean (IDA & IBRD countries) or Saudi Arabia?
- Saudi Arabia, at 40.5% against 20.7% in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
- What is the difference in merchandise exports to low- and middle-income economies outside region between Latin America & the Caribbean (IDA & IBRD countries) and Saudi Arabia?
- 19.8%, with Saudi Arabia ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Saudi Arabia?
- 60 years are reported by both, from 1964 to 2023.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Saudi Arabia rank globally for merchandise exports to low- and middle-income economies outside region?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 26th and Saudi Arabia ranks 29th of 47 groups.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.