Latin America & the Caribbean (IDA & IBRD countries) vs Philippines: Merchandise imports from low- and middle-income economies in East

Latin America & the Caribbean (IDA & IBRD countries)
24.7%
in 2023
Philippines
47.5%
in 2023
Latin America & the Caribbean (IDA & IBRD countries) rank
12th
Philippines rank
10th

Merchandise imports from low- and middle-income economies in East over time

  • Latin America & the Caribbean (IDA & IBRD countries)
  • Philippines
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How they compare

Philippines currently reports 47.5% against 24.7% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 22.8%.

That makes Philippines's figure about 1.9 times Latin America & the Caribbean (IDA & IBRD countries)'s.

Across all 64 years both countries report, Philippines has been ahead every year.

Latin America & the Caribbean (IDA & IBRD countries) ranks 12th and Philippines ranks 10th of 47 groups.

Philippines 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) Philippines Difference Ahead
1960s 0.3% 5.6% 5.4% Philippines
1970s 0.7% 5.5% 4.8% Philippines
1980s 1.1% 9.5% 8.3% Philippines
1990s 2.0% 8.9% 6.9% Philippines
2000s 9.3% 17.4% 8.2% Philippines
2010s 20.4% 33.4% 13.0% Philippines
2020s 25.4% 44.5% 19.1% Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports from low- and middle-income economies in east, Latin America & the Caribbean (IDA & IBRD countries) or Philippines?
Philippines, at 47.5% against 24.7% in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in east between Latin America & the Caribbean (IDA & IBRD countries) and Philippines?
22.8%, with Philippines ahead.
How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Philippines?
64 years are reported by both, from 1960 to 2023.
How do Latin America & the Caribbean (IDA & IBRD countries) and Philippines rank globally for merchandise imports from low- and middle-income economies in east?
Latin America & the Caribbean (IDA & IBRD countries) ranks 12th and Philippines ranks 10th of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & the Caribbean (IDA & IBRD countries) vs Philippines: Merchandise imports from low- and middle-income economies in East. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-east-asia-and-pacific-percent/latin-america-and-the-caribbean-ida-and-ibrd-countries/philippines/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,103 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.