Merchandise exports by the reporting economy (current US$), per unit in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Merchandise exports by the reporting economy (current US$), per unit was 0.199 current US$ per US$ of GDP in 2023. ▲ Rising
Merchandise exports by the reporting economy (current US$), per unit in Latin America & Caribbean (excluding high income), 1960–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for merchandise exports by the reporting economy (current us$), per unit in Latin America & Caribbean (excluding high income) is 0.199 current US$ per US$ of GDP, measured in 2023.
The figure is down 11.6% on the previous year and up 17.9% over ten years.
Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Latin America & Caribbean (excluding high income) peaked at 0.2251 current US$ per US$ of GDP in 2022 and was at its lowest, 0.0531 current US$ per US$ of GDP, in 1971.
That places Latin America & Caribbean (excluding high income) 26th out of 44 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise exports by the reporting economy (current US$), per unit in Latin America & Caribbean (excluding high income), year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0927 current US$ per US$ of GDP | — |
| 1961 | 0.0835 current US$ per US$ of GDP | -9.9% |
| 1962 | 0.0863 current US$ per US$ of GDP | +3.4% |
| 1963 | 0.0855 current US$ per US$ of GDP | -0.9% |
| 1964 | 0.0825 current US$ per US$ of GDP | -3.6% |
| 1965 | 0.0802 current US$ per US$ of GDP | -2.7% |
| 1966 | 0.0767 current US$ per US$ of GDP | -4.5% |
| 1967 | 0.0748 current US$ per US$ of GDP | -2.5% |
| 1968 | 0.0726 current US$ per US$ of GDP | -2.9% |
| 1969 | 0.0722 current US$ per US$ of GDP | -0.6% |
| 1970 | 0.0741 current US$ per US$ of GDP | +2.6% |
| 1971 | 0.0531 current US$ per US$ of GDP | -28.3% |
| 1972 | 0.0697 current US$ per US$ of GDP | +31.3% |
| 1973 | 0.0773 current US$ per US$ of GDP | +10.9% |
| 1974 | 0.0885 current US$ per US$ of GDP | +14.5% |
| 1975 | 0.0749 current US$ per US$ of GDP | -15.4% |
| 1976 | 0.0787 current US$ per US$ of GDP | +5.2% |
| 1977 | 0.0894 current US$ per US$ of GDP | +13.6% |
| 1978 | 0.0805 current US$ per US$ of GDP | -9.9% |
| 1979 | 0.0955 current US$ per US$ of GDP | +18.6% |
| 1980 | 0.1003 current US$ per US$ of GDP | +5.0% |
| 1981 | 0.096 current US$ per US$ of GDP | -4.3% |
| 1982 | 0.0973 current US$ per US$ of GDP | +1.3% |
| 1983 | 0.1129 current US$ per US$ of GDP | +16.1% |
| 1984 | 0.1199 current US$ per US$ of GDP | +6.2% |
| 1985 | 0.1169 current US$ per US$ of GDP | -2.5% |
| 1986 | 0.094 current US$ per US$ of GDP | -19.6% |
| 1987 | 0.0977 current US$ per US$ of GDP | +3.9% |
| 1988 | 0.1027 current US$ per US$ of GDP | +5.2% |
| 1989 | 0.1021 current US$ per US$ of GDP | -0.6% |
| 1990 | 0.1032 current US$ per US$ of GDP | +1.1% |
| 1991 | 0.1088 current US$ per US$ of GDP | +5.5% |
| 1992 | 0.1059 current US$ per US$ of GDP | -2.7% |
| 1993 | 0.0978 current US$ per US$ of GDP | -7.7% |
| 1994 | 0.0972 current US$ per US$ of GDP | -0.6% |
| 1995 | 0.1077 current US$ per US$ of GDP | +10.7% |
| 1996 | 0.1128 current US$ per US$ of GDP | +4.8% |
| 1997 | 0.1174 current US$ per US$ of GDP | +4.1% |
| 1998 | 0.115 current US$ per US$ of GDP | -2.0% |
| 1999 | 0.138 current US$ per US$ of GDP | +20.0% |
| 2000 | 0.1495 current US$ per US$ of GDP | +8.3% |
| 2001 | 0.1464 current US$ per US$ of GDP | -2.1% |
| 2002 | 0.1676 current US$ per US$ of GDP | +14.4% |
| 2003 | 0.1787 current US$ per US$ of GDP | +6.7% |
| 2004 | 0.1884 current US$ per US$ of GDP | +5.4% |
| 2005 | 0.1863 current US$ per US$ of GDP | -1.1% |
| 2006 | 0.1882 current US$ per US$ of GDP | +1.0% |
| 2007 | 0.1803 current US$ per US$ of GDP | -4.2% |
| 2008 | 0.1809 current US$ per US$ of GDP | +0.3% |
| 2009 | 0.1501 current US$ per US$ of GDP | -17.0% |
| 2010 | 0.1543 current US$ per US$ of GDP | +2.8% |
| 2011 | 0.1683 current US$ per US$ of GDP | +9.1% |
| 2012 | 0.1691 current US$ per US$ of GDP | +0.5% |
| 2013 | 0.1688 current US$ per US$ of GDP | -0.1% |
| 2014 | 0.1659 current US$ per US$ of GDP | -1.7% |
| 2015 | 0.1702 current US$ per US$ of GDP | +2.6% |
| 2016 | 0.1696 current US$ per US$ of GDP | -0.4% |
| 2017 | 0.1707 current US$ per US$ of GDP | +0.6% |
| 2018 | 0.1934 current US$ per US$ of GDP | +13.3% |
| 2019 | 0.1912 current US$ per US$ of GDP | -1.2% |
| 2020 | 0.2057 current US$ per US$ of GDP | +7.6% |
| 2021 | 0.223 current US$ per US$ of GDP | +8.4% |
| 2022 | 0.2251 current US$ per US$ of GDP | +0.9% |
| 2023 | 0.199 current US$ per US$ of GDP | -11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0807 current US$ per US$ of GDP | 0.0722 current US$ per US$ of GDP | 0.0927 current US$ per US$ of GDP | 10 |
| 1970s | 0.0782 current US$ per US$ of GDP | 0.0531 current US$ per US$ of GDP | 0.0955 current US$ per US$ of GDP | 10 |
| 1980s | 0.104 current US$ per US$ of GDP | 0.094 current US$ per US$ of GDP | 0.1199 current US$ per US$ of GDP | 10 |
| 1990s | 0.1104 current US$ per US$ of GDP | 0.0972 current US$ per US$ of GDP | 0.138 current US$ per US$ of GDP | 10 |
| 2000s | 0.1716 current US$ per US$ of GDP | 0.1464 current US$ per US$ of GDP | 0.1884 current US$ per US$ of GDP | 10 |
| 2010s | 0.1722 current US$ per US$ of GDP | 0.1543 current US$ per US$ of GDP | 0.1934 current US$ per US$ of GDP | 10 |
| 2020s | 0.2132 current US$ per US$ of GDP | 0.199 current US$ per US$ of GDP | 0.2251 current US$ per US$ of GDP | 4 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 23 Lithuania 0.5323 current US$ per US$ of GDP compare
- 24 Micronesia, Federated States of 0.5296 current US$ per US$ of GDP compare
- 25 Latvia 0.5274 current US$ per US$ of GDP compare
- 26 Lao People's Democratic Republic 0.5224 current US$ per US$ of GDP compare
- 27 Congo 0.5211 current US$ per US$ of GDP compare
- 28 Cambodia 0.5207 current US$ per US$ of GDP compare
- 29 Guyana 0.492 current US$ per US$ of GDP compare
More private sector data for Latin America & Caribbean (excluding high income)
- Merchandise trade 43.4% (2025)
- Food imports 8.3% (2024)
- Manufactures imports 74.3% (2024)
- Merchandise imports 1.40 trillion current US$ (2025)
- Food exports 19.4% (2025)
- Manufactures exports 61.3% (2025)
- Merchandise exports 1.37 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,178 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2093 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.06 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is merchandise exports by the reporting economy (current us$), per unit in Latin America & Caribbean (excluding high income)?
- Merchandise exports by the reporting economy (current us$), per unit in Latin America & Caribbean (excluding high income) was 0.199 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 0.2251 current US$ per US$ of GDP in 2022.
- What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 0.0531 current US$ per US$ of GDP in 1971.
- How does Latin America & Caribbean (excluding high income) rank for merchandise exports by the reporting economy (current us$), per unit?
- Latin America & Caribbean (excluding high income) ranks 26th out of 44 groups with data for 2023.
- Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 17.9%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise exports by the reporting economy (current US$) ÷ GDP (current US$)
Computed from
- Merchandise exports by the reporting economy Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.