How does Latin America & Caribbean rank for merchandise exports by the reporting economy (current us$), per unit?

Latin America & Caribbean ranks 30th 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?

Over the last ten years it is up 14.6%. The long-run trend across the full record is rising.

Merchandise exports by the reporting economy (current US$), per unit in Latin America & Caribbean

Name: Merchandise exports by the reporting economy (current US$), per unit in Latin America & Caribbean
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Latin America & Caribbean: Merchandise exports by the reporting economy (current US$), per unit was 0.1965 current US$ per US$ of GDP in 2023. ▲ Rising

Latest (2023)

0.1965 current US$ per US$ of GDP

Change on year

down 12.2%

Rank

30th

of 44 groups

All-time high

0.2238 current US$ per US$ of GDP

in 2022

All-time low

0.0582 current US$ per US$ of GDP

in 1971

Years of data

1960–2023

Merchandise exports by the reporting economy (current US$), per unit in Latin America & Caribbean, 1960–2023

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2023, merchandise exports by the reporting economy (current us$), per unit in Latin America & Caribbean stood at 0.1965 current US$ per US$ of GDP.

The figure is down 12.2% on the previous year and up 14.6% over ten years.

Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Latin America & Caribbean peaked at 0.2238 current US$ per US$ of GDP in 2022 and was at its lowest, 0.0582 current US$ per US$ of GDP, in 1971.

Latin America & Caribbean ranks 30th of 44 groups on this measure, 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, year by year

Annual values for Merchandise exports by the reporting economy (current US$), per unit of GDP in Latin America & Caribbean, 1960 to 2023.
Year	current US$ per US$ of GDP	Change
1960	0.0942 current US$ per US$ of GDP	—
1961	0.086 current US$ per US$ of GDP	-8.7%
1962	0.0864 current US$ per US$ of GDP	+0.5%
1963	0.0863 current US$ per US$ of GDP	-0.1%
1964	0.0848 current US$ per US$ of GDP	-1.8%
1965	0.0829 current US$ per US$ of GDP	-2.2%
1966	0.0804 current US$ per US$ of GDP	-3.0%
1967	0.0787 current US$ per US$ of GDP	-2.1%
1968	0.0772 current US$ per US$ of GDP	-1.9%
1969	0.0764 current US$ per US$ of GDP	-1.1%
1970	0.0785 current US$ per US$ of GDP	+2.7%
1971	0.0582 current US$ per US$ of GDP	-25.8%
1972	0.072 current US$ per US$ of GDP	+23.6%
1973	0.0788 current US$ per US$ of GDP	+9.5%
1974	0.0981 current US$ per US$ of GDP	+24.5%
1975	0.0872 current US$ per US$ of GDP	-11.1%
1976	0.092 current US$ per US$ of GDP	+5.5%
1977	0.1005 current US$ per US$ of GDP	+9.3%
1978	0.0896 current US$ per US$ of GDP	-10.8%
1979	0.105 current US$ per US$ of GDP	+17.2%
1980	0.1098 current US$ per US$ of GDP	+4.5%
1981	0.1048 current US$ per US$ of GDP	-4.5%
1982	0.105 current US$ per US$ of GDP	+0.2%
1983	0.119 current US$ per US$ of GDP	+13.4%
1984	0.1236 current US$ per US$ of GDP	+3.9%
1985	0.1203 current US$ per US$ of GDP	-2.7%
1986	0.0991 current US$ per US$ of GDP	-17.6%
1987	0.1025 current US$ per US$ of GDP	+3.4%
1988	0.1076 current US$ per US$ of GDP	+4.9%
1989	0.108 current US$ per US$ of GDP	+0.4%
1990	0.1067 current US$ per US$ of GDP	-1.2%
1991	0.1109 current US$ per US$ of GDP	+3.9%
1992	0.108 current US$ per US$ of GDP	-2.5%
1993	0.0998 current US$ per US$ of GDP	-7.6%
1994	0.0993 current US$ per US$ of GDP	-0.6%
1995	0.1111 current US$ per US$ of GDP	+11.9%
1996	0.1155 current US$ per US$ of GDP	+3.9%
1997	0.1181 current US$ per US$ of GDP	+2.3%
1998	0.115 current US$ per US$ of GDP	-2.7%
1999	0.1364 current US$ per US$ of GDP	+18.6%
2000	0.1489 current US$ per US$ of GDP	+9.1%
2001	0.1456 current US$ per US$ of GDP	-2.2%
2002	0.1645 current US$ per US$ of GDP	+13.0%
2003	0.1766 current US$ per US$ of GDP	+7.4%
2004	0.1886 current US$ per US$ of GDP	+6.8%
2005	0.1886 current US$ per US$ of GDP	-0.0%
2006	0.1943 current US$ per US$ of GDP	+3.1%
2007	0.1871 current US$ per US$ of GDP	-3.7%
2008	0.1859 current US$ per US$ of GDP	-0.6%
2009	0.1542 current US$ per US$ of GDP	-17.0%
2010	0.1589 current US$ per US$ of GDP	+3.0%
2011	0.1724 current US$ per US$ of GDP	+8.5%
2012	0.1715 current US$ per US$ of GDP	-0.5%
2013	0.1715 current US$ per US$ of GDP	-0.0%
2014	0.1682 current US$ per US$ of GDP	-1.9%
2015	0.1687 current US$ per US$ of GDP	+0.3%
2016	0.1669 current US$ per US$ of GDP	-1.1%
2017	0.1688 current US$ per US$ of GDP	+1.1%
2018	0.189 current US$ per US$ of GDP	+12.0%
2019	0.1866 current US$ per US$ of GDP	-1.3%
2020	0.2015 current US$ per US$ of GDP	+8.0%
2021	0.2198 current US$ per US$ of GDP	+9.1%
2022	0.2238 current US$ per US$ of GDP	+1.8%
2023	0.1965 current US$ per US$ of GDP	-12.2%

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.0834 current US$ per US$ of GDP	0.0764 current US$ per US$ of GDP	0.0942 current US$ per US$ of GDP	10
1970s	0.086 current US$ per US$ of GDP	0.0582 current US$ per US$ of GDP	0.105 current US$ per US$ of GDP	10
1980s	0.11 current US$ per US$ of GDP	0.0991 current US$ per US$ of GDP	0.1236 current US$ per US$ of GDP	10
1990s	0.1121 current US$ per US$ of GDP	0.0993 current US$ per US$ of GDP	0.1364 current US$ per US$ of GDP	10
2000s	0.1734 current US$ per US$ of GDP	0.1456 current US$ per US$ of GDP	0.1943 current US$ per US$ of GDP	10
2010s	0.1722 current US$ per US$ of GDP	0.1589 current US$ per US$ of GDP	0.189 current US$ per US$ of GDP	10
2020s	0.2104 current US$ per US$ of GDP	0.1965 current US$ per US$ of GDP	0.2238 current US$ per US$ of GDP	4

Countries ranked near Latin America & Caribbean

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
30 Azerbaijan 0.468 current US$ per US$ of GDP compare
31 Estonia 0.4673 current US$ per US$ of GDP compare
32 Poland 0.4671 current US$ per US$ of GDP compare
33 Qatar 0.4557 current US$ per US$ of GDP compare

See the full ranking of 249 places →

More private sector data for Latin America & Caribbean

Merchandise trade 44.2% (2025)
Food imports 9.1% (2024)
Manufactures imports 73.2% (2024)
Merchandise imports 1.66 trillion current US$ (2025)
Food exports 24.7% (2024)
Manufactures exports 46.5% (2024)
Merchandise exports 1.67 trillion current US$ (2025)
Merchandise exports (current US$), per capita 2,503 current US$ per person (2025)
Merchandise exports (current US$), per unit of GDP 0.2256 current US$ per US$ of GDP (2025)
Merchandise exports (current US$), annual growth rate 6.02 % change on previous year (2025)

All data for Latin America & Caribbean →

Frequently asked questions

What is merchandise exports by the reporting economy (current us$), per unit in Latin America & Caribbean?: Merchandise exports by the reporting economy (current us$), per unit in Latin America & Caribbean was 0.1965 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Latin America & Caribbean?: The highest recorded value was 0.2238 current US$ per US$ of GDP in 2022.
What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Latin America & Caribbean?: The lowest recorded value was 0.0582 current US$ per US$ of GDP in 1971.
How does Latin America & Caribbean rank for merchandise exports by the reporting economy (current us$), per unit?: Latin America & Caribbean ranks 30th out of 44 groups with data for 2023.
Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Latin America & Caribbean?: Over the last ten years it is up 14.6%. The long-run trend across the full record is rising.
Where does this Latin America & Caribbean 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.

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Merchandise exports by the reporting economy (current US$), per unit in Latin America & Caribbean. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/latin-america-and-caribbean/

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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

Indicator: Merchandise exports by the reporting economy (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 249 places, 12,888 data points, 1960–2023
Last refreshed: 21 August 2026

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.