What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Latin America & the Caribbean (IDA & IBRD countries)?

The highest recorded value was 0.2347 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 & the Caribbean (IDA & IBRD countries)?

The lowest recorded value was 0.0613 current US$ per US$ of GDP in 1971.

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

Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd 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 & the Caribbean (IDA & IBRD countries)?

Over the last ten years it is up 16.7%. The long-run trend across the full record is rising.

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

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

Latin America & the Caribbean (IDA & IBRD countries): Merchandise exports by the reporting economy (current US$), per unit was 0.2057 current US$ per US$ of GDP in 2023. ▲ Rising

Latest (2023)

0.2057 current US$ per US$ of GDP

Change on year

down 12.3%

Rank

22nd

of 44 groups

All-time high

0.2347 current US$ per US$ of GDP

in 2022

All-time low

0.0613 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 & the Caribbean (IDA & IBRD countries), 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$), per unit in Latin America & the Caribbean (IDA & IBRD countries) is 0.2057 current US$ per US$ of GDP, measured in 2023.

That represents a change of down 12.3% on the previous year and up 16.7% over ten years.

Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Latin America & the Caribbean (IDA & IBRD countries) peaked at 0.2347 current US$ per US$ of GDP in 2022 and was at its lowest, 0.0613 current US$ per US$ of GDP, in 1971.

That places Latin America & the Caribbean (IDA & IBRD countries) 22nd 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 & the Caribbean (IDA & IBRD countries), year by year

Annual values for Merchandise exports by the reporting economy (current US$), per unit of GDP in Latin America & the Caribbean (IDA & IBRD countries), 1960 to 2023.
Year	current US$ per US$ of GDP	Change
1960	0.1003 current US$ per US$ of GDP	—
1961	0.0916 current US$ per US$ of GDP	-8.7%
1962	0.092 current US$ per US$ of GDP	+0.5%
1963	0.092 current US$ per US$ of GDP	-0.0%
1964	0.0903 current US$ per US$ of GDP	-1.9%
1965	0.0884 current US$ per US$ of GDP	-2.1%
1966	0.0858 current US$ per US$ of GDP	-3.0%
1967	0.0841 current US$ per US$ of GDP	-1.9%
1968	0.0825 current US$ per US$ of GDP	-1.9%
1969	0.0817 current US$ per US$ of GDP	-1.0%
1970	0.0838 current US$ per US$ of GDP	+2.5%
1971	0.0613 current US$ per US$ of GDP	-26.8%
1972	0.076 current US$ per US$ of GDP	+24.0%
1973	0.0824 current US$ per US$ of GDP	+8.4%
1974	0.1 current US$ per US$ of GDP	+21.3%
1975	0.0861 current US$ per US$ of GDP	-13.9%
1976	0.0905 current US$ per US$ of GDP	+5.1%
1977	0.0995 current US$ per US$ of GDP	+10.0%
1978	0.0895 current US$ per US$ of GDP	-10.1%
1979	0.1052 current US$ per US$ of GDP	+17.6%
1980	0.1095 current US$ per US$ of GDP	+4.1%
1981	0.1011 current US$ per US$ of GDP	-7.6%
1982	0.1035 current US$ per US$ of GDP	+2.3%
1983	0.1196 current US$ per US$ of GDP	+15.5%
1984	0.1263 current US$ per US$ of GDP	+5.6%
1985	0.1238 current US$ per US$ of GDP	-2.0%
1986	0.1017 current US$ per US$ of GDP	-17.8%
1987	0.1054 current US$ per US$ of GDP	+3.6%
1988	0.1115 current US$ per US$ of GDP	+5.8%
1989	0.1111 current US$ per US$ of GDP	-0.3%
1990	0.1115 current US$ per US$ of GDP	+0.4%
1991	0.1157 current US$ per US$ of GDP	+3.7%
1992	0.1121 current US$ per US$ of GDP	-3.1%
1993	0.1032 current US$ per US$ of GDP	-7.9%
1994	0.1028 current US$ per US$ of GDP	-0.4%
1995	0.1152 current US$ per US$ of GDP	+12.0%
1996	0.1191 current US$ per US$ of GDP	+3.4%
1997	0.1221 current US$ per US$ of GDP	+2.5%
1998	0.1191 current US$ per US$ of GDP	-2.5%
1999	0.1424 current US$ per US$ of GDP	+19.6%
2000	0.1554 current US$ per US$ of GDP	+9.1%
2001	0.1527 current US$ per US$ of GDP	-1.7%
2002	0.1742 current US$ per US$ of GDP	+14.0%
2003	0.1874 current US$ per US$ of GDP	+7.6%
2004	0.199 current US$ per US$ of GDP	+6.2%
2005	0.1979 current US$ per US$ of GDP	-0.6%
2006	0.2028 current US$ per US$ of GDP	+2.5%
2007	0.1941 current US$ per US$ of GDP	-4.3%
2008	0.1922 current US$ per US$ of GDP	-0.9%
2009	0.1601 current US$ per US$ of GDP	-16.7%
2010	0.1638 current US$ per US$ of GDP	+2.3%
2011	0.1773 current US$ per US$ of GDP	+8.2%
2012	0.1765 current US$ per US$ of GDP	-0.4%
2013	0.1763 current US$ per US$ of GDP	-0.1%
2014	0.1732 current US$ per US$ of GDP	-1.8%
2015	0.1753 current US$ per US$ of GDP	+1.2%
2016	0.174 current US$ per US$ of GDP	-0.7%
2017	0.1753 current US$ per US$ of GDP	+0.8%
2018	0.1966 current US$ per US$ of GDP	+12.1%
2019	0.1945 current US$ per US$ of GDP	-1.1%
2020	0.2119 current US$ per US$ of GDP	+9.0%
2021	0.2305 current US$ per US$ of GDP	+8.8%
2022	0.2347 current US$ per US$ of GDP	+1.8%
2023	0.2057 current US$ per US$ of GDP	-12.3%

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.0889 current US$ per US$ of GDP	0.0817 current US$ per US$ of GDP	0.1003 current US$ per US$ of GDP	10
1970s	0.0874 current US$ per US$ of GDP	0.0613 current US$ per US$ of GDP	0.1052 current US$ per US$ of GDP	10
1980s	0.1113 current US$ per US$ of GDP	0.1011 current US$ per US$ of GDP	0.1263 current US$ per US$ of GDP	10
1990s	0.1163 current US$ per US$ of GDP	0.1028 current US$ per US$ of GDP	0.1424 current US$ per US$ of GDP	10
2000s	0.1816 current US$ per US$ of GDP	0.1527 current US$ per US$ of GDP	0.2028 current US$ per US$ of GDP	10
2010s	0.1783 current US$ per US$ of GDP	0.1638 current US$ per US$ of GDP	0.1966 current US$ per US$ of GDP	10
2020s	0.2207 current US$ per US$ of GDP	0.2057 current US$ per US$ of GDP	0.2347 current US$ per US$ of GDP	4

Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)

19 United Arab Emirates 0.6131 current US$ per US$ of GDP compare
20 Faroe Islands 0.5951 current US$ per US$ of GDP compare
21 North Macedonia 0.5673 current US$ per US$ of GDP compare
22 Thailand 0.5422 current US$ per US$ of GDP compare
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

See the full ranking of 249 places →

More private sector data for Latin America & the Caribbean (IDA & IBRD countries)

Merchandise trade 44.2% (2025)
Food imports 9.0% (2024)
Manufactures imports 73.2% (2024)
Merchandise imports 1.57 trillion current US$ (2025)
Food exports 19.7% (2025)
Manufactures exports 56.4% (2025)
Merchandise exports 1.55 trillion current US$ (2025)
Merchandise exports (current US$), per capita 2,373 current US$ per person (2025)
Merchandise exports (current US$), per unit of GDP 0.2193 current US$ per US$ of GDP (2025)
Merchandise exports (current US$), annual growth rate 6.04 % change on previous year (2025)

All data for Latin America & the Caribbean (IDA & IBRD countries) →

Frequently asked questions

What is merchandise exports by the reporting economy (current us$), per unit in Latin America & the Caribbean (IDA & IBRD countries)?: Merchandise exports by the reporting economy (current us$), per unit in Latin America & the Caribbean (IDA & IBRD countries) was 0.2057 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Latin America & the Caribbean (IDA & IBRD countries)?: The highest recorded value was 0.2347 current US$ per US$ of GDP in 2022.
What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Latin America & the Caribbean (IDA & IBRD countries)?: The lowest recorded value was 0.0613 current US$ per US$ of GDP in 1971.
How does Latin America & the Caribbean (IDA & IBRD countries) rank for merchandise exports by the reporting economy (current us$), per unit?: Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd out of 44 groups with data for 2023.
Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?: Over the last ten years it is up 16.7%. The long-run trend across the full record is rising.
Where does this Latin America & the Caribbean (IDA & IBRD countries) 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 & the Caribbean (IDA & IBRD countries). Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us-per-unit-of-gdp/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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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.