Merchandise exports to low- and middle-income economies in Europe & in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Merchandise exports to low- and middle-income economies in Europe & was 0.6% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Europe & in Latin America & the Caribbean (IDA & IBRD countries), 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in europe & in Latin America & the Caribbean (IDA & IBRD countries) is 0.6%, measured in 2023.
That represents a change of down 12.7% on the previous year and up 5.5% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in europe & in Latin America & the Caribbean (IDA & IBRD countries) peaked at 0.8% in 2020 and was at its lowest, 0.0%, in 1966.
Latin America & the Caribbean (IDA & IBRD countries) ranks 44th of 47 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in Europe & in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.0% | +140.3% |
| 1962 | 0.0% | -19.1% |
| 1963 | 0.0% | -49.2% |
| 1964 | 0.0% | +8.9% |
| 1965 | 0.0% | +75.3% |
| 1966 | 0.0% | -70.3% |
| 1967 | 0.0% | +234.2% |
| 1968 | 0.0% | -48.6% |
| 1969 | 0.0% | -31.2% |
| 1970 | 0.0% | +170.4% |
| 1971 | 0.1% | +106.3% |
| 1972 | 0.1% | +30.8% |
| 1973 | 0.1% | +12.0% |
| 1974 | 0.1% | -28.6% |
| 1975 | 0.2% | +176.6% |
| 1976 | 0.2% | -21.7% |
| 1977 | 0.1% | -28.7% |
| 1978 | 0.1% | +12.2% |
| 1979 | 0.1% | -29.9% |
| 1980 | 0.0% | -63.8% |
| 1981 | 0.1% | +79.0% |
| 1982 | 0.1% | +12.5% |
| 1983 | 0.1% | +12.2% |
| 1984 | 0.1% | +13.9% |
| 1985 | 0.2% | +166.6% |
| 1986 | 0.2% | +11.9% |
| 1987 | 0.3% | +9.4% |
| 1988 | 0.3% | -1.3% |
| 1989 | 0.3% | +24.8% |
| 1990 | 0.3% | -11.9% |
| 1991 | 0.2% | -22.0% |
| 1992 | 0.3% | +24.6% |
| 1993 | 0.3% | +0.4% |
| 1994 | 0.1% | -52.5% |
| 1995 | 0.2% | +72.5% |
| 1996 | 0.3% | +14.1% |
| 1997 | 0.3% | -0.7% |
| 1998 | 0.3% | +4.6% |
| 1999 | 0.2% | -36.0% |
| 2000 | 0.2% | +12.1% |
| 2001 | 0.1% | -34.2% |
| 2002 | 0.2% | +36.2% |
| 2003 | 0.3% | +95.8% |
| 2004 | 0.4% | +14.6% |
| 2005 | 0.4% | +10.5% |
| 2006 | 0.4% | +2.1% |
| 2007 | 0.4% | -3.3% |
| 2008 | 0.5% | +14.5% |
| 2009 | 0.4% | -10.7% |
| 2010 | 0.6% | +46.1% |
| 2011 | 0.6% | -12.1% |
| 2012 | 0.6% | -1.4% |
| 2013 | 0.6% | +2.9% |
| 2014 | 0.6% | -0.3% |
| 2015 | 0.6% | -2.6% |
| 2016 | 0.6% | +8.0% |
| 2017 | 0.7% | +13.4% |
| 2018 | 0.7% | +7.1% |
| 2019 | 0.6% | -12.5% |
| 2020 | 0.8% | +19.6% |
| 2021 | 0.7% | -7.3% |
| 2022 | 0.7% | -2.2% |
| 2023 | 0.6% | -12.7% |
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Europe & in Latin America & the Caribbean (IDA & IBRD countries) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1967 | +234.2% | 0.0% | 0.0% |
| 1975 | +176.6% | 0.1% | 0.2% |
| 1970 | +170.4% | 0.0% | 0.0% |
| 1985 | +166.6% | 0.1% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0% | 0.0% | 0.0% | 10 |
| 1970s | 0.1% | 0.0% | 0.2% | 10 |
| 1980s | 0.2% | 0.0% | 0.3% | 10 |
| 1990s | 0.2% | 0.1% | 0.3% | 10 |
| 2000s | 0.4% | 0.1% | 0.5% | 10 |
| 2010s | 0.6% | 0.6% | 0.7% | 10 |
| 2020s | 0.7% | 0.6% | 0.8% | 4 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
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 to low- and middle-income economies in europe & in Latin America & the Caribbean (IDA & IBRD countries)?
- Merchandise exports to low- and middle-income economies in europe & in Latin America & the Caribbean (IDA & IBRD countries) was 0.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in europe & recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 0.8% in 2020.
- What is the lowest merchandise exports to low- and middle-income economies in europe & recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 0.0% in 1966.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for merchandise exports to low- and middle-income economies in europe &?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 44th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in europe & rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 5.5%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are 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.