Merchandise exports to low- and middle-income economies in Latin in Europe & Central Asia (IDA & IBRD countries)

Europe & Central Asia (IDA & IBRD countries): Merchandise exports to low- and middle-income economies in Latin was 1.6% in 2023. ▼ Falling

Latest (2023)
1.6%
Change on year
up 11.9%
Rank
34th
of 47 groups
All-time high
2.9%
in 1961
All-time low
0.5%
in 1967
Years of data
64
1960–2023

Merchandise exports to low- and middle-income economies in Latin in Europe & Central Asia (IDA & IBRD countries), 1960–2023

0.511.522.53196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

In 2023, merchandise exports to low- and middle-income economies in latin in Europe & Central Asia (IDA & IBRD countries) stood at 1.6%.

The figure is up 11.9% on the previous year and up 84.9% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in latin in Europe & Central Asia (IDA & IBRD countries) peaked at 2.9% in 1961 and was at its lowest, 0.5%, in 1967.

That places Europe & Central Asia (IDA & IBRD countries) 34th out of 47 groups with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 64 years of available data.

Merchandise exports to low- and middle-income economies in Latin in Europe & Central Asia (IDA & IBRD countries), year by year

Annual values for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in Europe & Central Asia (IDA & IBRD countries), 1960 to 2023.
Year % of total merchandise exports Change
1960 1.0%
1961 2.9% +177.4%
1962 1.5% -47.4%
1963 2.1% +38.4%
1964 1.2% -41.3%
1965 0.9% -22.5%
1966 0.7% -21.7%
1967 0.5% -37.3%
1968 1.9% +314.9%
1969 2.6% +34.6%
1970 1.6% -38.7%
1971 1.7% +7.8%
1972 1.2% -27.4%
1973 0.6% -52.0%
1974 1.0% +67.2%
1975 2.5% +146.7%
1976 2.8% +14.5%
1977 2.5% -10.1%
1978 1.7% -33.9%
1979 2.5% +47.1%
1980 1.8% -28.5%
1981 2.2% +23.0%
1982 2.4% +9.7%
1983 2.4% -0.6%
1984 2.0% -16.3%
1985 1.9% -4.9%
1986 2.5% +33.0%
1987 1.8% -26.8%
1988 1.8% -3.1%
1989 1.6% -7.7%
1990 1.2% -27.4%
1991 0.9% -24.3%
1992 0.9% -1.1%
1993 0.8% -8.1%
1994 0.8% +2.5%
1995 1.0% +22.2%
1996 0.9% -16.1%
1997 0.9% +5.7%
1998 0.9% -3.7%
1999 0.8% -9.4%
2000 0.7% -10.5%
2001 0.7% +1.8%
2002 0.6% -16.8%
2003 0.5% -15.6%
2004 0.6% +25.0%
2005 0.6% -9.8%
2006 0.6% +5.6%
2007 0.7% +10.1%
2008 0.8% +26.3%
2009 0.7% -21.1%
2010 0.8% +25.2%
2011 1.0% +17.9%
2012 0.9% -9.9%
2013 0.9% -2.5%
2014 0.9% +7.1%
2015 1.0% +5.2%
2016 0.9% -3.3%
2017 1.0% +5.5%
2018 1.0% +6.2%
2019 1.0% -5.6%
2020 1.0% -2.7%
2021 1.5% +57.8%
2022 1.4% -6.7%
2023 1.6% +11.9%

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies in Latin in Europe & Central Asia (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.

YearChange FromTo
1968 +314.9% 0.5% 1.9%
1961 +177.4% 1.0% 2.9%
1975 +146.7% 1.0% 2.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.5% 0.5% 2.9% 10
1970s 1.8% 0.6% 2.8% 10
1980s 2.0% 1.6% 2.5% 10
1990s 0.9% 0.8% 1.2% 10
2000s 0.7% 0.5% 0.8% 10
2010s 0.9% 0.8% 1.0% 10
2020s 1.4% 1.0% 1.6% 4

Countries ranked near Europe & Central Asia (IDA & IBRD countries)

  1. 31 Panama 5.7% compare
  2. 32 Jamaica 5.4% compare
  3. 33 Antigua and Barbuda 5.1% compare
  4. 34 Haiti 4.8% compare
  5. 35 Morocco 4.7% compare
  6. 36 Micronesia (country) 4.5% compare
  7. 37 Spain 4.1% compare

See the full ranking of 250 places →

More private sector data for Europe & Central Asia (IDA & IBRD countries)

All data for Europe & Central Asia (IDA & IBRD countries) →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in latin in Europe & Central Asia (IDA & IBRD countries)?
Merchandise exports to low- and middle-income economies in latin in Europe & Central Asia (IDA & IBRD countries) was 1.6% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies in latin recorded in Europe & Central Asia (IDA & IBRD countries)?
The highest recorded value was 2.9% in 1961.
What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Europe & Central Asia (IDA & IBRD countries)?
The lowest recorded value was 0.5% in 1967.
How does Europe & Central Asia (IDA & IBRD countries) rank for merchandise exports to low- and middle-income economies in latin?
Europe & Central Asia (IDA & IBRD countries) ranks 34th out of 47 groups with data for 2023.
Is merchandise exports to low- and middle-income economies in latin rising or falling in Europe & Central Asia (IDA & IBRD countries)?
Over the last ten years it is up 84.9%. The long-run trend across the full record is falling.
Where does this Europe & Central Asia (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 Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies in Latin in Europe & Central Asia (IDA & IBRD countries). Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-latin-america-and-the-caribbean/europe-and-central-asia-ida-and-ibrd-countries/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
250 places, 11,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.