Merchandise exports to low- and middle-income economies in Latin in Finland
Finland: Merchandise exports to low- and middle-income economies in Latin was 2.1% in 2023. ▼ Falling
Merchandise exports to low- and middle-income economies in Latin in Finland, 1960–2023
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 Finland stood at 2.1%.
Compared with earlier readings it is down 25.0% on the previous year and down 5.2% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Finland peaked at 6.0% in 1960 and was at its lowest, 0.8%, in 1988.
That places Finland 64th out of 203 countries 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 Finland, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 6.0% | — |
| 1961 | 4.5% | -25.0% |
| 1962 | 3.8% | -14.7% |
| 1963 | 3.3% | -14.1% |
| 1964 | 3.1% | -4.5% |
| 1965 | 3.2% | +2.6% |
| 1966 | 3.4% | +4.7% |
| 1967 | 3.5% | +4.1% |
| 1968 | 3.3% | -5.4% |
| 1969 | 3.3% | -0.8% |
| 1970 | 2.9% | -11.0% |
| 1971 | 2.6% | -11.5% |
| 1972 | 2.3% | -11.6% |
| 1973 | 2.2% | -3.6% |
| 1974 | 2.6% | +18.9% |
| 1975 | 2.6% | -0.3% |
| 1976 | 2.1% | -21.2% |
| 1977 | 1.4% | -30.7% |
| 1978 | 2.5% | +75.1% |
| 1979 | 1.6% | -36.8% |
| 1980 | 1.8% | +15.1% |
| 1981 | 2.0% | +10.2% |
| 1982 | 1.3% | -35.7% |
| 1983 | 1.2% | -8.7% |
| 1984 | 0.8% | -29.1% |
| 1985 | 0.9% | +14.2% |
| 1986 | 0.9% | -7.3% |
| 1987 | 0.9% | +7.8% |
| 1988 | 0.8% | -13.2% |
| 1989 | 1.1% | +29.8% |
| 1990 | 1.0% | -2.6% |
| 1991 | 1.3% | +25.3% |
| 1992 | 1.0% | -23.8% |
| 1993 | 1.0% | +5.2% |
| 1994 | 1.3% | +22.1% |
| 1995 | 1.3% | +4.1% |
| 1996 | 1.2% | -10.3% |
| 1997 | 1.3% | +7.0% |
| 1998 | 1.8% | +39.4% |
| 1999 | 1.6% | -12.7% |
| 2000 | 2.0% | +28.4% |
| 2001 | 2.0% | -2.3% |
| 2002 | 1.7% | -13.2% |
| 2003 | 1.4% | -20.1% |
| 2004 | 1.7% | +24.1% |
| 2005 | 1.4% | -13.9% |
| 2006 | 1.6% | +12.4% |
| 2007 | 1.5% | -7.9% |
| 2008 | 1.8% | +23.6% |
| 2009 | 2.1% | +16.0% |
| 2010 | 2.0% | -5.4% |
| 2011 | 2.0% | -1.3% |
| 2012 | 2.6% | +28.3% |
| 2013 | 2.2% | -15.0% |
| 2014 | 2.1% | -2.5% |
| 2015 | 2.2% | +2.6% |
| 2016 | 1.9% | -12.1% |
| 2017 | 1.8% | -5.3% |
| 2018 | 1.8% | -1.3% |
| 2019 | 1.8% | -1.9% |
| 2020 | 2.1% | +17.6% |
| 2021 | 1.9% | -10.3% |
| 2022 | 2.8% | +48.6% |
| 2023 | 2.1% | -25.0% |
Finland compared with similar countries
- Finland's 2.1% is above the median for high income countries, which is 1.7%, 1.2× the median. (74 countries reporting)
- Finland's 2.1% is above the median for Europe & Central Asia, which is 0.8%, 2.6× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.7% | 3.1% | 6.0% | 10 |
| 1970s | 2.3% | 1.4% | 2.9% | 10 |
| 1980s | 1.2% | 0.8% | 2.0% | 10 |
| 1990s | 1.3% | 1.0% | 1.8% | 10 |
| 2000s | 1.7% | 1.4% | 2.1% | 10 |
| 2010s | 2.0% | 1.8% | 2.6% | 10 |
| 2020s | 2.2% | 1.9% | 2.8% | 4 |
Countries ranked near Finland
More private sector data for Finland
- Merchandise trade 53.3% (2025)
- Food imports 8.8% (2024)
- Manufactures imports 63.5% (2024)
- Merchandise imports 84.86 billion current US$ (2025)
- Food exports 3.1% (2024)
- Manufactures exports 66.7% (2024)
- Merchandise exports 84.05 billion current US$ (2025)
- Merchandise exports (current US$), per capita 14,885 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2651 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.7 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Finland?
- Merchandise exports to low- and middle-income economies in latin in Finland was 2.1% 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 Finland?
- The highest recorded value was 6.0% in 1960.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Finland?
- The lowest recorded value was 0.8% in 1988.
- How does Finland rank for merchandise exports to low- and middle-income economies in latin?
- Finland ranks 64th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Finland?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is falling.
- Where does this Finland 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.
Download this data
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About this data
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.