Merchandise exports to low- and middle-income economies in Latin in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Merchandise exports to low- and middle-income economies in Latin was 4.4% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in Latin in Heavily indebted poor countries (HIPC), 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Heavily indebted poor countries (HIPC) recorded 4.4% for merchandise exports to low- and middle-income economies in latin in 2023.
That represents a change of down 18.7% on the previous year and down 50.0% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Heavily indebted poor countries (HIPC) peaked at 9.0% in 2014 and was at its lowest, 1.1%, in 1963.
That places Heavily indebted poor countries (HIPC) 18th out of 47 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 to low- and middle-income economies in Latin in Heavily indebted poor countries (HIPC), year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 1.7% | — |
| 1961 | 1.6% | -2.9% |
| 1962 | 1.3% | -21.3% |
| 1963 | 1.1% | -13.2% |
| 1964 | 1.1% | +1.7% |
| 1965 | 1.4% | +26.0% |
| 1966 | 1.4% | +0.5% |
| 1967 | 1.8% | +24.5% |
| 1968 | 2.1% | +16.9% |
| 1969 | 2.0% | -3.3% |
| 1970 | 2.1% | +2.3% |
| 1971 | 2.6% | +26.7% |
| 1972 | 3.4% | +30.1% |
| 1973 | 3.4% | -0.7% |
| 1974 | 4.3% | +27.2% |
| 1975 | 5.2% | +20.0% |
| 1976 | 4.1% | -19.8% |
| 1977 | 3.4% | -17.2% |
| 1978 | 3.8% | +11.2% |
| 1979 | 4.1% | +7.7% |
| 1980 | 4.9% | +20.0% |
| 1981 | 5.3% | +8.0% |
| 1982 | 4.8% | -10.4% |
| 1983 | 4.7% | -0.1% |
| 1984 | 4.0% | -15.7% |
| 1985 | 4.2% | +4.2% |
| 1986 | 3.7% | -10.8% |
| 1987 | 3.2% | -12.6% |
| 1988 | 2.7% | -16.2% |
| 1989 | 3.5% | +29.1% |
| 1990 | 3.1% | -13.1% |
| 1991 | 3.4% | +11.8% |
| 1992 | 2.9% | -15.7% |
| 1993 | 4.2% | +46.3% |
| 1994 | 5.0% | +19.9% |
| 1995 | 4.6% | -9.0% |
| 1996 | 5.2% | +13.6% |
| 1997 | 4.9% | -6.9% |
| 1998 | 5.0% | +3.3% |
| 1999 | 6.0% | +20.4% |
| 2000 | 5.1% | -15.5% |
| 2001 | 5.2% | +1.3% |
| 2002 | 4.6% | -10.6% |
| 2003 | 5.2% | +13.2% |
| 2004 | 5.6% | +7.1% |
| 2005 | 5.8% | +3.6% |
| 2006 | 6.9% | +18.8% |
| 2007 | 7.2% | +4.4% |
| 2008 | 7.3% | +2.0% |
| 2009 | 6.2% | -15.2% |
| 2010 | 6.0% | -3.8% |
| 2011 | 5.7% | -4.4% |
| 2012 | 8.2% | +43.5% |
| 2013 | 8.9% | +8.1% |
| 2014 | 9.0% | +1.9% |
| 2015 | 7.2% | -20.4% |
| 2016 | 5.8% | -19.5% |
| 2017 | 5.6% | -4.0% |
| 2018 | 5.2% | -5.9% |
| 2019 | 4.5% | -13.1% |
| 2020 | 4.2% | -6.5% |
| 2021 | 4.6% | +8.2% |
| 2022 | 5.5% | +18.6% |
| 2023 | 4.4% | -18.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.6% | 1.1% | 2.1% | 10 |
| 1970s | 3.6% | 2.1% | 5.2% | 10 |
| 1980s | 4.1% | 2.7% | 5.3% | 10 |
| 1990s | 4.4% | 2.9% | 6.0% | 10 |
| 2000s | 5.9% | 4.6% | 7.3% | 10 |
| 2010s | 6.6% | 4.5% | 9.0% | 10 |
| 2020s | 4.7% | 4.2% | 5.5% | 4 |
Countries ranked near Heavily indebted poor countries (HIPC)
- 15 United States 23.4% compare
- 16 Venezuela 22.8% compare
- 17 Costa Rica 21.1% compare
- 18 Colombia 19.5% compare
- 19 Saint Lucia 18.5% compare
- 20 Trinidad and Tobago 15.5% compare
- 21 Chile 13.4% compare
More private sector data for Heavily indebted poor countries (HIPC)
- Merchandise trade 45.6% (2025)
- Food imports 14.9% (2023)
- Manufactures imports 59.9% (2023)
- Merchandise imports 306.76 billion current US$ (2025)
- Food exports 27.0% (2023)
- Manufactures exports 14.1% (2023)
- Merchandise exports 279.71 billion current US$ (2025)
- Merchandise exports (current US$), per capita 289.81 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2176 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 20.37 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Heavily indebted poor countries (HIPC)?
- Merchandise exports to low- and middle-income economies in latin in Heavily indebted poor countries (HIPC) was 4.4% 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 Heavily indebted poor countries (HIPC)?
- The highest recorded value was 9.0% in 2014.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 1.1% in 1963.
- How does Heavily indebted poor countries (HIPC) rank for merchandise exports to low- and middle-income economies in latin?
- Heavily indebted poor countries (HIPC) ranks 18th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is down 50.0%. The long-run trend across the full record is rising.
- Where does this Heavily indebted poor countries (HIPC) 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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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.