Merchandise exports to low- and middle-income economies in Latin in IBRD only
IBRD only: Merchandise exports to low- and middle-income economies in Latin was 5.1% in 2023. ▼ Falling
Merchandise exports to low- and middle-income economies in Latin in IBRD only, 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 IBRD only stood at 5.1%.
That represents a change of up 3.8% on the previous year and up 6.7% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in IBRD only peaked at 7.3% in 1975 and was at its lowest, 3.6%, in 2003.
IBRD only ranks 11th of 47 groups on this measure, in the top quarter.
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 IBRD only, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 4.4% | — |
| 1961 | 3.7% | -16.0% |
| 1962 | 4.3% | +17.2% |
| 1963 | 4.3% | -1.3% |
| 1964 | 4.8% | +11.7% |
| 1965 | 5.2% | +9.2% |
| 1966 | 4.9% | -5.6% |
| 1967 | 4.5% | -9.6% |
| 1968 | 5.0% | +11.6% |
| 1969 | 5.6% | +13.2% |
| 1970 | 5.4% | -4.3% |
| 1971 | 5.4% | -0.3% |
| 1972 | 5.4% | +0.6% |
| 1973 | 5.4% | +0.6% |
| 1974 | 6.7% | +23.5% |
| 1975 | 7.3% | +8.1% |
| 1976 | 6.6% | -9.9% |
| 1977 | 6.4% | -1.7% |
| 1978 | 5.6% | -12.6% |
| 1979 | 5.8% | +3.5% |
| 1980 | 6.1% | +5.0% |
| 1981 | 6.8% | +11.0% |
| 1982 | 6.4% | -5.1% |
| 1983 | 5.4% | -15.8% |
| 1984 | 5.4% | -1.1% |
| 1985 | 5.1% | -5.5% |
| 1986 | 5.1% | +0.0% |
| 1987 | 4.5% | -11.3% |
| 1988 | 4.5% | +1.0% |
| 1989 | 4.7% | +3.9% |
| 1990 | 4.5% | -3.7% |
| 1991 | 4.4% | -3.2% |
| 1992 | 4.5% | +2.5% |
| 1993 | 4.9% | +7.9% |
| 1994 | 5.1% | +4.2% |
| 1995 | 5.0% | -1.7% |
| 1996 | 5.0% | -0.3% |
| 1997 | 5.2% | +5.6% |
| 1998 | 5.4% | +2.3% |
| 1999 | 4.3% | -20.1% |
| 2000 | 4.4% | +2.2% |
| 2001 | 4.3% | -1.5% |
| 2002 | 3.9% | -9.9% |
| 2003 | 3.6% | -8.4% |
| 2004 | 3.8% | +8.2% |
| 2005 | 3.9% | +2.3% |
| 2006 | 4.1% | +4.2% |
| 2007 | 4.3% | +4.2% |
| 2008 | 4.6% | +7.9% |
| 2009 | 4.4% | -4.5% |
| 2010 | 4.8% | +9.7% |
| 2011 | 5.0% | +3.4% |
| 2012 | 4.8% | -3.9% |
| 2013 | 4.8% | -0.5% |
| 2014 | 4.6% | -3.4% |
| 2015 | 4.6% | -0.8% |
| 2016 | 4.5% | -2.3% |
| 2017 | 4.6% | +2.9% |
| 2018 | 4.5% | -2.2% |
| 2019 | 4.4% | -1.7% |
| 2020 | 4.2% | -5.1% |
| 2021 | 4.8% | +13.7% |
| 2022 | 4.9% | +2.7% |
| 2023 | 5.1% | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.7% | 3.7% | 5.6% | 10 |
| 1970s | 6.0% | 5.4% | 7.3% | 10 |
| 1980s | 5.4% | 4.5% | 6.8% | 10 |
| 1990s | 4.8% | 4.3% | 5.4% | 10 |
| 2000s | 4.1% | 3.6% | 4.6% | 10 |
| 2010s | 4.7% | 4.4% | 5.0% | 10 |
| 2020s | 4.7% | 4.2% | 5.1% | 4 |
Countries ranked near IBRD only
More private sector data for IBRD only
- Merchandise trade 42.3% (2025)
- Food imports 8.7% (2024)
- Manufactures imports 59.5% (2024)
- Merchandise imports 8.75 trillion current US$ (2025)
- Food exports 10.4% (2024)
- Manufactures exports 73.4% (2024)
- Merchandise exports 9.47 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 1,891 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2199 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 5.68 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in IBRD only?
- Merchandise exports to low- and middle-income economies in latin in IBRD only was 5.1% 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 IBRD only?
- The highest recorded value was 7.3% in 1975.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in IBRD only?
- The lowest recorded value was 3.6% in 2003.
- How does IBRD only rank for merchandise exports to low- and middle-income economies in latin?
- IBRD only ranks 11th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in IBRD only?
- Over the last ten years it is up 6.7%. The long-run trend across the full record is falling.
- Where does this IBRD only 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.