Merchandise exports to low- and middle-income economies in Latin in Late-demographic dividend
Late-demographic dividend: Merchandise exports to low- and middle-income economies in Latin was 4.8% in 2023. ▼ Falling
Merchandise exports to low- and middle-income economies in Latin in Late-demographic dividend, 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 latin in Late-demographic dividend is 4.8%, measured in 2023.
That represents a change of up 4.7% on the previous year and up 21.7% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Late-demographic dividend peaked at 5.5% in 1975 and was at its lowest, 2.7%, in 1960.
Late-demographic dividend ranks 17th of 47 groups on this measure, 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 Late-demographic dividend, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 2.7% | — |
| 1961 | 3.1% | +14.4% |
| 1962 | 3.3% | +6.0% |
| 1963 | 3.2% | -1.1% |
| 1964 | 4.1% | +26.8% |
| 1965 | 4.9% | +20.5% |
| 1966 | 4.4% | -10.0% |
| 1967 | 3.6% | -18.6% |
| 1968 | 4.3% | +17.7% |
| 1969 | 5.0% | +17.5% |
| 1970 | 4.7% | -6.7% |
| 1971 | 5.2% | +11.4% |
| 1972 | 4.3% | -17.9% |
| 1973 | 3.7% | -13.6% |
| 1974 | 4.7% | +28.0% |
| 1975 | 5.5% | +16.8% |
| 1976 | 4.7% | -15.3% |
| 1977 | 4.8% | +3.0% |
| 1978 | 3.8% | -21.6% |
| 1979 | 4.3% | +14.4% |
| 1980 | 4.8% | +10.5% |
| 1981 | 4.5% | -4.6% |
| 1982 | 4.3% | -5.5% |
| 1983 | 3.5% | -19.5% |
| 1984 | 3.7% | +6.2% |
| 1985 | 3.2% | -13.9% |
| 1986 | 3.3% | +2.9% |
| 1987 | 3.2% | -3.0% |
| 1988 | 3.0% | -6.5% |
| 1989 | 3.0% | +1.3% |
| 1990 | 2.8% | -6.4% |
| 1991 | 3.1% | +11.9% |
| 1992 | 3.5% | +11.1% |
| 1993 | 3.7% | +7.1% |
| 1994 | 3.7% | -1.4% |
| 1995 | 3.3% | -8.8% |
| 1996 | 3.4% | +0.7% |
| 1997 | 3.7% | +10.9% |
| 1998 | 4.0% | +6.0% |
| 1999 | 3.2% | -18.5% |
| 2000 | 3.3% | +1.6% |
| 2001 | 3.3% | +0.9% |
| 2002 | 2.8% | -16.3% |
| 2003 | 2.8% | -0.1% |
| 2004 | 3.0% | +9.3% |
| 2005 | 3.1% | +1.0% |
| 2006 | 3.3% | +7.8% |
| 2007 | 3.4% | +3.8% |
| 2008 | 3.7% | +8.6% |
| 2009 | 3.5% | -5.2% |
| 2010 | 4.0% | +14.0% |
| 2011 | 4.1% | +2.7% |
| 2012 | 3.9% | -6.4% |
| 2013 | 3.9% | +2.1% |
| 2014 | 3.8% | -3.3% |
| 2015 | 4.0% | +5.5% |
| 2016 | 4.0% | -1.5% |
| 2017 | 4.2% | +5.3% |
| 2018 | 4.1% | -2.7% |
| 2019 | 4.0% | -1.3% |
| 2020 | 3.8% | -4.9% |
| 2021 | 4.5% | +17.2% |
| 2022 | 4.6% | +2.7% |
| 2023 | 4.8% | +4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.9% | 2.7% | 5.0% | 10 |
| 1970s | 4.6% | 3.7% | 5.5% | 10 |
| 1980s | 3.6% | 3.0% | 4.8% | 10 |
| 1990s | 3.4% | 2.8% | 4.0% | 10 |
| 2000s | 3.2% | 2.8% | 3.7% | 10 |
| 2010s | 4.0% | 3.8% | 4.2% | 10 |
| 2020s | 4.4% | 3.8% | 4.8% | 4 |
Countries ranked near Late-demographic dividend
- 14 Belize 24.5% compare
- 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
More private sector data for Late-demographic dividend
- Merchandise trade 43.3% (2025)
- Food imports 8.9% (2024)
- Manufactures imports 59.4% (2024)
- Merchandise imports 6.71 trillion current US$ (2025)
- Food exports 7.6% (2024)
- Manufactures exports 76.8% (2024)
- Merchandise exports 8.30 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 3,560 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2603 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.18 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Late-demographic dividend?
- Merchandise exports to low- and middle-income economies in latin in Late-demographic dividend was 4.8% 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 Late-demographic dividend?
- The highest recorded value was 5.5% in 1975.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Late-demographic dividend?
- The lowest recorded value was 2.7% in 1960.
- How does Late-demographic dividend rank for merchandise exports to low- and middle-income economies in latin?
- Late-demographic dividend ranks 17th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Late-demographic dividend?
- Over the last ten years it is up 21.7%. The long-run trend across the full record is falling.
- Where does this Late-demographic dividend 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
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.