Merchandise exports to low- and middle-income economies in Latin in Low & middle income
Low & middle income: Merchandise exports to low- and middle-income economies in Latin was 5.1% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in Latin in Low & middle income, 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 Low & middle income is 5.1%, measured in 2023.
The figure is up 2.3% on the previous year and up 5.8% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Low & middle income peaked at 5.9% in 1981 and was at its lowest, 2.9%, in 1961.
Low & middle income ranks 10th of 47 groups on this measure, in the top quarter.
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 Low & middle income, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 3.6% | — |
| 1961 | 2.9% | -19.4% |
| 1962 | 3.4% | +15.7% |
| 1963 | 3.3% | -3.6% |
| 1964 | 3.7% | +12.1% |
| 1965 | 4.2% | +14.5% |
| 1966 | 3.9% | -6.1% |
| 1967 | 3.6% | -7.8% |
| 1968 | 4.0% | +11.3% |
| 1969 | 4.4% | +8.7% |
| 1970 | 4.4% | -0.1% |
| 1971 | 4.2% | -4.1% |
| 1972 | 4.5% | +5.9% |
| 1973 | 4.6% | +2.4% |
| 1974 | 5.4% | +18.4% |
| 1975 | 5.9% | +8.3% |
| 1976 | 5.0% | -13.8% |
| 1977 | 4.9% | -2.1% |
| 1978 | 4.5% | -8.7% |
| 1979 | 4.5% | +0.6% |
| 1980 | 5.3% | +16.1% |
| 1981 | 5.9% | +12.5% |
| 1982 | 5.5% | -7.2% |
| 1983 | 4.7% | -14.5% |
| 1984 | 4.7% | -1.1% |
| 1985 | 4.6% | -2.0% |
| 1986 | 4.2% | -7.5% |
| 1987 | 3.8% | -10.3% |
| 1988 | 3.9% | +3.6% |
| 1989 | 4.0% | +3.2% |
| 1990 | 3.8% | -5.3% |
| 1991 | 3.8% | -0.8% |
| 1992 | 4.0% | +6.5% |
| 1993 | 4.6% | +13.5% |
| 1994 | 4.9% | +6.4% |
| 1995 | 4.8% | -1.8% |
| 1996 | 4.8% | -0.7% |
| 1997 | 5.1% | +6.8% |
| 1998 | 5.1% | +1.3% |
| 1999 | 4.1% | -20.1% |
| 2000 | 4.2% | +2.6% |
| 2001 | 4.1% | -2.9% |
| 2002 | 3.8% | -6.9% |
| 2003 | 3.4% | -10.5% |
| 2004 | 3.8% | +10.3% |
| 2005 | 3.9% | +3.4% |
| 2006 | 4.1% | +4.8% |
| 2007 | 4.3% | +4.8% |
| 2008 | 4.6% | +7.9% |
| 2009 | 4.3% | -5.9% |
| 2010 | 4.8% | +10.3% |
| 2011 | 5.0% | +4.5% |
| 2012 | 4.9% | -1.5% |
| 2013 | 4.9% | -1.3% |
| 2014 | 4.7% | -3.3% |
| 2015 | 4.6% | -2.2% |
| 2016 | 4.5% | -2.3% |
| 2017 | 4.7% | +3.9% |
| 2018 | 4.6% | -1.1% |
| 2019 | 4.5% | -2.0% |
| 2020 | 4.3% | -5.2% |
| 2021 | 4.9% | +13.8% |
| 2022 | 5.0% | +3.0% |
| 2023 | 5.1% | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.7% | 2.9% | 4.4% | 10 |
| 1970s | 4.8% | 4.2% | 5.9% | 10 |
| 1980s | 4.7% | 3.8% | 5.9% | 10 |
| 1990s | 4.5% | 3.8% | 5.1% | 10 |
| 2000s | 4.0% | 3.4% | 4.6% | 10 |
| 2010s | 4.7% | 4.5% | 5.0% | 10 |
| 2020s | 4.8% | 4.3% | 5.1% | 4 |
Countries ranked near Low & middle income
More private sector data for Low & middle income
- Merchandise trade 41.5% (2025)
- Food imports 8.8% (2024)
- Manufactures imports 58.0% (2024)
- Merchandise imports 8.33 trillion current US$ (2025)
- Food exports 10.2% (2024)
- Manufactures exports 72.6% (2024)
- Merchandise exports 8.84 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 1,301 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.213 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.48 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Low & middle income?
- Merchandise exports to low- and middle-income economies in latin in Low & middle income 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 Low & middle income?
- The highest recorded value was 5.9% in 1981.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Low & middle income?
- The lowest recorded value was 2.9% in 1961.
- How does Low & middle income rank for merchandise exports to low- and middle-income economies in latin?
- Low & middle income ranks 10th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Low & middle income?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is rising.
- Where does this Low & middle income 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.