Merchandise exports to low- and middle-income economies in Latin in Lower middle income
Lower middle income: Merchandise exports to low- and middle-income economies in Latin was 3.8% in 2023. ▬ Flat
Merchandise exports to low- and middle-income economies in Latin in Lower 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 Lower middle income is 3.8%, measured in 2023.
That represents a change of down 9.2% on the previous year and down 9.3% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Lower middle income peaked at 6.7% in 1980 and was at its lowest, 2.0%, in 1971.
Lower middle income ranks 23rd of 47 groups on this measure, in the middle of the range.
Merchandise exports to low- and middle-income economies in Latin in Lower middle income, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 4.4% | — |
| 1961 | 3.7% | -16.2% |
| 1962 | 3.7% | +0.9% |
| 1963 | 3.2% | -14.6% |
| 1964 | 3.3% | +3.4% |
| 1965 | 3.2% | -0.8% |
| 1966 | 3.0% | -8.5% |
| 1967 | 2.9% | -2.6% |
| 1968 | 3.1% | +9.0% |
| 1969 | 3.3% | +5.5% |
| 1970 | 3.4% | +3.5% |
| 1971 | 2.0% | -41.6% |
| 1972 | 3.1% | +54.7% |
| 1973 | 3.8% | +23.7% |
| 1974 | 4.8% | +24.6% |
| 1975 | 4.8% | +0.1% |
| 1976 | 4.4% | -7.5% |
| 1977 | 4.3% | -2.0% |
| 1978 | 3.9% | -10.0% |
| 1979 | 3.8% | -1.7% |
| 1980 | 6.7% | +73.5% |
| 1981 | 6.3% | -5.8% |
| 1982 | 5.6% | -10.5% |
| 1983 | 5.1% | -9.4% |
| 1984 | 4.9% | -4.3% |
| 1985 | 5.6% | +14.6% |
| 1986 | 4.1% | -25.7% |
| 1987 | 2.5% | -40.1% |
| 1988 | 4.0% | +60.2% |
| 1989 | 4.0% | -0.5% |
| 1990 | 4.0% | +2.4% |
| 1991 | 4.1% | +1.5% |
| 1992 | 3.1% | -24.0% |
| 1993 | 4.2% | +33.5% |
| 1994 | 6.3% | +50.1% |
| 1995 | 6.1% | -2.7% |
| 1996 | 5.0% | -17.5% |
| 1997 | 5.3% | +4.5% |
| 1998 | 5.8% | +9.5% |
| 1999 | 4.7% | -18.8% |
| 2000 | 5.2% | +11.0% |
| 2001 | 4.1% | -20.4% |
| 2002 | 4.7% | +14.2% |
| 2003 | 3.1% | -35.0% |
| 2004 | 4.2% | +37.5% |
| 2005 | 3.8% | -8.7% |
| 2006 | 4.2% | +10.1% |
| 2007 | 4.1% | -2.9% |
| 2008 | 4.4% | +6.9% |
| 2009 | 3.5% | -20.5% |
| 2010 | 3.7% | +6.6% |
| 2011 | 3.9% | +5.0% |
| 2012 | 4.3% | +11.0% |
| 2013 | 4.2% | -4.1% |
| 2014 | 4.5% | +8.3% |
| 2015 | 3.8% | -16.6% |
| 2016 | 3.4% | -10.2% |
| 2017 | 3.4% | -0.1% |
| 2018 | 3.4% | +0.1% |
| 2019 | 3.1% | -8.9% |
| 2020 | 3.2% | +3.9% |
| 2021 | 3.7% | +16.9% |
| 2022 | 4.2% | +11.6% |
| 2023 | 3.8% | -9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.4% | 2.9% | 4.4% | 10 |
| 1970s | 3.8% | 2.0% | 4.8% | 10 |
| 1980s | 4.9% | 2.5% | 6.7% | 10 |
| 1990s | 4.9% | 3.1% | 6.3% | 10 |
| 2000s | 4.1% | 3.1% | 5.2% | 10 |
| 2010s | 3.8% | 3.1% | 4.5% | 10 |
| 2020s | 3.7% | 3.2% | 4.2% | 4 |
Countries ranked near Lower middle income
- 20 Trinidad and Tobago 15.5% compare
- 21 Chile 13.4% compare
- 22 Brazil 12.5% compare
- 23 Dominican Republic 12.0% compare
- 24 Suriname 11.7% compare
- 25 San Marino 11.2% compare
- 26 Ecuador 9.5% compare
More private sector data for Lower middle income
- Merchandise trade 35.7% (2025)
- Food imports 9.8% (2024)
- Manufactures imports 51.4% (2024)
- Merchandise imports 1.56 trillion current US$ (2025)
- Food exports 14.8% (2024)
- Manufactures exports 50.0% (2024)
- Merchandise exports 1.06 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 358.3 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1444 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 5.93 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Lower middle income?
- Merchandise exports to low- and middle-income economies in latin in Lower middle income was 3.8% 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 Lower middle income?
- The highest recorded value was 6.7% in 1980.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Lower middle income?
- The lowest recorded value was 2.0% in 1971.
- How does Lower middle income rank for merchandise exports to low- and middle-income economies in latin?
- Lower middle income ranks 23rd out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Lower middle income?
- Over the last ten years it is down 9.3%. The long-run trend across the full record is flat.
- Where does this Lower 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
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.