Merchandise exports to low- and middle-income economies in Latin in Singapore
Singapore: Merchandise exports to low- and middle-income economies in Latin was 1.1% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in Singapore, 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 Singapore is 1.1%, measured in 2023.
That represents a change of up 13.6% on the previous year and up 8.0% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Singapore peaked at 5.6% in 1962 and was at its lowest, 0.5%, in 1990.
That places Singapore 97th out of 203 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in Latin in Singapore, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 4.2% | — |
| 1962 | 5.6% | +33.0% |
| 1963 | 4.4% | -20.1% |
| 1968 | 1.1% | -75.5% |
| 1969 | 1.6% | +49.0% |
| 1970 | 1.2% | -26.7% |
| 1971 | 1.2% | +1.1% |
| 1972 | 1.0% | -13.7% |
| 1973 | 1.6% | +54.7% |
| 1974 | 1.7% | +7.3% |
| 1975 | 1.2% | -30.7% |
| 1976 | 1.5% | +24.3% |
| 1977 | 1.5% | -1.2% |
| 1978 | 1.4% | -5.2% |
| 1979 | 1.7% | +19.6% |
| 1980 | 1.1% | -33.8% |
| 1981 | 0.8% | -25.6% |
| 1982 | 0.5% | -33.0% |
| 1983 | 0.6% | +4.1% |
| 1984 | 0.7% | +15.0% |
| 1985 | 0.6% | -11.6% |
| 1986 | 0.6% | +11.3% |
| 1987 | 0.7% | +0.6% |
| 1988 | 0.6% | -2.5% |
| 1989 | 0.5% | -14.4% |
| 1990 | 0.5% | -12.2% |
| 1991 | 0.6% | +21.7% |
| 1992 | 0.7% | +24.7% |
| 1993 | 1.0% | +32.3% |
| 1994 | 0.8% | -18.2% |
| 1995 | 0.8% | -1.7% |
| 1996 | 0.9% | +21.3% |
| 1997 | 1.0% | +5.4% |
| 1998 | 1.0% | +0.2% |
| 1999 | 1.0% | +0.9% |
| 2000 | 1.0% | -1.5% |
| 2001 | 1.0% | +5.5% |
| 2002 | 1.0% | -5.7% |
| 2003 | 0.7% | -27.3% |
| 2004 | 0.8% | +9.2% |
| 2005 | 0.9% | +21.8% |
| 2006 | 1.0% | +2.8% |
| 2007 | 0.9% | -4.9% |
| 2008 | 1.1% | +20.7% |
| 2009 | 1.1% | -1.3% |
| 2010 | 0.9% | -18.5% |
| 2011 | 1.2% | +28.8% |
| 2012 | 0.8% | -30.6% |
| 2013 | 1.0% | +29.0% |
| 2014 | 0.8% | -22.0% |
| 2015 | 0.9% | +7.2% |
| 2016 | 0.8% | -3.2% |
| 2017 | 0.8% | -2.3% |
| 2018 | 0.7% | -15.1% |
| 2019 | 0.8% | +21.5% |
| 2020 | 0.8% | -0.7% |
| 2021 | 0.9% | +7.7% |
| 2022 | 1.0% | +9.0% |
| 2023 | 1.1% | +13.6% |
Singapore compared with similar countries
- Singapore's 1.1% is below the median for high income countries, which is 1.7%, 66% of the median. (74 countries reporting)
- Singapore's 1.1% is above the median for East Asia & Pacific, which is 0.9%, 1.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.4% | 1.1% | 5.6% | 5 |
| 1970s | 1.4% | 1.0% | 1.7% | 10 |
| 1980s | 0.7% | 0.5% | 1.1% | 10 |
| 1990s | 0.8% | 0.5% | 1.0% | 10 |
| 2000s | 1.0% | 0.7% | 1.1% | 10 |
| 2010s | 0.9% | 0.7% | 1.2% | 10 |
| 2020s | 1.0% | 0.8% | 1.1% | 4 |
Countries ranked near Singapore
- 94 Hungary 1.2% compare
- 95 Georgia 1.2% compare
- 96 South Africa 1.1% compare
- 98 Sint Maarten (Dutch part) 1.1% compare
- 99 Poland 1.0% compare
- 100 Faroe Islands 1.0% compare
More private sector data for Singapore
- Merchandise trade 177.6% (2025)
- Food imports 3.7% (2024)
- Manufactures imports 70.9% (2024)
- Merchandise imports 505.84 billion current US$ (2025)
- Food exports 2.8% (2024)
- Manufactures exports 74.5% (2024)
- Merchandise exports 566.87 billion current US$ (2025)
- Merchandise exports (current US$), per capita 92,760 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.9387 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 12.11 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Singapore?
- Merchandise exports to low- and middle-income economies in latin in Singapore was 1.1% 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 Singapore?
- The highest recorded value was 5.6% in 1962.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Singapore?
- The lowest recorded value was 0.5% in 1990.
- How does Singapore rank for merchandise exports to low- and middle-income economies in latin?
- Singapore ranks 97th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Singapore?
- Over the last ten years it is up 8.0%. The long-run trend across the full record is volatile.
- Where does this Singapore 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.