Merchandise exports to low- and middle-income economies in in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Merchandise exports to low- and middle-income economies in was 0.7% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in in Latin America & the Caribbean (IDA & IBRD countries), 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 in Latin America & the Caribbean (IDA & IBRD countries) stood at 0.7%.
The figure is down 13.5% on the previous year and down 20.6% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in in Latin America & the Caribbean (IDA & IBRD countries) peaked at 2.3% in 1981 and was at its lowest, 0.3%, in 1960.
Latin America & the Caribbean (IDA & IBRD countries) ranks 46th of 47 groups on this measure, in the bottom 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 in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.3% | — |
| 1961 | 0.4% | +29.2% |
| 1962 | 0.5% | +14.7% |
| 1963 | 0.4% | -5.1% |
| 1964 | 0.4% | -0.4% |
| 1965 | 0.5% | +7.0% |
| 1966 | 0.4% | -23.6% |
| 1967 | 0.4% | +15.4% |
| 1968 | 0.5% | +12.2% |
| 1969 | 0.4% | -13.8% |
| 1970 | 0.5% | +18.0% |
| 1971 | 0.5% | +10.9% |
| 1972 | 0.4% | -31.8% |
| 1973 | 0.6% | +77.6% |
| 1974 | 0.8% | +17.8% |
| 1975 | 0.7% | -7.4% |
| 1976 | 0.7% | -6.4% |
| 1977 | 0.9% | +32.1% |
| 1978 | 1.3% | +53.2% |
| 1979 | 1.3% | +0.4% |
| 1980 | 1.6% | +19.0% |
| 1981 | 2.3% | +45.4% |
| 1982 | 1.7% | -27.3% |
| 1983 | 1.5% | -11.3% |
| 1984 | 1.8% | +20.6% |
| 1985 | 2.2% | +21.4% |
| 1986 | 1.1% | -51.1% |
| 1987 | 1.1% | +1.4% |
| 1988 | 1.0% | -8.7% |
| 1989 | 0.8% | -13.9% |
| 1990 | 0.8% | -1.8% |
| 1991 | 0.7% | -12.3% |
| 1992 | 1.0% | +38.4% |
| 1993 | 0.7% | -35.0% |
| 1994 | 0.8% | +17.0% |
| 1995 | 0.7% | -7.7% |
| 1996 | 0.7% | +1.7% |
| 1997 | 0.6% | -15.2% |
| 1998 | 0.6% | -7.4% |
| 1999 | 0.5% | -15.3% |
| 2000 | 0.4% | -9.9% |
| 2001 | 0.6% | +44.8% |
| 2002 | 0.7% | +12.0% |
| 2003 | 0.7% | -3.5% |
| 2004 | 0.8% | +15.6% |
| 2005 | 1.0% | +32.6% |
| 2006 | 1.1% | +8.6% |
| 2007 | 1.2% | +6.0% |
| 2008 | 1.2% | +2.7% |
| 2009 | 1.2% | -1.8% |
| 2010 | 1.0% | -19.3% |
| 2011 | 1.1% | +9.2% |
| 2012 | 1.1% | +1.7% |
| 2013 | 0.9% | -17.5% |
| 2014 | 0.8% | -7.7% |
| 2015 | 0.8% | +1.4% |
| 2016 | 0.8% | -1.9% |
| 2017 | 0.8% | -3.3% |
| 2018 | 0.7% | -11.5% |
| 2019 | 0.7% | -2.3% |
| 2020 | 0.7% | +4.2% |
| 2021 | 0.7% | +2.9% |
| 2022 | 0.8% | +11.5% |
| 2023 | 0.7% | -13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.4% | 0.3% | 0.5% | 10 |
| 1970s | 0.8% | 0.4% | 1.3% | 10 |
| 1980s | 1.5% | 0.8% | 2.3% | 10 |
| 1990s | 0.7% | 0.5% | 1.0% | 10 |
| 2000s | 0.9% | 0.4% | 1.2% | 10 |
| 2010s | 0.9% | 0.7% | 1.1% | 10 |
| 2020s | 0.7% | 0.7% | 0.8% | 4 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 43 Cape Verde 9.2% compare
- 44 Cyprus 9.0% compare
- 45 India 9.0% compare
- 46 Sierra Leone 8.5% compare
- 47 Eritrea 8.4% compare
- 48 Egypt 7.8% compare
- 49 United Arab Emirates 7.0% compare
More private sector data for Latin America & the Caribbean (IDA & IBRD countries)
- Merchandise trade 44.2% (2025)
- Food imports 9.0% (2024)
- Manufactures imports 73.2% (2024)
- Merchandise imports 1.57 trillion current US$ (2025)
- Food exports 19.7% (2025)
- Manufactures exports 56.4% (2025)
- Merchandise exports 1.55 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,373 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2193 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.04 % change on previous year (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in in Latin America & the Caribbean (IDA & IBRD countries)?
- Merchandise exports to low- and middle-income economies in in Latin America & the Caribbean (IDA & IBRD countries) was 0.7% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 2.3% in 1981.
- What is the lowest merchandise exports to low- and middle-income economies in recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 0.3% in 1960.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for merchandise exports to low- and middle-income economies in?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 46th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 20.6%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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 Sub-Saharan Africa (% 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 Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa 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.