Merchandise exports to low- and middle-income economies within region in Late-demographic dividend
Late-demographic dividend: Merchandise exports to low- and middle-income economies within region was 15.2% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies within region 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 within region in Late-demographic dividend is 15.2%, measured in 2023. That is the highest value across all 64 years on record.
Compared with earlier readings it is up 2.1% on the previous year and up 19.9% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies within region in Late-demographic dividend peaked at 15.2% in 2023 and was at its lowest, 4.5%, in 1962.
Late-demographic dividend ranks 23rd of 46 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise exports to low- and middle-income economies within region in Late-demographic dividend, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 4.7% | — |
| 1961 | 5.2% | +10.6% |
| 1962 | 4.5% | -13.5% |
| 1963 | 4.8% | +6.7% |
| 1964 | 6.1% | +26.4% |
| 1965 | 6.5% | +6.9% |
| 1966 | 6.9% | +6.3% |
| 1967 | 7.2% | +3.1% |
| 1968 | 7.6% | +5.4% |
| 1969 | 8.0% | +6.3% |
| 1970 | 6.4% | -20.2% |
| 1971 | 7.9% | +23.3% |
| 1972 | 6.6% | -16.8% |
| 1973 | 5.6% | -14.2% |
| 1974 | 5.4% | -4.1% |
| 1975 | 6.5% | +19.8% |
| 1976 | 4.9% | -24.2% |
| 1977 | 5.4% | +9.4% |
| 1978 | 5.3% | -1.9% |
| 1979 | 5.9% | +12.6% |
| 1980 | 6.5% | +9.1% |
| 1981 | 6.8% | +5.3% |
| 1982 | 6.5% | -4.5% |
| 1983 | 5.4% | -16.3% |
| 1984 | 5.7% | +4.2% |
| 1985 | 5.5% | -3.7% |
| 1986 | 5.8% | +6.3% |
| 1987 | 5.8% | -0.8% |
| 1988 | 5.7% | -1.4% |
| 1989 | 6.1% | +6.6% |
| 1990 | 6.2% | +1.8% |
| 1991 | 6.5% | +6.1% |
| 1992 | 7.3% | +10.9% |
| 1993 | 7.6% | +4.5% |
| 1994 | 10.3% | +35.2% |
| 1995 | 10.1% | -1.5% |
| 1996 | 10.2% | +0.5% |
| 1997 | 10.5% | +3.5% |
| 1998 | 9.9% | -5.6% |
| 1999 | 8.8% | -11.4% |
| 2000 | 9.5% | +7.6% |
| 2001 | 9.1% | -4.2% |
| 2002 | 9.6% | +5.4% |
| 2003 | 10.0% | +4.6% |
| 2004 | 9.9% | -0.5% |
| 2005 | 10.3% | +4.0% |
| 2006 | 10.2% | -1.3% |
| 2007 | 11.1% | +8.5% |
| 2008 | 11.6% | +4.6% |
| 2009 | 11.0% | -5.0% |
| 2010 | 11.5% | +4.6% |
| 2011 | 11.7% | +1.4% |
| 2012 | 12.7% | +8.5% |
| 2013 | 12.7% | +0.1% |
| 2014 | 12.4% | -2.1% |
| 2015 | 12.7% | +2.8% |
| 2016 | 13.0% | +2.3% |
| 2017 | 13.6% | +4.6% |
| 2018 | 13.5% | -1.1% |
| 2019 | 14.2% | +5.2% |
| 2020 | 14.3% | +0.7% |
| 2021 | 14.4% | +0.4% |
| 2022 | 14.9% | +3.6% |
| 2023 | 15.2% | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.2% | 4.5% | 8.0% | 10 |
| 1970s | 6.0% | 4.9% | 7.9% | 10 |
| 1980s | 6.0% | 5.4% | 6.8% | 10 |
| 1990s | 8.7% | 6.2% | 10.5% | 10 |
| 2000s | 10.2% | 9.1% | 11.6% | 10 |
| 2010s | 12.8% | 11.5% | 14.2% | 10 |
| 2020s | 14.7% | 14.3% | 15.2% | 4 |
Countries ranked near Late-demographic dividend
- 20 Solomon Islands 54.2% compare
- 21 New Caledonia 52.1% compare
- 22 Myanmar 51.9% compare
- 23 Aruba 51.8% compare
- 24 Montenegro 51.6% compare
- 25 Vanuatu 49.0% compare
- 26 Togo 48.9% 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 within region in Late-demographic dividend?
- Merchandise exports to low- and middle-income economies within region in Late-demographic dividend was 15.2% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies within region recorded in Late-demographic dividend?
- The highest recorded value was 15.2% in 2023.
- What is the lowest merchandise exports to low- and middle-income economies within region recorded in Late-demographic dividend?
- The lowest recorded value was 4.5% in 1962.
- How does Late-demographic dividend rank for merchandise exports to low- and middle-income economies within region?
- Late-demographic dividend ranks 23rd out of 46 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies within region rising or falling in Late-demographic dividend?
- Over the last ten years it is up 19.9%. The long-run trend across the full record is rising.
- 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 within region (% 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 within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.