What is the highest merchandise imports by the reporting economy (current us$), per unit recorded in Latin America & Caribbean (excluding high income)?

The highest recorded value was 0.2502 current US$ per US$ of GDP in 2022.

What is the lowest merchandise imports by the reporting economy (current us$), per unit recorded in Latin America & Caribbean (excluding high income)?

The lowest recorded value was 0.0743 current US$ per US$ of GDP in 1966.

How does Latin America & Caribbean (excluding high income) rank for merchandise imports by the reporting economy (current us$), per unit?

Latin America & Caribbean (excluding high income) ranks 28th out of 44 groups with data for 2023.

Is merchandise imports by the reporting economy (current us$), per unit rising or falling in Latin America & Caribbean (excluding high income)?

Over the last ten years it is up 16.8%. The long-run trend across the full record is rising.

Merchandise imports by the reporting economy (current US$), per unit in Latin America & Caribbean (excluding high income)

Name: Merchandise imports by the reporting economy (current US$), per unit in Latin America & Caribbean (excluding high income)
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Latin America & Caribbean (excluding high income): Merchandise imports by the reporting economy (current US$), per unit was 0.2092 current US$ per US$ of GDP in 2023. ▲ Rising

Latest (2023)

0.2092 current US$ per US$ of GDP

Change on year

down 16.4%

Rank

28th

of 44 groups

All-time high

0.2502 current US$ per US$ of GDP

in 2022

All-time low

0.0743 current US$ per US$ of GDP

in 1966

Years of data

1960–2023

Merchandise imports by the reporting economy (current US$), per unit in Latin America & Caribbean (excluding high income), 1960–2023

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2023, merchandise imports by the reporting economy (current us$), per unit in Latin America & Caribbean (excluding high income) stood at 0.2092 current US$ per US$ of GDP.

That represents a change of down 16.4% on the previous year and up 16.8% over ten years.

Over the whole period, merchandise imports by the reporting economy (current us$), per unit in Latin America & Caribbean (excluding high income) peaked at 0.2502 current US$ per US$ of GDP in 2022 and was at its lowest, 0.0743 current US$ per US$ of GDP, in 1966.

That places Latin America & Caribbean (excluding high income) 28th out of 44 groups with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 64 years of available data.

Merchandise imports by the reporting economy (current US$), per unit in Latin America & Caribbean (excluding high income), year by year

Annual values for Merchandise imports by the reporting economy (current US$), per unit of GDP in Latin America & Caribbean (excluding high income), 1960 to 2023.
Year	current US$ per US$ of GDP	Change
1960	0.0962 current US$ per US$ of GDP	—
1961	0.0895 current US$ per US$ of GDP	-6.9%
1962	0.0867 current US$ per US$ of GDP	-3.2%
1963	0.0783 current US$ per US$ of GDP	-9.7%
1964	0.0758 current US$ per US$ of GDP	-3.2%
1965	0.0747 current US$ per US$ of GDP	-1.5%
1966	0.0743 current US$ per US$ of GDP	-0.6%
1967	0.0772 current US$ per US$ of GDP	+4.0%
1968	0.08 current US$ per US$ of GDP	+3.6%
1969	0.0762 current US$ per US$ of GDP	-4.8%
1970	0.0804 current US$ per US$ of GDP	+5.6%
1971	0.0808 current US$ per US$ of GDP	+0.5%
1972	0.082 current US$ per US$ of GDP	+1.5%
1973	0.0817 current US$ per US$ of GDP	-0.4%
1974	0.1057 current US$ per US$ of GDP	+29.4%
1975	0.1073 current US$ per US$ of GDP	+1.5%
1976	0.0979 current US$ per US$ of GDP	-8.8%
1977	0.101 current US$ per US$ of GDP	+3.2%
1978	0.0974 current US$ per US$ of GDP	-3.6%
1979	0.109 current US$ per US$ of GDP	+11.9%
1980	0.1198 current US$ per US$ of GDP	+10.0%
1981	0.1144 current US$ per US$ of GDP	-4.5%
1982	0.0993 current US$ per US$ of GDP	-13.2%
1983	0.0827 current US$ per US$ of GDP	-16.7%
1984	0.0815 current US$ per US$ of GDP	-1.5%
1985	0.0865 current US$ per US$ of GDP	+6.2%
1986	0.0852 current US$ per US$ of GDP	-1.5%
1987	0.0891 current US$ per US$ of GDP	+4.5%
1988	0.0937 current US$ per US$ of GDP	+5.1%
1989	0.0874 current US$ per US$ of GDP	-6.7%
1990	0.0914 current US$ per US$ of GDP	+4.7%
1991	0.1134 current US$ per US$ of GDP	+24.0%
1992	0.1245 current US$ per US$ of GDP	+9.7%
1993	0.1173 current US$ per US$ of GDP	-5.7%
1994	0.116 current US$ per US$ of GDP	-1.1%
1995	0.1184 current US$ per US$ of GDP	+2.0%
1996	0.1235 current US$ per US$ of GDP	+4.3%
1997	0.1377 current US$ per US$ of GDP	+11.5%
1998	0.1455 current US$ per US$ of GDP	+5.6%
1999	0.1601 current US$ per US$ of GDP	+10.1%
2000	0.1639 current US$ per US$ of GDP	+2.4%
2001	0.1634 current US$ per US$ of GDP	-0.3%
2002	0.1708 current US$ per US$ of GDP	+4.5%
2003	0.1724 current US$ per US$ of GDP	+0.9%
2004	0.1823 current US$ per US$ of GDP	+5.7%
2005	0.1769 current US$ per US$ of GDP	-2.9%
2006	0.1801 current US$ per US$ of GDP	+1.8%
2007	0.182 current US$ per US$ of GDP	+1.1%
2008	0.1877 current US$ per US$ of GDP	+3.1%
2009	0.1517 current US$ per US$ of GDP	-19.2%
2010	0.158 current US$ per US$ of GDP	+4.2%
2011	0.1691 current US$ per US$ of GDP	+7.0%
2012	0.1749 current US$ per US$ of GDP	+3.5%
2013	0.1792 current US$ per US$ of GDP	+2.4%
2014	0.1804 current US$ per US$ of GDP	+0.7%
2015	0.1931 current US$ per US$ of GDP	+7.0%
2016	0.181 current US$ per US$ of GDP	-6.2%
2017	0.1763 current US$ per US$ of GDP	-2.6%
2018	0.2006 current US$ per US$ of GDP	+13.7%
2019	0.1967 current US$ per US$ of GDP	-1.9%
2020	0.2003 current US$ per US$ of GDP	+1.8%
2021	0.2388 current US$ per US$ of GDP	+19.3%
2022	0.2502 current US$ per US$ of GDP	+4.8%
2023	0.2092 current US$ per US$ of GDP	-16.4%

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.0809 current US$ per US$ of GDP	0.0743 current US$ per US$ of GDP	0.0962 current US$ per US$ of GDP	10
1970s	0.0943 current US$ per US$ of GDP	0.0804 current US$ per US$ of GDP	0.109 current US$ per US$ of GDP	10
1980s	0.0939 current US$ per US$ of GDP	0.0815 current US$ per US$ of GDP	0.1198 current US$ per US$ of GDP	10
1990s	0.1248 current US$ per US$ of GDP	0.0914 current US$ per US$ of GDP	0.1601 current US$ per US$ of GDP	10
2000s	0.1731 current US$ per US$ of GDP	0.1517 current US$ per US$ of GDP	0.1877 current US$ per US$ of GDP	10
2010s	0.1809 current US$ per US$ of GDP	0.158 current US$ per US$ of GDP	0.2006 current US$ per US$ of GDP	10
2020s	0.2246 current US$ per US$ of GDP	0.2003 current US$ per US$ of GDP	0.2502 current US$ per US$ of GDP	4

Countries ranked near Latin America & Caribbean (excluding high income)

25 Seychelles 0.6745 current US$ per US$ of GDP compare
26 Malaysia 0.6664 current US$ per US$ of GDP compare
27 Czechia 0.6649 current US$ per US$ of GDP compare
28 Latvia 0.6391 current US$ per US$ of GDP compare
29 Kosovo 0.6163 current US$ per US$ of GDP compare
30 Lithuania 0.602 current US$ per US$ of GDP compare
31 Tajikistan 0.5765 current US$ per US$ of GDP compare

See the full ranking of 249 places →

More private sector data for Latin America & Caribbean (excluding high income)

Merchandise trade 43.4% (2025)
Food imports 8.3% (2024)
Manufactures imports 74.3% (2024)
Merchandise imports 1.40 trillion current US$ (2025)
Food exports 19.4% (2025)
Manufactures exports 61.3% (2025)
Merchandise exports 1.37 trillion current US$ (2025)
Merchandise exports (current US$), per capita 2,178 current US$ per person (2025)
Merchandise exports (current US$), per unit of GDP 0.2093 current US$ per US$ of GDP (2025)
Merchandise exports (current US$), annual growth rate 6.06 % change on previous year (2025)

All data for Latin America & Caribbean (excluding high income) →

Frequently asked questions

What is merchandise imports by the reporting economy (current us$), per unit in Latin America & Caribbean (excluding high income)?: Merchandise imports by the reporting economy (current us$), per unit in Latin America & Caribbean (excluding high income) was 0.2092 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest merchandise imports by the reporting economy (current us$), per unit recorded in Latin America & Caribbean (excluding high income)?: The highest recorded value was 0.2502 current US$ per US$ of GDP in 2022.
What is the lowest merchandise imports by the reporting economy (current us$), per unit recorded in Latin America & Caribbean (excluding high income)?: The lowest recorded value was 0.0743 current US$ per US$ of GDP in 1966.
How does Latin America & Caribbean (excluding high income) rank for merchandise imports by the reporting economy (current us$), per unit?: Latin America & Caribbean (excluding high income) ranks 28th out of 44 groups with data for 2023.
Is merchandise imports by the reporting economy (current us$), per unit rising or falling in Latin America & Caribbean (excluding high income)?: Over the last ten years it is up 16.8%. The long-run trend across the full record is rising.
Where does this Latin America & Caribbean (excluding high income) data come from?: The figures come from Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Merchandise imports by the reporting economy (current US$), per unit in Latin America & Caribbean (excluding high income). Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-by-the-reporting-economy-current-us-per-unit-of-gdp/latin-america-and-caribbean-excluding-high-income/

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How this figure is calculated

Merchandise imports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Merchandise imports by the reporting economy (current US$) ÷ GDP (current US$)

Computed from

Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator: Merchandise imports by the reporting economy (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 249 places, 12,916 data points, 1960–2023
Last refreshed: 21 August 2026

Merchandise imports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.