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

The highest recorded value was 0.2575 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 & the Caribbean (IDA & IBRD countries)?

The lowest recorded value was 0.0851 current US$ per US$ of GDP in 1966.

How does Latin America & the Caribbean (IDA & IBRD countries) rank for merchandise imports by the reporting economy (current us$), per unit?

Latin America & the Caribbean (IDA & IBRD countries) ranks 26th 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 & the Caribbean (IDA & IBRD countries)?

Over the last ten years it is up 14.8%. The long-run trend across the full record is rising.

Merchandise imports by the reporting economy (current US$), per unit in Latin America & the Caribbean (IDA & IBRD countries)

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

Latin America & the Caribbean (IDA & IBRD countries): Merchandise imports by the reporting economy (current US$), per unit was 0.215 current US$ per US$ of GDP in 2023. ▲ Rising

Latest (2023)

0.215 current US$ per US$ of GDP

Change on year

down 16.5%

Rank

26th

of 44 groups

All-time high

0.2575 current US$ per US$ of GDP

in 2022

All-time low

0.0851 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 & the Caribbean (IDA & IBRD countries), 1960–2023

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

Analysis

Latin America & the Caribbean (IDA & IBRD countries) recorded 0.215 current US$ per US$ of GDP for merchandise imports by the reporting economy (current us$), per unit in 2023.

That represents a change of down 16.5% on the previous year and up 14.8% over ten years.

Over the whole period, merchandise imports by the reporting economy (current us$), per unit in Latin America & the Caribbean (IDA & IBRD countries) peaked at 0.2575 current US$ per US$ of GDP in 2022 and was at its lowest, 0.0851 current US$ per US$ of GDP, in 1966.

Latin America & the Caribbean (IDA & IBRD countries) ranks 26th of 44 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 imports by the reporting economy (current US$), per unit in Latin America & the Caribbean (IDA & IBRD countries), year by year

Annual values for Merchandise imports by the reporting economy (current US$), per unit of GDP in Latin America & the Caribbean (IDA & IBRD countries), 1960 to 2023.
Year	current US$ per US$ of GDP	Change
1960	0.1068 current US$ per US$ of GDP	—
1961	0.1007 current US$ per US$ of GDP	-5.8%
1962	0.0955 current US$ per US$ of GDP	-5.1%
1963	0.0888 current US$ per US$ of GDP	-7.0%
1964	0.0863 current US$ per US$ of GDP	-2.8%
1965	0.0853 current US$ per US$ of GDP	-1.2%
1966	0.0851 current US$ per US$ of GDP	-0.2%
1967	0.0875 current US$ per US$ of GDP	+2.8%
1968	0.0897 current US$ per US$ of GDP	+2.5%
1969	0.086 current US$ per US$ of GDP	-4.2%
1970	0.0908 current US$ per US$ of GDP	+5.6%
1971	0.0902 current US$ per US$ of GDP	-0.7%
1972	0.0912 current US$ per US$ of GDP	+1.1%
1973	0.0887 current US$ per US$ of GDP	-2.7%
1974	0.1177 current US$ per US$ of GDP	+32.7%
1975	0.1202 current US$ per US$ of GDP	+2.1%
1976	0.1106 current US$ per US$ of GDP	-8.0%
1977	0.1132 current US$ per US$ of GDP	+2.3%
1978	0.1093 current US$ per US$ of GDP	-3.4%
1979	0.1216 current US$ per US$ of GDP	+11.2%
1980	0.1313 current US$ per US$ of GDP	+8.0%
1981	0.1225 current US$ per US$ of GDP	-6.7%
1982	0.1075 current US$ per US$ of GDP	-12.3%
1983	0.09 current US$ per US$ of GDP	-16.3%
1984	0.088 current US$ per US$ of GDP	-2.2%
1985	0.0913 current US$ per US$ of GDP	+3.7%
1986	0.0905 current US$ per US$ of GDP	-0.8%
1987	0.0963 current US$ per US$ of GDP	+6.3%
1988	0.0995 current US$ per US$ of GDP	+3.3%
1989	0.0948 current US$ per US$ of GDP	-4.7%
1990	0.0987 current US$ per US$ of GDP	+4.1%
1991	0.1195 current US$ per US$ of GDP	+21.0%
1992	0.132 current US$ per US$ of GDP	+10.5%
1993	0.1244 current US$ per US$ of GDP	-5.8%
1994	0.1221 current US$ per US$ of GDP	-1.8%
1995	0.1251 current US$ per US$ of GDP	+2.5%
1996	0.1303 current US$ per US$ of GDP	+4.1%
1997	0.1441 current US$ per US$ of GDP	+10.6%
1998	0.1512 current US$ per US$ of GDP	+4.9%
1999	0.1645 current US$ per US$ of GDP	+8.8%
2000	0.1681 current US$ per US$ of GDP	+2.2%
2001	0.1679 current US$ per US$ of GDP	-0.1%
2002	0.1761 current US$ per US$ of GDP	+4.8%
2003	0.1801 current US$ per US$ of GDP	+2.3%
2004	0.1895 current US$ per US$ of GDP	+5.2%
2005	0.1845 current US$ per US$ of GDP	-2.6%
2006	0.187 current US$ per US$ of GDP	+1.3%
2007	0.1896 current US$ per US$ of GDP	+1.4%
2008	0.1976 current US$ per US$ of GDP	+4.2%
2009	0.159 current US$ per US$ of GDP	-19.5%
2010	0.1652 current US$ per US$ of GDP	+3.9%
2011	0.1774 current US$ per US$ of GDP	+7.3%
2012	0.1838 current US$ per US$ of GDP	+3.6%
2013	0.1872 current US$ per US$ of GDP	+1.9%
2014	0.1877 current US$ per US$ of GDP	+0.3%
2015	0.1983 current US$ per US$ of GDP	+5.6%
2016	0.1861 current US$ per US$ of GDP	-6.1%
2017	0.1812 current US$ per US$ of GDP	-2.6%
2018	0.2045 current US$ per US$ of GDP	+12.8%
2019	0.2009 current US$ per US$ of GDP	-1.7%
2020	0.2041 current US$ per US$ of GDP	+1.6%
2021	0.2446 current US$ per US$ of GDP	+19.8%
2022	0.2575 current US$ per US$ of GDP	+5.3%
2023	0.215 current US$ per US$ of GDP	-16.5%

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.0912 current US$ per US$ of GDP	0.0851 current US$ per US$ of GDP	0.1068 current US$ per US$ of GDP	10
1970s	0.1054 current US$ per US$ of GDP	0.0887 current US$ per US$ of GDP	0.1216 current US$ per US$ of GDP	10
1980s	0.1012 current US$ per US$ of GDP	0.088 current US$ per US$ of GDP	0.1313 current US$ per US$ of GDP	10
1990s	0.1312 current US$ per US$ of GDP	0.0987 current US$ per US$ of GDP	0.1645 current US$ per US$ of GDP	10
2000s	0.1799 current US$ per US$ of GDP	0.159 current US$ per US$ of GDP	0.1976 current US$ per US$ of GDP	10
2010s	0.1872 current US$ per US$ of GDP	0.1652 current US$ per US$ of GDP	0.2045 current US$ per US$ of GDP	10
2020s	0.2303 current US$ per US$ of GDP	0.2041 current US$ per US$ of GDP	0.2575 current US$ per US$ of GDP	4

Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)

23 Cape Verde 0.6947 current US$ per US$ of GDP compare
24 Kiribati 0.6791 current US$ per US$ of GDP compare
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

See the full ranking of 249 places →

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 imports by the reporting economy (current us$), per unit in Latin America & the Caribbean (IDA & IBRD countries)?: Merchandise imports by the reporting economy (current us$), per unit in Latin America & the Caribbean (IDA & IBRD countries) was 0.215 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest merchandise imports by the reporting economy (current us$), per unit recorded in Latin America & the Caribbean (IDA & IBRD countries)?: The highest recorded value was 0.2575 current US$ per US$ of GDP in 2022.
What is the lowest merchandise imports by the reporting economy (current us$), per unit recorded in Latin America & the Caribbean (IDA & IBRD countries)?: The lowest recorded value was 0.0851 current US$ per US$ of GDP in 1966.
How does Latin America & the Caribbean (IDA & IBRD countries) rank for merchandise imports by the reporting economy (current us$), per unit?: Latin America & the Caribbean (IDA & IBRD countries) ranks 26th out of 44 groups with data for 2023.
Is merchandise imports by the reporting economy (current us$), per unit rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?: Over the last ten years it is up 14.8%. 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 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 & the Caribbean (IDA & IBRD countries). Statizoid, drawing on Statizoid (derived). Retrieved 16 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-by-the-reporting-economy-current-us-per-unit-of-gdp/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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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.