Merchandise imports from low- and middle-income economies in Latin in Caribbean Small States

Caribbean Small States: Merchandise imports from low- and middle-income economies in Latin was 9.8% in 2023. ◆ Volatile

Latest (2023)
9.8%
Change on year
down 1.0%
Rank
5th
of 47 groups
All-time high
18.2%
in 2013
All-time low
2.3%
in 1960
Years of data
64
1960–2023

Merchandise imports from low- and middle-income economies in Latin in Caribbean Small States, 1960–2023

05101520196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.

Analysis

In 2023, merchandise imports from low- and middle-income economies in latin in Caribbean Small States stood at 9.8%.

The figure is down 1.0% on the previous year and down 46.2% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies in latin in Caribbean Small States peaked at 18.2% in 2013 and was at its lowest, 2.3%, in 1960.

That places Caribbean Small States 5th out of 47 groups with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise imports from low- and middle-income economies in Latin in Caribbean Small States, year by year

Annual values for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in Caribbean Small States, 1960 to 2023.
Year % of total merchandise imports Change
1960 2.3%
1961 2.7% +21.0%
1962 3.6% +31.1%
1963 6.6% +84.0%
1964 6.1% -7.1%
1965 5.2% -14.9%
1966 4.2% -19.6%
1967 4.1% -2.5%
1968 2.3% -43.6%
1969 3.0% +30.1%
1970 2.9% -3.0%
1971 2.6% -10.3%
1972 4.7% +79.8%
1973 6.1% +29.4%
1974 5.6% -8.3%
1975 3.1% -43.6%
1976 3.2% +0.7%
1977 2.8% -10.9%
1978 3.1% +9.8%
1979 3.4% +9.6%
1980 4.5% +33.0%
1981 5.2% +14.4%
1982 6.5% +26.2%
1983 5.0% -22.5%
1984 11.0% +117.4%
1985 10.8% -1.9%
1986 6.2% -42.2%
1987 7.1% +14.7%
1988 7.9% +10.7%
1989 7.0% -11.1%
1990 7.7% +9.9%
1991 6.0% -22.3%
1992 5.6% -6.8%
1993 4.5% -20.0%
1994 7.2% +60.2%
1995 8.4% +17.6%
1996 7.7% -9.1%
1997 7.2% -5.5%
1998 8.1% +12.0%
1999 7.6% -6.0%
2000 8.0% +5.0%
2001 9.4% +17.5%
2002 8.3% -11.9%
2003 9.8% +18.4%
2004 10.1% +2.8%
2005 13.6% +35.1%
2006 13.7% +0.7%
2007 14.6% +6.7%
2008 15.7% +7.4%
2009 13.7% -12.8%
2010 13.8% +0.6%
2011 14.6% +6.0%
2012 15.3% +4.6%
2013 18.2% +19.2%
2014 14.4% -21.0%
2015 11.5% -20.0%
2016 9.8% -14.9%
2017 12.3% +25.3%
2018 11.4% -6.9%
2019 9.2% -19.7%
2020 10.1% +10.2%
2021 10.7% +6.1%
2022 9.9% -7.7%
2023 9.8% -1.0%

Biggest year-on-year movements

Years where Merchandise imports from low- and middle-income economies in Latin in Caribbean Small States changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1984 +117.4% 5.0% 11.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.0% 2.3% 6.6% 10
1970s 3.7% 2.6% 6.1% 10
1980s 7.1% 4.5% 11.0% 10
1990s 7.0% 4.5% 8.4% 10
2000s 11.7% 8.0% 15.7% 10
2010s 13.0% 9.2% 18.2% 10
2020s 10.1% 9.8% 10.7% 4

Countries ranked near Caribbean Small States

  1. 2 Bolivia, Plurinational State of 39.6% compare
  2. 3 Uruguay 39.3% compare
  3. 4 El Salvador 35.0% compare
  4. 5 Argentina 34.4% compare
  5. 6 Paraguay 33.5% compare
  6. 7 Honduras 33.0% compare
  7. 8 Guatemala 29.2% compare

See the full ranking of 253 places →

More private sector data for Caribbean Small States

All data for Caribbean Small States →

Frequently asked questions

What is merchandise imports from low- and middle-income economies in latin in Caribbean Small States?
Merchandise imports from low- and middle-income economies in latin in Caribbean Small States was 9.8% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from low- and middle-income economies in latin recorded in Caribbean Small States?
The highest recorded value was 18.2% in 2013.
What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Caribbean Small States?
The lowest recorded value was 2.3% in 1960.
How does Caribbean Small States rank for merchandise imports from low- and middle-income economies in latin?
Caribbean Small States ranks 5th out of 47 groups with data for 2023.
Is merchandise imports from low- and middle-income economies in latin rising or falling in Caribbean Small States?
Over the last ten years it is down 46.2%. The long-run trend across the full record is volatile.
Where does this Caribbean Small States data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from low- and middle-income economies in Latin in Caribbean Small States. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/caribbean-small-states/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,628 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.