Merchandise imports from low- and middle-income economies in Latin in Finland
Finland: Merchandise imports from low- and middle-income economies in Latin was 1.8% in 2023. ▼ Falling
Merchandise imports from low- and middle-income economies in Latin in Finland, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from low- and middle-income economies in latin in Finland is 1.8%, measured in 2023.
That represents a change of up 8.5% on the previous year and up 7.2% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Finland peaked at 5.9% in 1964 and was at its lowest, 1.0%, in 2018.
That places Finland 99th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise imports from low- and middle-income economies in Latin in Finland, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 3.6% | — |
| 1961 | 3.6% | -0.3% |
| 1962 | 3.2% | -10.5% |
| 1963 | 4.9% | +50.9% |
| 1964 | 5.9% | +20.9% |
| 1965 | 4.0% | -32.4% |
| 1966 | 4.2% | +5.3% |
| 1967 | 4.4% | +4.6% |
| 1968 | 4.3% | -1.7% |
| 1969 | 4.2% | -1.4% |
| 1970 | 5.0% | +17.6% |
| 1971 | 1.8% | -64.4% |
| 1972 | 3.2% | +80.4% |
| 1973 | 3.4% | +7.6% |
| 1974 | 3.2% | -8.1% |
| 1975 | 3.6% | +13.4% |
| 1976 | 4.2% | +16.8% |
| 1977 | 4.8% | +13.7% |
| 1978 | 4.4% | -6.6% |
| 1979 | 3.8% | -15.2% |
| 1980 | 3.5% | -7.3% |
| 1981 | 2.9% | -17.5% |
| 1982 | 3.0% | +3.3% |
| 1983 | 2.7% | -8.8% |
| 1984 | 3.1% | +12.9% |
| 1985 | 2.8% | -7.4% |
| 1986 | 2.8% | -0.5% |
| 1987 | 2.1% | -26.2% |
| 1988 | 2.2% | +3.5% |
| 1989 | 1.9% | -12.7% |
| 1990 | 1.6% | -13.1% |
| 1991 | 1.9% | +14.0% |
| 1992 | 1.8% | -4.4% |
| 1993 | 1.8% | -1.4% |
| 1994 | 2.1% | +20.0% |
| 1995 | 1.3% | -39.5% |
| 1996 | 1.5% | +14.4% |
| 1997 | 1.7% | +16.7% |
| 1998 | 1.7% | -1.1% |
| 1999 | 1.2% | -26.0% |
| 2000 | 1.2% | -6.4% |
| 2001 | 1.1% | -8.9% |
| 2002 | 1.1% | +2.7% |
| 2003 | 1.2% | +10.0% |
| 2004 | 1.3% | +9.1% |
| 2005 | 1.4% | +6.6% |
| 2006 | 1.8% | +25.6% |
| 2007 | 1.8% | +1.3% |
| 2008 | 1.4% | -20.1% |
| 2009 | 1.4% | -2.4% |
| 2010 | 1.6% | +16.4% |
| 2011 | 1.8% | +14.1% |
| 2012 | 1.9% | +1.5% |
| 2013 | 1.7% | -8.2% |
| 2014 | 1.5% | -12.9% |
| 2015 | 1.4% | -7.2% |
| 2016 | 1.4% | +4.0% |
| 2017 | 1.3% | -10.4% |
| 2018 | 1.0% | -22.4% |
| 2019 | 1.0% | +2.0% |
| 2020 | 1.4% | +41.5% |
| 2021 | 1.5% | +5.5% |
| 2022 | 1.7% | +11.0% |
| 2023 | 1.8% | +8.5% |
Finland compared with similar countries
- Finland's 1.8% is above the median for high income countries, which is 1.5%, 1.2× the median. (74 countries reporting)
- Finland's 1.8% is above the median for Europe & Central Asia, which is 1.2%, 1.5× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.2% | 3.2% | 5.9% | 10 |
| 1970s | 3.7% | 1.8% | 5.0% | 10 |
| 1980s | 2.7% | 1.9% | 3.5% | 10 |
| 1990s | 1.7% | 1.2% | 2.1% | 10 |
| 2000s | 1.4% | 1.1% | 1.8% | 10 |
| 2010s | 1.5% | 1.0% | 1.9% | 10 |
| 2020s | 1.6% | 1.4% | 1.8% | 4 |
Countries ranked near Finland
- 96 Sao Tome and Principe 2.0% compare
- 97 Burkina Faso 2.0% compare
- 98 Belgium 1.9% compare
- 100 Kosovo 1.8% compare
- 100 Kosovo (UNSCR 1244) 1.8% compare
- 102 Sint Maarten (Dutch part) 1.8% compare
More private sector data for Finland
- Merchandise trade 53.3% (2025)
- Food imports 8.8% (2024)
- Manufactures imports 63.5% (2024)
- Merchandise imports 84.86 billion current US$ (2025)
- Food exports 3.1% (2024)
- Manufactures exports 66.7% (2024)
- Merchandise exports 84.05 billion current US$ (2025)
- Merchandise exports (current US$), per capita 14,885 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2651 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.7 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Finland?
- Merchandise imports from low- and middle-income economies in latin in Finland was 1.8% 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 Finland?
- The highest recorded value was 5.9% in 1964.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Finland?
- The lowest recorded value was 1.0% in 2018.
- How does Finland rank for merchandise imports from low- and middle-income economies in latin?
- Finland ranks 99th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Finland?
- Over the last ten years it is up 7.2%. The long-run trend across the full record is falling.
- Where does this Finland 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.
Download this data
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About this data
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.