Merchandise imports from low- and middle-income economies in Latin in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Merchandise imports from low- and middle-income economies in Latin was 7.0% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in Heavily indebted poor countries (HIPC), 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 Heavily indebted poor countries (HIPC) is 7.0%, measured in 2023.
The figure is down 3.9% on the previous year and up 3.2% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Heavily indebted poor countries (HIPC) peaked at 8.4% in 2002 and was at its lowest, 1.3%, in 1960.
Heavily indebted poor countries (HIPC) ranks 6th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise imports from low- and middle-income economies in Latin in Heavily indebted poor countries (HIPC), year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 1.3% | — |
| 1961 | 1.4% | +7.7% |
| 1962 | 1.6% | +12.9% |
| 1963 | 1.7% | +4.1% |
| 1964 | 1.7% | +0.9% |
| 1965 | 2.4% | +42.1% |
| 1966 | 2.8% | +16.6% |
| 1967 | 3.1% | +11.3% |
| 1968 | 3.4% | +11.1% |
| 1969 | 3.0% | -13.8% |
| 1970 | 3.1% | +5.7% |
| 1971 | 2.7% | -13.2% |
| 1972 | 3.0% | +11.0% |
| 1973 | 4.0% | +32.1% |
| 1974 | 4.5% | +13.8% |
| 1975 | 4.1% | -10.3% |
| 1976 | 4.7% | +14.8% |
| 1977 | 4.4% | -5.3% |
| 1978 | 4.3% | -2.9% |
| 1979 | 4.1% | -4.5% |
| 1980 | 5.0% | +20.9% |
| 1981 | 5.7% | +15.4% |
| 1982 | 5.5% | -4.1% |
| 1983 | 5.9% | +7.8% |
| 1984 | 5.5% | -7.1% |
| 1985 | 6.1% | +10.8% |
| 1986 | 3.7% | -39.0% |
| 1987 | 3.7% | +0.9% |
| 1988 | 3.7% | -0.4% |
| 1989 | 3.7% | -0.7% |
| 1990 | 3.2% | -13.9% |
| 1991 | 3.8% | +20.6% |
| 1992 | 3.9% | +2.7% |
| 1993 | 4.5% | +14.2% |
| 1994 | 5.2% | +14.8% |
| 1995 | 5.1% | -0.6% |
| 1996 | 5.5% | +6.9% |
| 1997 | 6.5% | +19.0% |
| 1998 | 5.8% | -11.2% |
| 1999 | 6.8% | +17.4% |
| 2000 | 8.1% | +19.5% |
| 2001 | 8.1% | -0.7% |
| 2002 | 8.4% | +3.3% |
| 2003 | 7.7% | -8.2% |
| 2004 | 7.7% | -0.0% |
| 2005 | 7.8% | +1.3% |
| 2006 | 8.1% | +4.3% |
| 2007 | 8.1% | -0.1% |
| 2008 | 7.5% | -7.0% |
| 2009 | 7.4% | -2.1% |
| 2010 | 7.1% | -4.3% |
| 2011 | 7.4% | +4.7% |
| 2012 | 7.7% | +4.5% |
| 2013 | 6.8% | -12.2% |
| 2014 | 6.2% | -7.8% |
| 2015 | 6.3% | +0.8% |
| 2016 | 6.8% | +8.8% |
| 2017 | 7.2% | +5.5% |
| 2018 | 6.6% | -8.7% |
| 2019 | 6.1% | -7.0% |
| 2020 | 6.3% | +2.0% |
| 2021 | 7.2% | +15.8% |
| 2022 | 7.3% | +0.4% |
| 2023 | 7.0% | -3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.2% | 1.3% | 3.4% | 10 |
| 1970s | 3.9% | 2.7% | 4.7% | 10 |
| 1980s | 4.9% | 3.7% | 6.1% | 10 |
| 1990s | 5.0% | 3.2% | 6.8% | 10 |
| 2000s | 7.9% | 7.4% | 8.4% | 10 |
| 2010s | 6.8% | 6.1% | 7.7% | 10 |
| 2020s | 6.9% | 6.3% | 7.3% | 4 |
Countries ranked near Heavily indebted poor countries (HIPC)
More private sector data for Heavily indebted poor countries (HIPC)
- Merchandise trade 45.6% (2025)
- Food imports 14.9% (2023)
- Manufactures imports 59.9% (2023)
- Merchandise imports 306.76 billion current US$ (2025)
- Food exports 27.0% (2023)
- Manufactures exports 14.1% (2023)
- Merchandise exports 279.71 billion current US$ (2025)
- Merchandise exports (current US$), per capita 289.81 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2176 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 20.37 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Heavily indebted poor countries (HIPC)?
- Merchandise imports from low- and middle-income economies in latin in Heavily indebted poor countries (HIPC) was 7.0% 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 Heavily indebted poor countries (HIPC)?
- The highest recorded value was 8.4% in 2002.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 1.3% in 1960.
- How does Heavily indebted poor countries (HIPC) rank for merchandise imports from low- and middle-income economies in latin?
- Heavily indebted poor countries (HIPC) ranks 6th out of 47 groups with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is rising.
- Where does this Heavily indebted poor countries (HIPC) 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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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.