Merchandise imports from low- and middle-income economies in Latin in IDA total
IDA total: Merchandise imports from low- and middle-income economies in Latin was 3.6% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in IDA total, 1960–2023
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 IDA total stood at 3.6%.
That represents a change of down 0.5% on the previous year and up 14.7% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in IDA total peaked at 3.9% in 2009 and was at its lowest, 0.5%, in 1960.
That places IDA total 25th out of 47 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 from low- and middle-income economies in Latin in IDA total, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 0.5% | — |
| 1961 | 0.6% | +22.2% |
| 1962 | 0.7% | +2.7% |
| 1963 | 0.8% | +25.5% |
| 1964 | 0.9% | +3.0% |
| 1965 | 1.2% | +38.2% |
| 1966 | 1.5% | +27.8% |
| 1967 | 1.7% | +10.8% |
| 1968 | 1.9% | +14.2% |
| 1969 | 1.6% | -15.5% |
| 1970 | 1.8% | +8.7% |
| 1971 | 1.6% | -9.3% |
| 1972 | 2.0% | +27.8% |
| 1973 | 2.5% | +24.5% |
| 1974 | 2.2% | -14.0% |
| 1975 | 2.1% | -5.1% |
| 1976 | 2.1% | -0.0% |
| 1977 | 2.0% | -2.3% |
| 1978 | 2.3% | +13.5% |
| 1979 | 2.2% | -5.1% |
| 1980 | 2.7% | +25.4% |
| 1981 | 2.6% | -6.2% |
| 1982 | 3.0% | +15.4% |
| 1983 | 2.9% | -1.8% |
| 1984 | 3.1% | +6.4% |
| 1985 | 3.6% | +15.3% |
| 1986 | 2.2% | -38.6% |
| 1987 | 1.9% | -11.8% |
| 1988 | 2.2% | +13.6% |
| 1989 | 2.2% | -0.6% |
| 1990 | 2.1% | -2.3% |
| 1991 | 2.5% | +15.6% |
| 1992 | 2.9% | +16.8% |
| 1993 | 2.5% | -12.1% |
| 1994 | 2.6% | +3.2% |
| 1995 | 2.9% | +10.4% |
| 1996 | 2.8% | -3.7% |
| 1997 | 3.0% | +6.3% |
| 1998 | 3.3% | +11.1% |
| 1999 | 3.6% | +8.5% |
| 2000 | 3.2% | -9.5% |
| 2001 | 3.4% | +6.3% |
| 2002 | 3.5% | +3.2% |
| 2003 | 3.4% | -2.6% |
| 2004 | 3.6% | +4.3% |
| 2005 | 3.5% | -1.4% |
| 2006 | 3.4% | -3.9% |
| 2007 | 3.4% | +0.1% |
| 2008 | 3.2% | -6.9% |
| 2009 | 3.9% | +22.3% |
| 2010 | 3.6% | -7.3% |
| 2011 | 3.2% | -10.7% |
| 2012 | 3.4% | +6.8% |
| 2013 | 3.1% | -7.9% |
| 2014 | 3.1% | -3.1% |
| 2015 | 3.0% | -0.4% |
| 2016 | 3.3% | +9.8% |
| 2017 | 3.4% | +1.7% |
| 2018 | 2.8% | -18.7% |
| 2019 | 2.7% | -2.2% |
| 2020 | 3.3% | +22.2% |
| 2021 | 3.5% | +4.8% |
| 2022 | 3.6% | +5.1% |
| 2023 | 3.6% | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.1% | 0.5% | 1.9% | 10 |
| 1970s | 2.1% | 1.6% | 2.5% | 10 |
| 1980s | 2.6% | 1.9% | 3.6% | 10 |
| 1990s | 2.8% | 2.1% | 3.6% | 10 |
| 2000s | 3.5% | 3.2% | 3.9% | 10 |
| 2010s | 3.2% | 2.7% | 3.6% | 10 |
| 2020s | 3.5% | 3.3% | 3.6% | 4 |
Countries ranked near IDA total
More private sector data for IDA total
- Merchandise trade 40.1% (2025)
- Food imports 14.7% (2023)
- Manufactures imports 56.9% (2023)
- Merchandise imports 720.00 billion current US$ (2025)
- Food exports 20.4% (2023)
- Manufactures exports 25.7% (2023)
- Merchandise exports 565.68 billion current US$ (2025)
- Merchandise exports (current US$), per capita 284.71 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1771 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 13.38 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in IDA total?
- Merchandise imports from low- and middle-income economies in latin in IDA total was 3.6% 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 IDA total?
- The highest recorded value was 3.9% in 2009.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in IDA total?
- The lowest recorded value was 0.5% in 1960.
- How does IDA total rank for merchandise imports from low- and middle-income economies in latin?
- IDA total ranks 25th out of 47 groups with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in IDA total?
- Over the last ten years it is up 14.7%. The long-run trend across the full record is rising.
- Where does this IDA total 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.