Merchandise imports from low- and middle-income economies in Latin in Late-demographic dividend

Late-demographic dividend: Merchandise imports from low- and middle-income economies in Latin was 5.6% in 2023. ▬ Flat

Latest (2023)
5.6%
Change on year
up 5.8%
Rank
19th
of 47 groups
All-time high
6.6%
in 1965
All-time low
3.3%
in 1961
Years of data
64
1960–2023

Merchandise imports from low- and middle-income economies in Latin in Late-demographic dividend, 1960–2023

0246196019912023

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

Analysis

Late-demographic dividend recorded 5.6% for merchandise imports from low- and middle-income economies in latin in 2023.

Compared with earlier readings it is up 5.8% on the previous year and up 13.5% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies in latin in Late-demographic dividend peaked at 6.6% in 1965 and was at its lowest, 3.3%, in 1961.

That places Late-demographic dividend 19th out of 47 groups with data for 2023, putting it in the middle of the range.

Merchandise imports from low- and middle-income economies in Latin in Late-demographic dividend, year by year

Annual values for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in Late-demographic dividend, 1960 to 2023.
Year % of total merchandise imports Change
1960 4.8%
1961 3.3% -30.9%
1962 5.2% +57.4%
1963 5.7% +8.7%
1964 6.4% +11.7%
1965 6.6% +3.9%
1966 5.3% -20.1%
1967 4.7% -10.2%
1968 4.8% +1.8%
1969 4.9% +2.5%
1970 4.6% -6.5%
1971 4.4% -4.4%
1972 4.8% +8.0%
1973 4.7% -2.1%
1974 4.4% -6.7%
1975 3.5% -20.4%
1976 4.1% +18.0%
1977 4.4% +8.4%
1978 4.4% +0.1%
1979 5.0% +12.9%
1980 4.4% -12.2%
1981 4.6% +5.2%
1982 4.6% -1.7%
1983 4.3% -5.3%
1984 4.5% +3.3%
1985 4.3% -2.9%
1986 4.2% -2.1%
1987 3.9% -7.3%
1988 4.4% +12.6%
1989 4.8% +7.8%
1990 4.1% -14.6%
1991 3.7% -9.5%
1992 3.5% -4.9%
1993 3.5% -1.2%
1994 3.7% +5.8%
1995 4.0% +8.0%
1996 4.3% +9.6%
1997 4.7% +7.7%
1998 4.6% -2.5%
1999 3.8% -16.4%
2000 3.9% +3.0%
2001 4.1% +5.2%
2002 3.7% -10.5%
2003 4.0% +7.9%
2004 3.9% -1.7%
2005 4.1% +4.1%
2006 4.1% +1.1%
2007 4.3% +4.8%
2008 4.7% +7.6%
2009 4.8% +3.9%
2010 5.0% +3.2%
2011 5.2% +3.7%
2012 5.1% -1.3%
2013 4.9% -3.8%
2014 4.9% -1.2%
2015 4.7% -3.1%
2016 4.6% -3.0%
2017 4.7% +2.2%
2018 4.8% +3.7%
2019 5.1% +5.4%
2020 5.2% +1.7%
2021 5.3% +1.9%
2022 5.3% -0.3%
2023 5.6% +5.8%

Biggest year-on-year movements

Years where Merchandise imports from low- and middle-income economies in Latin in Late-demographic dividend 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
1962 +57.4% 3.3% 5.2%

Averages by decade

DecadeAverage LowestHighest Years
1960s 5.2% 3.3% 6.6% 10
1970s 4.4% 3.5% 5.0% 10
1980s 4.4% 3.9% 4.8% 10
1990s 4.0% 3.5% 4.7% 10
2000s 4.2% 3.7% 4.8% 10
2010s 4.9% 4.6% 5.2% 10
2020s 5.3% 5.2% 5.6% 4

Countries ranked near Late-demographic dividend

  1. 16 Yemen 18.7% compare
  2. 17 Costa Rica 18.4% compare
  3. 18 Colombia 17.7% compare
  4. 19 Jamaica 16.6% compare
  5. 20 Dominican Republic 16.4% compare
  6. 21 Cuba 15.5% compare
  7. 22 Haiti 14.1% compare

See the full ranking of 253 places →

More private sector data for Late-demographic dividend

All data for Late-demographic dividend →

Frequently asked questions

What is merchandise imports from low- and middle-income economies in latin in Late-demographic dividend?
Merchandise imports from low- and middle-income economies in latin in Late-demographic dividend was 5.6% 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 Late-demographic dividend?
The highest recorded value was 6.6% in 1965.
What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Late-demographic dividend?
The lowest recorded value was 3.3% in 1961.
How does Late-demographic dividend rank for merchandise imports from low- and middle-income economies in latin?
Late-demographic dividend ranks 19th out of 47 groups with data for 2023.
Is merchandise imports from low- and middle-income economies in latin rising or falling in Late-demographic dividend?
Over the last ten years it is up 13.5%. The long-run trend across the full record is flat.
Where does this Late-demographic dividend 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 Late-demographic dividend. 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/late-demographic-dividend/

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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.