Merchandise imports from low- and middle-income economies in Latin in Low & middle income
Low & middle income: Merchandise imports from low- and middle-income economies in Latin was 6.0% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in Low & middle income, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
Low & middle income recorded 6.0% for merchandise imports from low- and middle-income economies in latin in 2023. That is the highest value across all 64 years on record.
Compared with earlier readings it is up 5.3% on the previous year and up 10.7% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Low & middle income peaked at 6.0% in 2023 and was at its lowest, 1.7%, in 1961.
That places Low & middle income 14th 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 Low & middle income, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 2.1% | — |
| 1961 | 1.7% | -18.9% |
| 1962 | 2.5% | +44.4% |
| 1963 | 2.7% | +6.9% |
| 1964 | 3.1% | +16.2% |
| 1965 | 3.7% | +20.7% |
| 1966 | 3.5% | -5.8% |
| 1967 | 3.4% | -4.5% |
| 1968 | 3.5% | +2.7% |
| 1969 | 3.7% | +6.7% |
| 1970 | 3.8% | +3.6% |
| 1971 | 3.6% | -7.0% |
| 1972 | 4.1% | +14.8% |
| 1973 | 4.4% | +7.5% |
| 1974 | 4.1% | -6.3% |
| 1975 | 4.0% | -3.9% |
| 1976 | 4.0% | +0.8% |
| 1977 | 4.3% | +7.2% |
| 1978 | 4.1% | -4.0% |
| 1979 | 4.7% | +13.2% |
| 1980 | 4.4% | -4.4% |
| 1981 | 4.4% | -1.6% |
| 1982 | 4.8% | +10.2% |
| 1983 | 4.8% | -0.6% |
| 1984 | 5.1% | +7.2% |
| 1985 | 5.2% | +0.8% |
| 1986 | 4.7% | -9.4% |
| 1987 | 4.6% | -1.3% |
| 1988 | 4.7% | +1.3% |
| 1989 | 4.8% | +2.2% |
| 1990 | 4.1% | -14.2% |
| 1991 | 4.2% | +1.7% |
| 1992 | 4.2% | +1.4% |
| 1993 | 4.2% | -1.9% |
| 1994 | 4.4% | +5.9% |
| 1995 | 4.6% | +4.2% |
| 1996 | 4.8% | +4.7% |
| 1997 | 5.1% | +5.2% |
| 1998 | 5.1% | +1.0% |
| 1999 | 4.3% | -16.0% |
| 2000 | 4.3% | +0.5% |
| 2001 | 4.7% | +8.5% |
| 2002 | 4.2% | -10.8% |
| 2003 | 4.4% | +5.6% |
| 2004 | 4.6% | +5.4% |
| 2005 | 5.0% | +6.7% |
| 2006 | 5.0% | +1.4% |
| 2007 | 5.3% | +6.3% |
| 2008 | 5.5% | +2.3% |
| 2009 | 5.5% | +0.5% |
| 2010 | 5.4% | -1.6% |
| 2011 | 5.5% | +1.4% |
| 2012 | 5.5% | +0.9% |
| 2013 | 5.4% | -2.4% |
| 2014 | 5.3% | -1.1% |
| 2015 | 5.2% | -3.3% |
| 2016 | 5.2% | -0.1% |
| 2017 | 5.3% | +2.3% |
| 2018 | 5.2% | -0.8% |
| 2019 | 5.3% | +0.6% |
| 2020 | 5.5% | +5.5% |
| 2021 | 5.7% | +2.4% |
| 2022 | 5.7% | -0.3% |
| 2023 | 6.0% | +5.3% |
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in Latin in Low & middle income 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.
| Year | Change | From | To |
|---|---|---|---|
| 1962 | +44.4% | 1.7% | 2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.0% | 1.7% | 3.7% | 10 |
| 1970s | 4.1% | 3.6% | 4.7% | 10 |
| 1980s | 4.8% | 4.4% | 5.2% | 10 |
| 1990s | 4.5% | 4.1% | 5.1% | 10 |
| 2000s | 4.8% | 4.2% | 5.5% | 10 |
| 2010s | 5.3% | 5.2% | 5.5% | 10 |
| 2020s | 5.7% | 5.5% | 6.0% | 4 |
Countries ranked near Low & middle income
More private sector data for Low & middle income
- Merchandise trade 41.5% (2025)
- Food imports 8.8% (2024)
- Manufactures imports 58.0% (2024)
- Merchandise imports 8.33 trillion current US$ (2025)
- Food exports 10.2% (2024)
- Manufactures exports 72.6% (2024)
- Merchandise exports 8.84 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 1,301 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.213 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.48 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Low & middle income?
- Merchandise imports from low- and middle-income economies in latin in Low & middle income was 6.0% 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 Low & middle income?
- The highest recorded value was 6.0% in 2023.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Low & middle income?
- The lowest recorded value was 1.7% in 1961.
- How does Low & middle income rank for merchandise imports from low- and middle-income economies in latin?
- Low & middle income ranks 14th out of 47 groups with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Low & middle income?
- Over the last ten years it is up 10.7%. The long-run trend across the full record is rising.
- Where does this Low & middle income 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
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.