Merchandise imports from low- and middle-income economies in Latin in Lower middle income
Lower middle income: Merchandise imports from low- and middle-income economies in Latin was 4.1% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in Lower middle income, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
Lower middle income recorded 4.1% for merchandise imports from low- and middle-income economies in latin in 2023.
Compared with earlier readings it is down 4.6% on the previous year and down 16.6% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Lower middle income peaked at 5.9% in 2001 and was at its lowest, 1.1%, in 1961.
Lower middle income ranks 22nd of 47 groups on this measure, 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 Lower middle income, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 1.1% | — |
| 1961 | 1.1% | -4.9% |
| 1962 | 1.4% | +30.6% |
| 1963 | 1.3% | -5.0% |
| 1964 | 1.6% | +23.3% |
| 1965 | 1.8% | +10.3% |
| 1966 | 2.0% | +9.3% |
| 1967 | 2.1% | +8.5% |
| 1968 | 2.2% | +3.4% |
| 1969 | 2.3% | +5.1% |
| 1970 | 2.3% | +0.5% |
| 1971 | 2.1% | -10.9% |
| 1972 | 2.6% | +27.9% |
| 1973 | 3.7% | +41.2% |
| 1974 | 3.8% | +2.6% |
| 1975 | 3.4% | -12.4% |
| 1976 | 3.7% | +9.3% |
| 1977 | 4.2% | +14.1% |
| 1978 | 3.7% | -12.5% |
| 1979 | 3.8% | +2.3% |
| 1980 | 3.9% | +5.2% |
| 1981 | 3.8% | -3.8% |
| 1982 | 4.1% | +7.6% |
| 1983 | 3.7% | -9.8% |
| 1984 | 4.6% | +24.1% |
| 1985 | 5.0% | +8.4% |
| 1986 | 3.5% | -29.3% |
| 1987 | 3.9% | +12.1% |
| 1988 | 4.4% | +12.3% |
| 1989 | 3.6% | -18.3% |
| 1990 | 3.5% | -3.9% |
| 1991 | 4.2% | +21.3% |
| 1992 | 4.5% | +6.8% |
| 1993 | 4.1% | -9.2% |
| 1994 | 4.3% | +6.1% |
| 1995 | 4.5% | +2.9% |
| 1996 | 4.3% | -4.1% |
| 1997 | 4.7% | +10.7% |
| 1998 | 4.8% | +2.3% |
| 1999 | 4.4% | -9.9% |
| 2000 | 5.0% | +14.7% |
| 2001 | 5.9% | +18.4% |
| 2002 | 5.4% | -9.5% |
| 2003 | 4.6% | -14.4% |
| 2004 | 5.2% | +13.7% |
| 2005 | 5.6% | +7.8% |
| 2006 | 5.4% | -3.8% |
| 2007 | 5.9% | +9.4% |
| 2008 | 5.3% | -10.1% |
| 2009 | 5.4% | +2.1% |
| 2010 | 4.4% | -18.3% |
| 2011 | 4.5% | +1.1% |
| 2012 | 5.2% | +15.2% |
| 2013 | 5.0% | -3.9% |
| 2014 | 5.2% | +4.6% |
| 2015 | 5.0% | -4.5% |
| 2016 | 4.5% | -9.8% |
| 2017 | 4.6% | +2.7% |
| 2018 | 4.0% | -13.4% |
| 2019 | 3.7% | -6.4% |
| 2020 | 4.3% | +15.2% |
| 2021 | 4.5% | +4.0% |
| 2022 | 4.3% | -2.6% |
| 2023 | 4.1% | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.7% | 1.1% | 2.3% | 10 |
| 1970s | 3.3% | 2.1% | 4.2% | 10 |
| 1980s | 4.1% | 3.5% | 5.0% | 10 |
| 1990s | 4.3% | 3.5% | 4.8% | 10 |
| 2000s | 5.4% | 4.6% | 5.9% | 10 |
| 2010s | 4.6% | 3.7% | 5.2% | 10 |
| 2020s | 4.3% | 4.1% | 4.5% | 4 |
Countries ranked near Lower middle income
More private sector data for Lower middle income
- Merchandise trade 35.7% (2025)
- Food imports 9.8% (2024)
- Manufactures imports 51.4% (2024)
- Merchandise imports 1.56 trillion current US$ (2025)
- Food exports 14.8% (2024)
- Manufactures exports 50.0% (2024)
- Merchandise exports 1.06 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 358.3 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1444 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 5.93 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Lower middle income?
- Merchandise imports from low- and middle-income economies in latin in Lower middle income was 4.1% 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 Lower middle income?
- The highest recorded value was 5.9% in 2001.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Lower middle income?
- The lowest recorded value was 1.1% in 1961.
- How does Lower middle income rank for merchandise imports from low- and middle-income economies in latin?
- Lower middle income ranks 22nd out of 47 groups with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Lower middle income?
- Over the last ten years it is down 16.6%. The long-run trend across the full record is rising.
- Where does this Lower 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.
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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.