Merchandise imports from low- and middle-income economies in Latin in OECD members
OECD members: Merchandise imports from low- and middle-income economies in Latin was 6.2% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in OECD members, 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 OECD members is 6.2%, measured in 2023.
The figure is up 5.8% on the previous year and up 10.1% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in OECD members peaked at 7.0% in 1960 and was at its lowest, 3.7%, in 1976.
That places OECD members 8th out of 47 groups with data for 2023, putting it 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 OECD members, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 7.0% | — |
| 1961 | 6.4% | -9.2% |
| 1962 | 6.4% | +0.8% |
| 1963 | 6.4% | -0.8% |
| 1964 | 6.0% | -5.7% |
| 1965 | 5.7% | -5.3% |
| 1966 | 5.5% | -2.8% |
| 1967 | 5.2% | -6.3% |
| 1968 | 4.9% | -5.7% |
| 1969 | 4.8% | -2.9% |
| 1970 | 4.7% | -1.9% |
| 1971 | 4.2% | -10.0% |
| 1972 | 4.3% | +1.2% |
| 1973 | 4.3% | +1.0% |
| 1974 | 4.0% | -7.1% |
| 1975 | 3.9% | -3.4% |
| 1976 | 3.7% | -3.4% |
| 1977 | 4.3% | +14.9% |
| 1978 | 4.1% | -4.0% |
| 1979 | 4.2% | +2.0% |
| 1980 | 4.2% | -0.0% |
| 1981 | 4.6% | +9.5% |
| 1982 | 4.9% | +5.9% |
| 1983 | 5.2% | +6.7% |
| 1984 | 5.4% | +3.2% |
| 1985 | 5.2% | -3.0% |
| 1986 | 4.4% | -15.8% |
| 1987 | 4.1% | -6.6% |
| 1988 | 4.2% | +3.0% |
| 1989 | 4.2% | +0.5% |
| 1990 | 4.0% | -5.9% |
| 1991 | 4.0% | -0.3% |
| 1992 | 3.9% | -1.2% |
| 1993 | 4.2% | +5.8% |
| 1994 | 4.4% | +5.7% |
| 1995 | 4.4% | -0.4% |
| 1996 | 4.6% | +4.4% |
| 1997 | 4.8% | +4.7% |
| 1998 | 4.9% | +3.0% |
| 1999 | 4.9% | -0.2% |
| 2000 | 5.2% | +5.3% |
| 2001 | 5.3% | +2.4% |
| 2002 | 5.3% | +0.2% |
| 2003 | 5.0% | -6.3% |
| 2004 | 4.9% | -2.0% |
| 2005 | 4.9% | +1.4% |
| 2006 | 5.0% | +0.8% |
| 2007 | 4.8% | -3.0% |
| 2008 | 4.8% | -1.1% |
| 2009 | 5.0% | +3.7% |
| 2010 | 5.4% | +9.2% |
| 2011 | 5.5% | +2.6% |
| 2012 | 5.8% | +4.8% |
| 2013 | 5.7% | -2.8% |
| 2014 | 5.6% | -1.2% |
| 2015 | 5.8% | +3.3% |
| 2016 | 5.8% | +0.5% |
| 2017 | 5.7% | -1.6% |
| 2018 | 5.6% | -1.1% |
| 2019 | 5.9% | +3.8% |
| 2020 | 5.7% | -2.8% |
| 2021 | 5.7% | -0.6% |
| 2022 | 5.9% | +4.0% |
| 2023 | 6.2% | +5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.8% | 4.8% | 7.0% | 10 |
| 1970s | 4.2% | 3.7% | 4.7% | 10 |
| 1980s | 4.6% | 4.1% | 5.4% | 10 |
| 1990s | 4.4% | 3.9% | 4.9% | 10 |
| 2000s | 5.0% | 4.8% | 5.3% | 10 |
| 2010s | 5.7% | 5.4% | 5.9% | 10 |
| 2020s | 5.9% | 5.7% | 6.2% | 4 |
Countries ranked near OECD members
More private sector data for OECD members
- Merchandise trade 41.9% (2025)
- Food imports 9.1% (2024)
- Manufactures imports 70.6% (2024)
- Merchandise imports 15.86 trillion current US$ (2025)
- Food exports 9.5% (2024)
- Manufactures exports 69.2% (2024)
- Merchandise exports 14.51 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 10,347 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.28 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in OECD members?
- Merchandise imports from low- and middle-income economies in latin in OECD members was 6.2% 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 OECD members?
- The highest recorded value was 7.0% in 1960.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in OECD members?
- The lowest recorded value was 3.7% in 1976.
- How does OECD members rank for merchandise imports from low- and middle-income economies in latin?
- OECD members ranks 8th out of 47 groups with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in OECD members?
- Over the last ten years it is up 10.1%. The long-run trend across the full record is rising.
- Where does this OECD members 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.