Merchandise imports from low- and middle-income economies in Latin in Saudi Arabia

Saudi Arabia: Merchandise imports from low- and middle-income economies in Latin was 3.0% in 2023. ◆ Volatile

Latest (2023)
3.0%
Change on year
down 12.4%
World rank
70th
of 206 countries
All-time high
4.2%
in 2011
All-time low
0.0%
in 1971
Years of data
58
1964–2023

Merchandise imports from low- and middle-income economies in Latin in Saudi Arabia, 1964–2023

01234196419932023

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 Saudi Arabia is 3.0%, measured in 2023.

Compared with earlier readings it is down 12.4% on the previous year and down 26.5% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies in latin in Saudi Arabia peaked at 4.2% in 2011 and was at its lowest, 0.0%, in 1971.

Saudi Arabia ranks 70th of 206 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise imports from low- and middle-income economies in Latin in Saudi Arabia, year by year

Annual values for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in Saudi Arabia, 1964 to 2023.
Year % of total merchandise imports Change
1964 0.0%
1965 0.0% -19.4%
1967 0.0% -26.0%
1968 0.1% +413.4%
1970 0.0% -73.1%
1971 0.0% -56.4%
1972 0.2% +1114.0%
1973 0.1% -28.5%
1974 0.1% +22.1%
1975 0.2% +73.9%
1976 0.2% -18.2%
1977 0.3% +31.8%
1978 0.3% +27.1%
1979 0.5% +56.0%
1980 0.6% +23.4%
1981 0.6% -6.2%
1982 0.8% +32.6%
1983 1.0% +33.2%
1984 1.2% +19.0%
1985 1.6% +31.2%
1986 1.4% -11.7%
1987 1.4% -3.1%
1988 1.7% +24.8%
1989 1.4% -17.2%
1990 1.4% +2.0%
1991 1.8% +22.9%
1992 1.5% -16.3%
1993 2.3% +51.3%
1994 1.5% -32.6%
1995 2.2% +47.7%
1996 2.3% +4.2%
1997 2.7% +17.0%
1998 2.5% -10.0%
1999 2.5% -0.1%
2000 3.3% +33.1%
2001 3.2% -3.6%
2002 2.7% -15.3%
2003 2.7% +0.8%
2004 2.8% +2.2%
2005 3.5% +25.9%
2006 3.6% +3.5%
2007 3.3% -9.2%
2008 3.6% +11.8%
2009 3.5% -2.8%
2010 4.0% +13.3%
2011 4.2% +5.8%
2012 3.5% -18.7%
2013 4.2% +20.2%
2014 3.5% -16.0%
2015 3.0% -14.9%
2016 3.4% +14.5%
2017 3.2% -4.7%
2018 3.0% -7.7%
2019 3.1% +3.6%
2020 3.4% +11.1%
2021 3.0% -13.5%
2022 3.5% +17.1%
2023 3.0% -12.4%

Saudi Arabia compared with similar countries

  • Saudi Arabia's 3.0% is above the median for high income countries, which is 1.5%, 2.0× the median. (74 countries reporting)
  • Saudi Arabia's 3.0% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.0%, 1.0× the median. (23 countries reporting)

Biggest year-on-year movements

Years where Merchandise imports from low- and middle-income economies in Latin in Saudi Arabia 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
1972 +1114.0% 0.0% 0.2%
1968 +413.4% 0.0% 0.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0% 0.0% 0.1% 4
1970s 0.2% 0.0% 0.5% 10
1980s 1.2% 0.6% 1.7% 10
1990s 2.1% 1.4% 2.7% 10
2000s 3.2% 2.7% 3.6% 10
2010s 3.5% 3.0% 4.2% 10
2020s 3.2% 3.0% 3.5% 4

Countries ranked near Saudi Arabia

  1. 67 Lebanon 3.2% compare
  2. 68 Indonesia 3.2% compare
  3. 69 India 3.1% compare
  4. 71 Japan 3.0% compare
  5. 72 Uzbekistan 2.9% compare
  6. 73 Sierra Leone 2.8% compare

See the full ranking of 253 places →

More private sector data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is merchandise imports from low- and middle-income economies in latin in Saudi Arabia?
Merchandise imports from low- and middle-income economies in latin in Saudi Arabia was 3.0% 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 Saudi Arabia?
The highest recorded value was 4.2% in 2011.
What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Saudi Arabia?
The lowest recorded value was 0.0% in 1971.
How does Saudi Arabia rank for merchandise imports from low- and middle-income economies in latin?
Saudi Arabia ranks 70th out of 206 countries with data for 2023.
Is merchandise imports from low- and middle-income economies in latin rising or falling in Saudi Arabia?
Over the last ten years it is down 26.5%. The long-run trend across the full record is volatile.
Where does this Saudi Arabia 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 Saudi Arabia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 16 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/saudi-arabia/

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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.