Merchandise imports from low- and middle-income economies in Latin in Small states
Small states: Merchandise imports from low- and middle-income economies in Latin was 3.0% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in Small states, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in latin in Small states stood at 3.0%.
That represents a change of up 7.0% on the previous year and down 49.6% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Small states peaked at 7.0% in 1984 and was at its lowest, 1.6%, in 1960.
That places Small states 30th 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 Small states, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 1.6% | — |
| 1961 | 2.1% | +33.4% |
| 1962 | 2.2% | +7.4% |
| 1963 | 4.1% | +80.8% |
| 1964 | 4.1% | +1.2% |
| 1965 | 3.4% | -17.4% |
| 1966 | 2.9% | -14.8% |
| 1967 | 2.8% | -4.5% |
| 1968 | 1.6% | -41.3% |
| 1969 | 2.2% | +35.9% |
| 1970 | 2.4% | +9.0% |
| 1971 | 2.1% | -12.4% |
| 1972 | 3.2% | +51.6% |
| 1973 | 3.8% | +19.9% |
| 1974 | 4.0% | +4.4% |
| 1975 | 2.4% | -39.1% |
| 1976 | 2.6% | +9.0% |
| 1977 | 2.4% | -9.3% |
| 1978 | 2.5% | +2.8% |
| 1979 | 2.6% | +4.4% |
| 1980 | 2.7% | +3.5% |
| 1981 | 3.3% | +25.4% |
| 1982 | 4.1% | +23.0% |
| 1983 | 3.5% | -14.8% |
| 1984 | 7.0% | +98.4% |
| 1985 | 6.3% | -8.8% |
| 1986 | 3.7% | -41.3% |
| 1987 | 3.7% | +0.2% |
| 1988 | 3.5% | -5.4% |
| 1989 | 3.5% | +0.2% |
| 1990 | 3.2% | -10.2% |
| 1991 | 2.7% | -14.1% |
| 1992 | 2.2% | -17.6% |
| 1993 | 2.0% | -10.8% |
| 1994 | 2.6% | +28.3% |
| 1995 | 2.9% | +13.4% |
| 1996 | 2.8% | -4.5% |
| 1997 | 2.5% | -9.3% |
| 1998 | 2.8% | +9.5% |
| 1999 | 3.0% | +7.3% |
| 2000 | 2.8% | -5.0% |
| 2001 | 3.5% | +24.5% |
| 2002 | 3.0% | -14.6% |
| 2003 | 3.3% | +10.9% |
| 2004 | 3.2% | -5.1% |
| 2005 | 4.1% | +30.1% |
| 2006 | 4.0% | -3.2% |
| 2007 | 4.1% | +3.2% |
| 2008 | 4.5% | +9.0% |
| 2009 | 4.6% | +1.8% |
| 2010 | 4.2% | -6.9% |
| 2011 | 4.2% | -0.9% |
| 2012 | 5.1% | +20.6% |
| 2013 | 5.9% | +15.5% |
| 2014 | 4.5% | -22.7% |
| 2015 | 4.0% | -11.9% |
| 2016 | 3.0% | -25.5% |
| 2017 | 3.1% | +3.4% |
| 2018 | 2.9% | -6.4% |
| 2019 | 2.4% | -16.4% |
| 2020 | 2.5% | +5.7% |
| 2021 | 2.7% | +5.6% |
| 2022 | 2.8% | +2.5% |
| 2023 | 3.0% | +7.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.7% | 1.6% | 4.1% | 10 |
| 1970s | 2.8% | 2.1% | 4.0% | 10 |
| 1980s | 4.1% | 2.7% | 7.0% | 10 |
| 1990s | 2.7% | 2.0% | 3.2% | 10 |
| 2000s | 3.7% | 2.8% | 4.6% | 10 |
| 2010s | 3.9% | 2.4% | 5.9% | 10 |
| 2020s | 2.7% | 2.5% | 3.0% | 4 |
Countries ranked near Small states
More private sector data for Small states
- Merchandise trade 70.4% (2025)
- Food imports 16.0% (2024)
- Manufactures imports 60.8% (2024)
- Merchandise imports 141.38 billion current US$ (2025)
- Food exports 19.2% (2024)
- Manufactures exports 43.9% (2024)
- Merchandise exports 100.88 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,958 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2991 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 2.68 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Small states?
- Merchandise imports from low- and middle-income economies in latin in Small states 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 Small states?
- The highest recorded value was 7.0% in 1984.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Small states?
- The lowest recorded value was 1.6% in 1960.
- How does Small states rank for merchandise imports from low- and middle-income economies in latin?
- Small states ranks 30th out of 47 groups with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Small states?
- Over the last ten years it is down 49.6%. The long-run trend across the full record is rising.
- Where does this Small states 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
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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.