Merchandise imports from low- and middle-income economies in Latin in Spain
Spain: Merchandise imports from low- and middle-income economies in Latin was 4.4% in 2023. ▼ Falling
Merchandise imports from low- and middle-income economies in Latin in Spain, 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 Spain stood at 4.4%.
That represents a change of down 7.1% on the previous year and down 24.3% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Spain peaked at 11.3% in 1983 and was at its lowest, 3.0%, in 2004.
That places Spain 46th out of 206 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise imports from low- and middle-income economies in Latin in Spain, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 6.4% | — |
| 1961 | 7.4% | +15.8% |
| 1962 | 6.6% | -10.9% |
| 1963 | 7.1% | +7.6% |
| 1964 | 6.7% | -5.2% |
| 1965 | 6.8% | +1.1% |
| 1966 | 7.8% | +14.2% |
| 1967 | 7.6% | -2.6% |
| 1968 | 7.1% | -6.0% |
| 1969 | 7.3% | +2.8% |
| 1970 | 7.8% | +7.0% |
| 1971 | 8.4% | +7.5% |
| 1972 | 6.9% | -18.7% |
| 1973 | 7.3% | +6.3% |
| 1974 | 6.5% | -11.3% |
| 1975 | 7.3% | +12.7% |
| 1976 | 5.8% | -20.2% |
| 1977 | 7.9% | +35.7% |
| 1978 | 6.9% | -12.8% |
| 1979 | 7.3% | +6.4% |
| 1980 | 7.9% | +8.4% |
| 1981 | 9.6% | +20.7% |
| 1982 | 9.3% | -3.0% |
| 1983 | 11.3% | +22.1% |
| 1984 | 10.9% | -4.3% |
| 1985 | 10.5% | -3.5% |
| 1986 | 6.6% | -36.7% |
| 1987 | 5.9% | -11.1% |
| 1988 | 4.9% | -16.3% |
| 1989 | 4.5% | -9.3% |
| 1990 | 4.1% | -7.9% |
| 1991 | 5.0% | +21.0% |
| 1992 | 3.8% | -24.1% |
| 1993 | 3.9% | +3.6% |
| 1994 | 3.8% | -2.4% |
| 1995 | 3.6% | -5.6% |
| 1996 | 3.4% | -5.9% |
| 1997 | 3.3% | -2.4% |
| 1998 | 3.3% | -0.7% |
| 1999 | 3.1% | -4.4% |
| 2000 | 3.0% | -3.4% |
| 2001 | 3.1% | +0.4% |
| 2002 | 3.1% | +2.4% |
| 2003 | 3.0% | -2.5% |
| 2004 | 3.0% | -2.2% |
| 2005 | 3.3% | +10.1% |
| 2006 | 3.2% | -2.3% |
| 2007 | 3.6% | +11.7% |
| 2008 | 3.9% | +7.6% |
| 2009 | 3.5% | -8.7% |
| 2010 | 4.2% | +18.1% |
| 2011 | 5.0% | +19.7% |
| 2012 | 6.2% | +25.1% |
| 2013 | 5.8% | -6.7% |
| 2014 | 5.1% | -12.6% |
| 2015 | 4.1% | -18.7% |
| 2016 | 4.1% | -1.4% |
| 2017 | 4.6% | +12.8% |
| 2018 | 4.7% | +2.0% |
| 2019 | 3.9% | -16.2% |
| 2020 | 3.8% | -3.7% |
| 2021 | 4.1% | +9.4% |
| 2022 | 4.7% | +14.4% |
| 2023 | 4.4% | -7.1% |
Spain compared with similar countries
- Spain's 4.4% is above the median for high income countries, which is 1.5%, 2.8× the median. (74 countries reporting)
- Spain's 4.4% is above the median for Europe & Central Asia, which is 1.2%, 3.6× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.1% | 6.4% | 7.8% | 10 |
| 1970s | 7.2% | 5.8% | 8.4% | 10 |
| 1980s | 8.1% | 4.5% | 11.3% | 10 |
| 1990s | 3.7% | 3.1% | 5.0% | 10 |
| 2000s | 3.3% | 3.0% | 3.9% | 10 |
| 2010s | 4.8% | 3.9% | 6.2% | 10 |
| 2020s | 4.3% | 3.8% | 4.7% | 4 |
Countries ranked near Spain
More private sector data for Spain
- Merchandise trade 50.3% (2025)
- Food imports 12.5% (2024)
- Manufactures imports 65.3% (2024)
- Merchandise imports 513.32 billion current US$ (2025)
- Food exports 18.6% (2024)
- Manufactures exports 65.2% (2024)
- Merchandise exports 445.11 billion current US$ (2025)
- Merchandise exports (current US$), per capita 9,018 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2335 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 3.87 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Spain?
- Merchandise imports from low- and middle-income economies in latin in Spain was 4.4% 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 Spain?
- The highest recorded value was 11.3% in 1983.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Spain?
- The lowest recorded value was 3.0% in 2004.
- How does Spain rank for merchandise imports from low- and middle-income economies in latin?
- Spain ranks 46th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Spain?
- Over the last ten years it is down 24.3%. The long-run trend across the full record is falling.
- Where does this Spain 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.