Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) for Madagascar

Indicator Definition:
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

The indicator "Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)" stands at 0.5876 as of 12/31/2023, the highest value since 12/31/2013.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 160.29 percent compared to the value the year prior.
The 1 year change in percent is 160.29.
The 3 year change in percent is 205.41.
The 5 year change in percent is 131.90.
The 10 year change in percent is 220.71.

The Serie's long term average value is 0.197. It's latest available value, on 12/31/2023, is 197.53 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/1986, to it's latest available value, on 12/31/2023, is +8,498.23%.
The Serie's change in percent from it's maximum value, on 12/31/1977, to it's latest available value, on 12/31/2023, is -75.06%.