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

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 0.4421 as of 12/31/2023, the lowest value since 12/31/2018.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -54.90 percent compared to the value the year prior.
The 1 year change in percent is -54.90.
The 3 year change in percent is -3.14.
The 5 year change in percent is -68.88.
The 10 year change in percent is -58.82.

The Serie's long term average value is 0.83. It's latest available value, on 12/31/2023, is 46.73 percent lower, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/1973, to it's latest available value, on 12/31/2023, is +43,061.86%.
The Serie's change in percent from it's maximum value, on 12/31/2009, to it's latest available value, on 12/31/2023, is -88.52%.