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

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 3.35 as of 12/31/2023, the lowest value since 12/31/2006.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -10.24 percent compared to the value the year prior.
The 1 year change in percent is -10.24.
The 3 year change in percent is -3.62.
The 5 year change in percent is -18.85.
The 10 year change in percent is -41.16.

The Serie's long term average value is 5.13. It's latest available value, on 12/31/2023, is 34.70 percent lower, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/1960, to it's latest available value, on 12/31/2023, is +53.06%.
The Serie's change in percent from it's maximum value, on 12/31/1975, to it's latest available value, on 12/31/2023, is -71.79%.