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

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 3.31 as of 12/31/2023, the highest value since 12/31/2020.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.54 percent compared to the value the year prior.
The 1 year change in percent is 1.54.
The 3 year change in percent is 13.05.
The 5 year change in percent is -4.17.
The 10 year change in percent is -29.46.

The Serie's long term average value is 2.41. It's latest available value, on 12/31/2023, is 37.32 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/1967, to it's latest available value, on 12/31/2023, is +10,154.49%.
The Serie's change in percent from it's maximum value, on 12/31/2011, to it's latest available value, on 12/31/2023, is -35.70%.