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 1.76 as of 12/31/2023, the highest value since 12/31/2015.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 3.72 percent compared to the value the year prior.
The 1 year change in percent is 3.72.
The 3 year change in percent is 12.44.
The 5 year change in percent is 10.33.
The 10 year change in percent is -9.98.
| Measure | Realization |
| Indicator Name: | Merchandise exports to low and middle income economies in Latin America & the Caribbean (% of total merchandise exports) |
| Indicator Source: | World Bank staff estimates based data from International Monetary Fund's Direction of Trade database. | macro-rankings.com |
| Indicator Description: | 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. |
| Observations Date: | 12/31/1960 |