Barbados: Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
In , Barbados's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 29.62.
That's down 6.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.94 . Barbados ranks #10 globally out of 192 reporting countries. Within Latin America & Caribbean, it ranks #10 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.R3.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 34.40
- Trough
- 17.84
- 1-year change
- -6.6%
- 5-year change
- +14.3%
- +2.7% / yr
- 10-year change
- +22.7%
- +2.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) |
|---|---|
| 29.6203 | |
| 31.7060 | |
| 29.0802 | |
| 34.3969 | |
| 28.3010 | |
| 25.9173 | |
| 22.7966 | |
| 19.3124 | |
| 18.9672 | |
| 24.0086 |
About Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
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.
Indicator code: TX.VAL.MRCH.R3.ZS • Category: Trade & Finance
Frequently asked questions
- What was Barbados's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
- In 2023, Barbados's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 29.62, according to World Bank Open Data.
- Is Barbados's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
- Barbados's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) fell 6.6% from 2022 to 2023.
- How does Barbados rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
- In 2023, Barbados ranked #10 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
- How does Barbados's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023 was 4.94, so Barbados is above the world average. Within Latin America & Caribbean, it ranks #10 of 36.
- What is Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) and how is it measured?
- 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.
Source: World Bank Open Data (TX.VAL.MRCH.R3.ZS), CC BY 4.0.