{"entity":{"iso2":"XJ","iso3":"LAC","name":"Latin America & Caribbean (excluding high income)","slug":"latin-america-and-caribbean-excluding-high-income"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"merchandise-trade-percent-of-gdp","source":"World Trade Organization (WTO)","source_url":"https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS","title":"Merchandise trade (% of GDP)","unit":"% of GDP"},"observations":[{"date":"1960-01-01","value":21.2215},{"date":"1961-01-01","value":19.6493},{"date":"1962-01-01","value":19.7643},{"date":"1963-01-01","value":18.3318},{"date":"1964-01-01","value":17.6275},{"date":"1965-01-01","value":17.1962},{"date":"1966-01-01","value":16.6471},{"date":"1967-01-01","value":17.1749},{"date":"1968-01-01","value":16.9958},{"date":"1969-01-01","value":16.7856},{"date":"1970-01-01","value":18.2673},{"date":"1971-01-01","value":17.3898},{"date":"1972-01-01","value":17.439},{"date":"1973-01-01","value":18.2609},{"date":"1974-01-01","value":22.3085},{"date":"1975-01-01","value":21.7034},{"date":"1976-01-01","value":21.0749},{"date":"1977-01-01","value":22.3121},{"date":"1978-01-01","value":20.5567},{"date":"1979-01-01","value":23.4443},{"date":"1980-01-01","value":26.2098},{"date":"1981-01-01","value":24.9142},{"date":"1982-01-01","value":22.9911},{"date":"1983-01-01","value":23.7247},{"date":"1984-01-01","value":24.7483},{"date":"1985-01-01","value":24.3622},{"date":"1986-01-01","value":22.3466},{"date":"1987-01-01","value":23.1039},{"date":"1988-01-01","value":24.3707},{"date":"1989-01-01","value":23.8961},{"date":"1990-01-01","value":23.4524},{"date":"1991-01-01","value":23.0254},{"date":"1992-01-01","value":23.9243},{"date":"1993-01-01","value":21.7407},{"date":"1994-01-01","value":21.9094},{"date":"1995-01-01","value":23.6056},{"date":"1996-01-01","value":24.4196},{"date":"1997-01-01","value":25.8715},{"date":"1998-01-01","value":26.2387},{"date":"1999-01-01","value":29.8251},{"date":"2000-01-01","value":31.9523},{"date":"2001-01-01","value":31.695},{"date":"2002-01-01","value":34.687},{"date":"2003-01-01","value":36.1274},{"date":"2004-01-01","value":38.333},{"date":"2005-01-01","value":37.4929},{"date":"2006-01-01","value":37.8567},{"date":"2007-01-01","value":36.9273},{"date":"2008-01-01","value":37.654},{"date":"2009-01-01","value":30.715},{"date":"2010-01-01","value":31.7291},{"date":"2011-01-01","value":34.3004},{"date":"2012-01-01","value":34.8455},{"date":"2013-01-01","value":35.1447},{"date":"2014-01-01","value":34.8894},{"date":"2015-01-01","value":36.4273},{"date":"2016-01-01","value":35.0808},{"date":"2017-01-01","value":34.8959},{"date":"2018-01-01","value":39.5081},{"date":"2019-01-01","value":39.2006},{"date":"2020-01-01","value":40.7402},{"date":"2021-01-01","value":47.1399},{"date":"2022-01-01","value":48.9077},{"date":"2023-01-01","value":41.9068},{"date":"2024-01-01","value":42.5402},{"date":"2025-01-01","value":43.378}],"summary":{"latest_period":"2025-01-01","latest_value":43.378,"max":48.9077,"mean":27.9228,"min":16.6471,"of":47,"rank":28,"trend":"rising"}}