{"entity":{"iso2":"T2","iso3":"TLA","name":"Latin America & the Caribbean (IDA & IBRD countries)","slug":"latin-america-and-the-caribbean-ida-and-ibrd-countries"},"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":22.6769},{"date":"1961-01-01","value":21.17},{"date":"1962-01-01","value":21.0213},{"date":"1963-01-01","value":19.6975},{"date":"1964-01-01","value":19.0609},{"date":"1965-01-01","value":18.6569},{"date":"1966-01-01","value":18.2495},{"date":"1967-01-01","value":18.6902},{"date":"1968-01-01","value":18.5033},{"date":"1969-01-01","value":18.3787},{"date":"1970-01-01","value":19.0028},{"date":"1971-01-01","value":18.0245},{"date":"1972-01-01","value":18.1369},{"date":"1973-01-01","value":18.4061},{"date":"1974-01-01","value":23.3013},{"date":"1975-01-01","value":22.1893},{"date":"1976-01-01","value":21.8684},{"date":"1977-01-01","value":22.794},{"date":"1978-01-01","value":21.173},{"date":"1979-01-01","value":24.2889},{"date":"1980-01-01","value":26.8383},{"date":"1981-01-01","value":25.3832},{"date":"1982-01-01","value":23.4083},{"date":"1983-01-01","value":23.7076},{"date":"1984-01-01","value":24.6182},{"date":"1985-01-01","value":24.1953},{"date":"1986-01-01","value":22.0667},{"date":"1987-01-01","value":23.3587},{"date":"1988-01-01","value":24.8015},{"date":"1989-01-01","value":24.6443},{"date":"1990-01-01","value":24.6008},{"date":"1991-01-01","value":24.3666},{"date":"1992-01-01","value":25.3391},{"date":"1993-01-01","value":23.1733},{"date":"1994-01-01","value":23.2636},{"date":"1995-01-01","value":25.1113},{"date":"1996-01-01","value":25.8925},{"date":"1997-01-01","value":27.2602},{"date":"1998-01-01","value":27.6017},{"date":"1999-01-01","value":31.1402},{"date":"2000-01-01","value":33.2525},{"date":"2001-01-01","value":32.9934},{"date":"2002-01-01","value":36.1267},{"date":"2003-01-01","value":37.803},{"date":"2004-01-01","value":40.1326},{"date":"2005-01-01","value":39.8797},{"date":"2006-01-01","value":40.4303},{"date":"2007-01-01","value":39.515},{"date":"2008-01-01","value":40.1954},{"date":"2009-01-01","value":32.9025},{"date":"2010-01-01","value":33.7868},{"date":"2011-01-01","value":36.4566},{"date":"2012-01-01","value":36.9732},{"date":"2013-01-01","value":37.1513},{"date":"2014-01-01","value":36.7907},{"date":"2015-01-01","value":37.9848},{"date":"2016-01-01","value":36.5507},{"date":"2017-01-01","value":36.3261},{"date":"2018-01-01","value":40.8569},{"date":"2019-01-01","value":40.4759},{"date":"2020-01-01","value":42.1943},{"date":"2021-01-01","value":47.9928},{"date":"2022-01-01","value":50.0922},{"date":"2023-01-01","value":42.9246},{"date":"2024-01-01","value":43.4465},{"date":"2025-01-01","value":44.1877}],"summary":{"latest_period":"2025-01-01","latest_value":44.1877,"max":50.0922,"mean":29.1437,"min":18.0245,"of":47,"rank":25,"trend":"rising"}}