Lower middle income - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Lower middle income was 48.06 as of 2020. Its highest value over the past 60 years was 81.36 in 1976, while its lowest value was 48.06 in 2020.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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 staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 81.09
1961 79.78
1962 78.69
1963 78.98
1964 76.85
1965 76.69
1966 77.89
1967 78.77
1968 78.20
1969 76.47
1970 76.81
1971 77.81
1972 77.01
1973 77.70
1974 76.98
1975 80.56
1976 81.36
1977 80.58
1978 80.74
1979 79.49
1980 77.08
1981 78.87
1982 79.09
1983 79.06
1984 77.35
1985 75.09
1986 76.73
1987 75.13
1988 74.94
1989 74.36
1990 74.82
1991 76.13
1992 77.34
1993 77.67
1994 71.77
1995 68.64
1996 69.56
1997 71.97
1998 70.66
1999 69.95
2000 66.75
2001 64.59
2002 63.57
2003 61.83
2004 60.40
2005 58.96
2006 60.52
2007 60.08
2008 59.60
2009 58.75
2010 58.55
2011 56.86
2012 56.05
2013 55.29
2014 53.48
2015 51.73
2016 50.29
2017 49.80
2018 50.30
2019 49.84
2020 48.06

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports