Other small states - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Other small states was 59.24 as of 2020. Its highest value over the past 60 years was 88.00 in 1981, while its lowest value was 58.00 in 2004.

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 80.96
1961 78.01
1962 78.30
1963 79.51
1964 80.07
1965 81.88
1966 83.38
1967 82.49
1968 83.45
1969 81.91
1970 83.12
1971 85.46
1972 84.09
1973 83.87
1974 83.96
1975 83.99
1976 86.50
1977 86.94
1978 86.62
1979 86.75
1980 86.97
1981 88.00
1982 86.60
1983 86.35
1984 85.54
1985 86.04
1986 85.03
1987 85.60
1988 84.20
1989 83.38
1990 83.56
1991 82.47
1992 83.06
1993 80.69
1994 80.12
1995 80.05
1996 81.02
1997 81.12
1998 82.41
1999 81.71
2000 64.28
2001 64.82
2002 63.63
2003 62.13
2004 58.00
2005 62.41
2006 64.43
2007 66.27
2008 64.42
2009 62.21
2010 59.79
2011 64.10
2012 60.72
2013 64.98
2014 65.14
2015 62.24
2016 64.37
2017 62.79
2018 61.56
2019 60.62
2020 59.24

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