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

Merchandise imports from high-income economies (% of total merchandise imports) in Small states was 62.16 as of 2020. Its highest value over the past 60 years was 85.29 in 1980, while its lowest value was 61.56 in 2015.

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 79.47
1961 80.00
1962 79.87
1963 79.54
1964 79.59
1965 78.89
1966 80.01
1967 78.09
1968 78.94
1969 79.28
1970 79.94
1971 76.32
1972 76.33
1973 76.22
1974 70.91
1975 72.89
1976 75.67
1977 74.48
1978 74.80
1979 76.47
1980 85.29
1981 80.79
1982 82.10
1983 77.96
1984 74.31
1985 75.52
1986 78.03
1987 81.92
1988 82.61
1989 82.99
1990 83.36
1991 82.76
1992 83.25
1993 82.33
1994 81.52
1995 80.69
1996 81.40
1997 82.07
1998 82.78
1999 82.13
2000 68.63
2001 69.29
2002 67.31
2003 66.14
2004 62.62
2005 65.40
2006 66.22
2007 67.44
2008 65.58
2009 63.48
2010 61.72
2011 64.49
2012 61.80
2013 64.23
2014 65.04
2015 61.56
2016 63.47
2017 63.74
2018 64.19
2019 63.83
2020 62.16

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