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Albania: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

In , Albania's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 20.62.

That's up 41.3% from 2022, the highest value on record.

The global average for this indicator in 2023 was 22.36 . Albania ranks #101 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #17 of 53.

Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS) • Data as of 2023

Trend (2004–2023)

Albania Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
20.62
Trough
7.82
1-year change
+41.3%
5-year change
+41.6%
+7.2% / yr
10-year change
+59.7%
+4.8% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
20.6215
14.5963
14.8038
14.9010
14.8149
14.5664
13.7360
14.2182
13.9383
12.2955

About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.

Indicator code: TM.VAL.MRCH.OR.ZSCategory: Trade & Finance

Frequently asked questions

What was Albania's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
In 2023, Albania's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 20.62, according to World Bank Open Data.
Is Albania's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
Albania's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 41.3% from 2022 to 2023.
How does Albania rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
In 2023, Albania ranked #101 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
How does Albania's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Albania is below the world average. Within Europe & Central Asia, it ranks #17 of 53.
What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.
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Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS), CC BY 4.0.