Australia: Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
In , Australia's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) was 39.96.
That's down 1.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 20.25 . Australia ranks #15 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #13 of 36.
Source: World Bank Open Data (TM.VAL.MRCH.R1.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 40.67
- Trough
- 25.70
- 1-year change
- -1.0%
- 5-year change
- +0.6%
- +0.1% / yr
- 10-year change
- +13.7%
- +1.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) |
|---|---|
| 39.9581 | |
| 40.3652 | |
| 39.4733 | |
| 40.6654 | |
| 39.6439 | |
| 39.7207 | |
| 39.0738 | |
| 38.8609 | |
| 38.2946 | |
| 36.9672 |
About Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific region 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.R1.ZS • Category: Trade & Finance
Frequently asked questions
- What was Australia's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in 2023?
- In 2023, Australia's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) was 39.96, according to World Bank Open Data.
- Is Australia's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) rising or falling?
- Australia's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) fell 1.0% from 2022 to 2023.
- How does Australia rank globally on Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)?
- In 2023, Australia ranked #15 out of 205 countries reporting Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports).
- How does Australia's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in 2023 was 20.25, so Australia is above the world average. Within East Asia & Pacific, it ranks #13 of 36.
- What is Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific region 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 Open Data (TM.VAL.MRCH.R1.ZS), CC BY 4.0.