Australia: Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)
In , Australia's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) was 0.74.
That's down 13.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 6.49 . Australia ranks #98 globally out of 199 reporting countries. Within East Asia & Pacific, it ranks #10 of 31.
Source: World Bank Open Data (TM.VAL.MRCH.R6.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
- 2.42
- Trough
- 0.70
- 1-year change
- -13.8%
- 5-year change
- -26.5%
- -6.0% / yr
- 10-year change
- -64.6%
- -9.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) |
|---|---|
| 0.7417 | |
| 0.8602 | |
| 1.1794 | |
| 1.0809 | |
| 0.8138 | |
| 1.0095 | |
| 1.0193 | |
| 0.9864 | |
| 1.1482 | |
| 2.0327 |
About Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Sub-Saharan Africa 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.R6.ZS • Category: Trade & Finance
Frequently asked questions
- What was Australia's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) in 2023?
- In 2023, Australia's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) was 0.74, according to World Bank Open Data.
- Is Australia's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) rising or falling?
- Australia's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) fell 13.8% from 2022 to 2023.
- How does Australia rank globally on Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)?
- In 2023, Australia ranked #98 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports).
- How does Australia's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) in 2023 was 6.49, so Australia is below the world average. Within East Asia & Pacific, it ranks #10 of 31.
- What is Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Sub-Saharan Africa 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.R6.ZS), CC BY 4.0.