Azerbaijan: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Azerbaijan's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 26.54.
That's up 5.7% from 2022, the highest value on record.
The global average for this indicator in 2023 was 22.36 . Azerbaijan ranks #77 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #9 of 53.
Source: World Bank Open Data (TM.VAL.MRCH.OR.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
- 26.54
- Trough
- 9.91
- 1-year change
- +5.7%
- 5-year change
- +23.7%
- +4.3% / yr
- 10-year change
- +100.6%
- +7.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 26.5390 | |
| 25.1045 | |
| 25.5856 | |
| 22.3751 | |
| 19.6677 | |
| 21.4511 | |
| 19.3500 | |
| 17.0841 | |
| 12.1878 | |
| 13.7391 |
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.ZS • Category: Trade & Finance
Frequently asked questions
- What was Azerbaijan's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Azerbaijan's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 26.54, according to World Bank Open Data.
- Is Azerbaijan's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Azerbaijan's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 5.7% from 2022 to 2023.
- How does Azerbaijan rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Azerbaijan ranked #77 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Azerbaijan'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 Azerbaijan is above the world average. Within Europe & Central Asia, it ranks #9 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.
Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS), CC BY 4.0.