Belgium: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Belgium's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 14.00.
That's down 1.4% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . Belgium ranks #131 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #33 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
- 14.20
- Trough
- 9.82
- 1-year change
- -1.4%
- 5-year change
- +10.9%
- +2.1% / yr
- 10-year change
- +27.2%
- +2.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 14.0006 | |
| 14.1980 | |
| 13.1673 | |
| 13.4381 | |
| 12.8143 | |
| 12.6285 | |
| 13.1279 | |
| 13.4261 | |
| 13.1750 | |
| 12.0303 |
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 Belgium's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Belgium's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 14.00, according to World Bank Open Data.
- Is Belgium's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Belgium's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 1.4% from 2022 to 2023.
- How does Belgium rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Belgium ranked #131 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Belgium'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 Belgium is below the world average. Within Europe & Central Asia, it ranks #33 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.