Benin: Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
In , Benin's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) was 15.17.
That's up 25.1% from 2022, the highest value since .
The global average for this indicator in 2023 was 19.71 . Benin ranks #94 globally out of 202 reporting countries. Within Sub-Saharan Africa, it ranks #24 of 48.
Source: World Bank Open Data (TM.VAL.MRCH.WR.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
- 29.10
- Trough
- 12.13
- 1-year change
- +25.1%
- 5-year change
- -11.0%
- -2.3% / yr
- 10-year change
- -16.4%
- -1.8% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) |
|---|---|
| 15.1726 | |
| 12.1317 | |
| 12.1354 | |
| 18.2372 | |
| 20.8662 | |
| 17.0406 | |
| 13.7265 | |
| 15.3206 | |
| 18.1310 | |
| 17.4041 |
About Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Indicator code: TM.VAL.MRCH.WR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Benin's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in 2023?
- In 2023, Benin's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) was 15.17, according to World Bank Open Data.
- Is Benin's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) rising or falling?
- Benin's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) rose 25.1% from 2022 to 2023.
- How does Benin rank globally on Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)?
- In 2023, Benin ranked #94 out of 202 countries reporting Merchandise imports from low- and middle-income economies within region (% of total merchandise imports).
- How does Benin's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in 2023 was 19.71, so Benin is below the world average. Within Sub-Saharan Africa, it ranks #24 of 48.
- What is Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Source: World Bank Open Data (TM.VAL.MRCH.WR.ZS), CC BY 4.0.