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Burkina Faso: Merchandise imports from high-income economies (% of total merchandise imports)

In , Burkina Faso's Merchandise imports from high-income economies (% of total merchandise imports) was 41.70.

That's down 15.0% from 2022, the highest value since .

The global average for this indicator in 2023 was 58.25 . Burkina Faso ranks #160 globally out of 205 reporting countries. Within Sub-Saharan Africa, it ranks #26 of 48.

Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS) • Data as of 2023

Trend (2004–2023)

Burkina Faso Merchandise imports from high-income economies (% of total merchandise imports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
51.42
Trough
40.46
1-year change
-15.0%
5-year change
-14.2%
-3.0% / yr
10-year change
-18.2%
-2.0% / yr

Historical Data — Last 10 Years

Year Merchandise imports from high-income economies (% of total merchandise imports)
41.7035
49.0535
46.4349
48.9987
49.7173
48.5982
48.0142
44.3982
51.4215
47.0486

About Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies 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.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Burkina Faso's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
In 2023, Burkina Faso's Merchandise imports from high-income economies (% of total merchandise imports) was 41.70, according to World Bank Open Data.
Is Burkina Faso's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
Burkina Faso's Merchandise imports from high-income economies (% of total merchandise imports) fell 15.0% from 2022 to 2023.
How does Burkina Faso rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
In 2023, Burkina Faso ranked #160 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
How does Burkina Faso's Merchandise imports from high-income economies (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from high-income economies (% of total merchandise imports) in 2023 was 58.25, so Burkina Faso is below the world average. Within Sub-Saharan Africa, it ranks #26 of 48.
What is Merchandise imports from high-income economies (% of total merchandise imports) and how is it measured?
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies 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.
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Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS), CC BY 4.0.