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Cabo Verde: Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)

In , Cabo Verde's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) was 0.69.

That's down 81.4% from 2022, the highest value since .

The global average for this indicator in 2023 was 6.49 . Cabo Verde ranks #100 globally out of 199 reporting countries. Within Sub-Saharan Africa, it ranks #48 of 48.

Source: World Bank Open Data (TM.VAL.MRCH.R6.ZS) • Data as of 2023

Trend (2004–2023)

Cabo Verde Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% 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
3.71
Trough
0.69
1-year change
-81.4%
5-year change
-78.3%
-26.3% / yr
10-year change
-52.7%
-7.2% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)
0.6894
3.7135
1.0424
0.7181
2.1843
3.1768
2.9726
2.2601
1.3969
0.9970

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Cabo Verde's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) in 2023?
In 2023, Cabo Verde's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) was 0.69, according to World Bank Open Data.
Is Cabo Verde's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) rising or falling?
Cabo Verde's Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) fell 81.4% from 2022 to 2023.
How does Cabo Verde rank globally on Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)?
In 2023, Cabo Verde ranked #100 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports).
How does Cabo Verde'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 Cabo Verde is below the world average. Within Sub-Saharan Africa, it ranks #48 of 48.
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.
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Source: World Bank Open Data (TM.VAL.MRCH.R6.ZS), CC BY 4.0.