Colombia: Merchandise imports from high-income economies (% of total merchandise imports)
In , Colombia's Merchandise imports from high-income economies (% of total merchandise imports) was 53.47.
That's up 7.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 58.25 . Colombia ranks #121 globally out of 205 reporting countries. Within Latin America & Caribbean, it ranks #21 of 36.
Source: World Bank Open Data (TM.VAL.MRCH.HI.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
- 62.12
- Trough
- 49.17
- 1-year change
- +7.6%
- 5-year change
- +1.4%
- +0.3% / yr
- 10-year change
- -2.8%
- -0.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from high-income economies (% of total merchandise imports) |
|---|---|
| 53.4694 | |
| 49.7043 | |
| 49.1684 | |
| 50.1053 | |
| 52.1322 | |
| 52.7106 | |
| 54.5725 | |
| 54.0073 | |
| 57.7178 | |
| 56.3548 |
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.ZS • Category: Trade & Finance
Frequently asked questions
- What was Colombia's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
- In 2023, Colombia's Merchandise imports from high-income economies (% of total merchandise imports) was 53.47, according to World Bank Open Data.
- Is Colombia's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
- Colombia's Merchandise imports from high-income economies (% of total merchandise imports) rose 7.6% from 2022 to 2023.
- How does Colombia rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
- In 2023, Colombia ranked #121 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
- How does Colombia'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 Colombia is below the world average. Within Latin America & Caribbean, it ranks #21 of 36.
- 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.
Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS), CC BY 4.0.