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Colombia: Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)

In , Colombia's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 0.50.

That's down 36.9% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.32 . Colombia ranks #155 globally out of 199 reporting countries. Within Latin America & Caribbean, it ranks #23 of 36.

Source: World Bank Open Data (TM.VAL.MRCH.R2.ZS) • Data as of 2023

Trend (2004–2023)

Colombia Merchandise imports from low- and middle-income economies in Europe & Central Asia (% 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
1.35
Trough
0.31
1-year change
-36.9%
5-year change
-46.7%
-11.8% / yr
10-year change
+16.5%
+1.5% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
0.4969
0.7879
1.3493
0.7971
0.8213
0.9320
0.7233
0.7151
0.5528
0.4460

About Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia 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.R2.ZSCategory: Trade & Finance

Frequently asked questions

What was Colombia's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023?
In 2023, Colombia's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 0.50, according to World Bank Open Data.
Is Colombia's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rising or falling?
Colombia's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) fell 36.9% from 2022 to 2023.
How does Colombia rank globally on Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)?
In 2023, Colombia ranked #155 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports).
How does Colombia's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023 was 4.32, so Colombia is below the world average. Within Latin America & Caribbean, it ranks #23 of 36.
What is Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia 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.R2.ZS), CC BY 4.0.