Colombia: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Colombia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 28.64.
That's down 8.7% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . Colombia ranks #70 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #10 of 36.
Source: World Bank Open Data (TM.VAL.MRCH.OR.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
- 32.17
- Trough
- 10.32
- 1-year change
- -8.7%
- 5-year change
- +3.4%
- +0.7% / yr
- 10-year change
- +26.0%
- +2.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 28.6402 | |
| 31.3782 | |
| 32.1740 | |
| 30.8754 | |
| 27.7884 | |
| 27.7036 | |
| 26.3138 | |
| 26.1512 | |
| 24.7858 | |
| 24.0713 |
About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Colombia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Colombia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 28.64, according to World Bank Open Data.
- Is Colombia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Colombia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 8.7% from 2022 to 2023.
- How does Colombia rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Colombia ranked #70 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Colombia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Colombia is above the world average. Within Latin America & Caribbean, it ranks #10 of 36.
- What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZS), CC BY 4.0.