Cuba: Merchandise imports from high-income economies (% of total merchandise imports)
In , Cuba's Merchandise imports from high-income economies (% of total merchandise imports) was 52.19.
That's down 0.5% from 2022, the highest value since .
The global average for this indicator in 2023 was 58.25 . Cuba ranks #128 globally out of 205 reporting countries. Within Latin America & Caribbean, it ranks #22 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
- 54.14
- Trough
- 38.39
- 1-year change
- -0.5%
- 5-year change
- +29.2%
- +5.3% / yr
- 10-year change
- +26.4%
- +2.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from high-income economies (% of total merchandise imports) |
|---|---|
| 52.1929 | |
| 52.4389 | |
| 47.9076 | |
| 47.9577 | |
| 47.5922 | |
| 40.4044 | |
| 43.4517 | |
| 39.1361 | |
| 38.3931 | |
| 43.0183 |
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 Cuba's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
- In 2023, Cuba's Merchandise imports from high-income economies (% of total merchandise imports) was 52.19, according to World Bank Open Data.
- Is Cuba's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
- Cuba's Merchandise imports from high-income economies (% of total merchandise imports) fell 0.5% from 2022 to 2023.
- How does Cuba rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
- In 2023, Cuba ranked #128 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
- How does Cuba'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 Cuba is below the world average. Within Latin America & Caribbean, it ranks #22 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.