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

In , Cuba's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 3.60.

That's up 13.5% from 2022, the highest value on record.

The global average for this indicator in 2023 was 4.32 . Cuba ranks #57 globally out of 199 reporting countries. Within Latin America & Caribbean, it ranks #1 of 36.

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

Trend (2004–2023)

Cuba 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
3.60
Trough
0.42
1-year change
+13.5%
5-year change
+371.8%
+36.4% / yr
10-year change
+75.0%
+5.8% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
3.5995
3.1716
1.2330
1.5189
0.9305
0.7629
0.8488
0.5594
1.0828
1.5838

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 Cuba's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023?
In 2023, Cuba's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 3.60, according to World Bank Open Data.
Is Cuba's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rising or falling?
Cuba's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rose 13.5% from 2022 to 2023.
How does Cuba rank globally on Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)?
In 2023, Cuba ranked #57 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports).
How does Cuba'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 Cuba is below the world average. Within Latin America & Caribbean, it ranks #1 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.