Cuba: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Cuba's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 29.78.
That's up 10.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . Cuba ranks #65 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #7 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
- 34.14
- Trough
- 16.43
- 1-year change
- +10.8%
- 5-year change
- +30.3%
- +5.4% / yr
- 10-year change
- -4.6%
- -0.5% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 29.7773 | |
| 26.8861 | |
| 23.2479 | |
| 21.6267 | |
| 20.5235 | |
| 22.8513 | |
| 25.3185 | |
| 30.3766 | |
| 34.1393 | |
| 27.3823 |
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 Cuba's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Cuba's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 29.78, according to World Bank Open Data.
- Is Cuba's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Cuba's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 10.8% from 2022 to 2023.
- How does Cuba rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Cuba ranked #65 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Cuba'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 Cuba is above the world average. Within Latin America & Caribbean, it ranks #7 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.