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Dominican Republic: Merchandise imports from high-income economies (% of total merchandise imports)

In , Dominican Republic's Merchandise imports from high-income economies (% of total merchandise imports) was 60.16.

That's down 1.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 58.25 . Dominican Republic ranks #100 globally out of 205 reporting countries. Within Latin America & Caribbean, it ranks #18 of 36.

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

Trend (2004–2023)

Dominican Republic Merchandise imports from high-income economies (% 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
71.42
Trough
60.16
1-year change
-1.3%
5-year change
-7.2%
-1.5% / yr
10-year change
-5.6%
-0.6% / yr

Historical Data — Last 10 Years

Year Merchandise imports from high-income economies (% of total merchandise imports)
60.1590
60.9241
64.1827
63.2417
65.2729
64.8387
65.8523
65.8298
63.8100
63.8098

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Dominican Republic's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
In 2023, Dominican Republic's Merchandise imports from high-income economies (% of total merchandise imports) was 60.16, according to World Bank Open Data.
Is Dominican Republic's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
Dominican Republic's Merchandise imports from high-income economies (% of total merchandise imports) fell 1.3% from 2022 to 2023.
How does Dominican Republic rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
In 2023, Dominican Republic ranked #100 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
How does Dominican Republic'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 Dominican Republic is above the world average. Within Latin America & Caribbean, it ranks #18 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.
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Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS), CC BY 4.0.