Dominican Republic: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Dominican Republic's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 22.86.
That's up 5.0% from 2022, the highest value on record.
The global average for this indicator in 2023 was 22.36 . Dominican Republic ranks #93 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #15 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
- 22.86
- Trough
- 3.09
- 1-year change
- +5.0%
- 5-year change
- +12.9%
- +2.4% / yr
- 10-year change
- +33.7%
- +2.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 22.8570 | |
| 21.7744 | |
| 21.6704 | |
| 22.1063 | |
| 20.1930 | |
| 20.2540 | |
| 18.8020 | |
| 16.3191 | |
| 17.5103 | |
| 17.5105 |
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 Dominican Republic's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Dominican Republic's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 22.86, according to World Bank Open Data.
- Is Dominican Republic's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Dominican Republic's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 5.0% from 2022 to 2023.
- How does Dominican Republic rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Dominican Republic ranked #93 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Dominican Republic'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 Dominican Republic is above the world average. Within Latin America & Caribbean, it ranks #15 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.