Ecuador: Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
In , Ecuador's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 21.54.
That's up 2.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 5.08 . Ecuador ranks #14 globally out of 199 reporting countries. Within Latin America & Caribbean, it ranks #14 of 36.
Source: World Bank Open Data (TM.VAL.MRCH.R3.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
- 31.64
- Trough
- 20.96
- 1-year change
- +2.8%
- 5-year change
- -6.7%
- -1.4% / yr
- 10-year change
- -2.4%
- -0.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) |
|---|---|
| 21.5447 | |
| 20.9586 | |
| 21.4860 | |
| 23.0037 | |
| 22.4761 | |
| 23.0801 | |
| 24.5392 | |
| 23.3563 | |
| 21.0173 | |
| 21.3454 |
About Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS • Category: Trade & Finance
Frequently asked questions
- What was Ecuador's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023?
- In 2023, Ecuador's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 21.54, according to World Bank Open Data.
- Is Ecuador's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rising or falling?
- Ecuador's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rose 2.8% from 2022 to 2023.
- How does Ecuador rank globally on Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)?
- In 2023, Ecuador ranked #14 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports).
- How does Ecuador's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023 was 5.08, so Ecuador is above the world average. Within Latin America & Caribbean, it ranks #14 of 36.
- What is Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean 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.
Source: World Bank Open Data (TM.VAL.MRCH.R3.ZS), CC BY 4.0.