Ecuador: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Ecuador's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 26.48.
That's down 3.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . Ecuador ranks #78 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #12 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
- 29.08
- Trough
- 8.45
- 1-year change
- -3.2%
- 5-year change
- +9.2%
- +1.8% / yr
- 10-year change
- +54.2%
- +4.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 26.4821 | |
| 27.3663 | |
| 29.0753 | |
| 27.8993 | |
| 25.5078 | |
| 24.2557 | |
| 24.3233 | |
| 23.9702 | |
| 24.3865 | |
| 16.9492 |
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 Ecuador's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Ecuador's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 26.48, according to World Bank Open Data.
- Is Ecuador's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Ecuador's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 3.2% from 2022 to 2023.
- How does Ecuador rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Ecuador ranked #78 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Ecuador'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 Ecuador is above the world average. Within Latin America & Caribbean, it ranks #12 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.