Eritrea: Merchandise imports from high-income economies (% of total merchandise imports)
In , Eritrea's Merchandise imports from high-income economies (% of total merchandise imports) was 44.74.
That's up 6.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 58.25 . Eritrea ranks #151 globally out of 205 reporting countries. Within Sub-Saharan Africa, it ranks #21 of 48.
Source: World Bank Open Data (TM.VAL.MRCH.HI.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
- 71.21
- Trough
- 41.84
- 1-year change
- +6.9%
- 5-year change
- -26.1%
- -5.9% / yr
- 10-year change
- -10.5%
- -1.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from high-income economies (% of total merchandise imports) |
|---|---|
| 44.7390 | |
| 41.8378 | |
| 50.4252 | |
| 56.3971 | |
| 58.1217 | |
| 60.5030 | |
| 56.1878 | |
| 48.3406 | |
| 44.2722 | |
| 52.1163 |
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.ZS • Category: Trade & Finance
Frequently asked questions
- What was Eritrea's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
- In 2023, Eritrea's Merchandise imports from high-income economies (% of total merchandise imports) was 44.74, according to World Bank Open Data.
- Is Eritrea's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
- Eritrea's Merchandise imports from high-income economies (% of total merchandise imports) rose 6.9% from 2022 to 2023.
- How does Eritrea rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
- In 2023, Eritrea ranked #151 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
- How does Eritrea'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 Eritrea is below the world average. Within Sub-Saharan Africa, it ranks #21 of 48.
- 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.
Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS), CC BY 4.0.