Eritrea: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Eritrea's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 51.46.
That's down 7.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . Eritrea ranks #9 globally out of 204 reporting countries. Within Sub-Saharan Africa, it ranks #4 of 48.
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
- 55.82
- Trough
- 24.95
- 1-year change
- -7.8%
- 5-year change
- +55.0%
- +9.2% / yr
- 10-year change
- +16.5%
- +1.5% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 51.4566 | |
| 55.8242 | |
| 44.1970 | |
| 38.9537 | |
| 37.7976 | |
| 33.1916 | |
| 37.1771 | |
| 46.1876 | |
| 47.6229 | |
| 41.1614 |
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 Eritrea's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Eritrea's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 51.46, according to World Bank Open Data.
- Is Eritrea's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Eritrea's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 7.8% from 2022 to 2023.
- How does Eritrea rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Eritrea ranked #9 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Eritrea'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 Eritrea is above the world average. Within Sub-Saharan Africa, it ranks #4 of 48.
- 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.