Georgia: Merchandise imports from high-income economies (% of total merchandise imports)
In , Georgia's Merchandise imports from high-income economies (% of total merchandise imports) was 59.67.
That's up 11.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 58.25 . Georgia ranks #101 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #43 of 53.
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
- 62.24
- Trough
- 46.87
- 1-year change
- +11.6%
- 5-year change
- +16.4%
- +3.1% / yr
- 10-year change
- +19.4%
- +1.8% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from high-income economies (% of total merchandise imports) |
|---|---|
| 59.6662 | |
| 53.4793 | |
| 48.9553 | |
| 49.6032 | |
| 52.2632 | |
| 51.2472 | |
| 49.9854 | |
| 51.3830 | |
| 50.0806 | |
| 47.6025 |
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 Georgia's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
- In 2023, Georgia's Merchandise imports from high-income economies (% of total merchandise imports) was 59.67, according to World Bank Open Data.
- Is Georgia's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
- Georgia's Merchandise imports from high-income economies (% of total merchandise imports) rose 11.6% from 2022 to 2023.
- How does Georgia rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
- In 2023, Georgia ranked #101 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
- How does Georgia'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 Georgia is above the world average. Within Europe & Central Asia, it ranks #43 of 53.
- 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.