Georgia: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Georgia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 13.73.
That's down 3.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . Georgia ranks #132 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #34 of 53.
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
- 15.25
- Trough
- 5.10
- 1-year change
- -3.6%
- 5-year change
- -2.6%
- -0.5% / yr
- 10-year change
- +6.6%
- +0.6% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 13.7286 | |
| 14.2482 | |
| 14.7796 | |
| 13.8558 | |
| 15.2518 | |
| 14.1009 | |
| 13.8427 | |
| 12.3305 | |
| 13.3238 | |
| 14.1999 |
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 Georgia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Georgia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 13.73, according to World Bank Open Data.
- Is Georgia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Georgia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 3.6% from 2022 to 2023.
- How does Georgia rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Georgia ranked #132 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Georgia'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 Georgia is below the world average. Within Europe & Central Asia, it ranks #34 of 53.
- 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.