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Grenada: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

In , Grenada's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 8.88.

That's up 19.1% from 2022, the highest value on record.

The global average for this indicator in 2023 was 22.36 . Grenada ranks #152 globally out of 204 reporting countries. Within Latin America & Caribbean, it ranks #28 of 36.

Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS) • Data as of 2023

Trend (2004–2023)

Grenada Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
8.88
Trough
2.48
1-year change
+19.1%
5-year change
+57.5%
+9.5% / yr
10-year change
+257.5%
+13.6% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
8.8814
7.4567
6.0101
6.4605
6.5146
5.6392
5.0058
3.9193
5.2378
4.3037

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Grenada's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
In 2023, Grenada's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 8.88, according to World Bank Open Data.
Is Grenada's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
Grenada's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 19.1% from 2022 to 2023.
How does Grenada rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
In 2023, Grenada ranked #152 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
How does Grenada'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 Grenada is below the world average. Within Latin America & Caribbean, it ranks #28 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.
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Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS), CC BY 4.0.