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Guinea-Bissau: Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

In , Guinea-Bissau's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 1.56.

That's up 184.6% from 2022, the highest value since .

The global average for this indicator in 2023 was 5.08 . Guinea-Bissau ranks #112 globally out of 199 reporting countries. Within Sub-Saharan Africa, it ranks #24 of 47.

Source: World Bank Open Data (TM.VAL.MRCH.R3.ZS) • Data as of 2023

Trend (2005–2023)

Guinea-Bissau Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% 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
8.49
Trough
0.01
1-year change
+184.6%
5-year change
-21.5%
-4.7% / yr
10-year change
-30.5%
-3.6% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
1.5583
0.5475
0.5619
1.1324
1.5409
1.9859
1.9916
1.2455
1.3522
1.1510

About Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region 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.R3.ZSCategory: Trade & Finance

Frequently asked questions

What was Guinea-Bissau's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023?
In 2023, Guinea-Bissau's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 1.56, according to World Bank Open Data.
Is Guinea-Bissau's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rising or falling?
Guinea-Bissau's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rose 184.6% from 2022 to 2023.
How does Guinea-Bissau rank globally on Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)?
In 2023, Guinea-Bissau ranked #112 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports).
How does Guinea-Bissau's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023 was 5.08, so Guinea-Bissau is below the world average. Within Sub-Saharan Africa, it ranks #24 of 47.
What is Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region 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.R3.ZS), CC BY 4.0.