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

In , Guinea-Bissau's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 18.21.

That's up 8.1% from 2022, the highest value since .

The global average for this indicator in 2023 was 22.36 . Guinea-Bissau ranks #111 globally out of 204 reporting countries. Within Sub-Saharan Africa, it ranks #42 of 48.

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

Trend (2004–2023)

Guinea-Bissau 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
36.66
Trough
4.48
1-year change
+8.1%
5-year change
-26.9%
-6.1% / yr
10-year change
-17.4%
-1.9% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
18.2114
16.8510
23.7057
29.8473
25.3063
24.9287
28.8216
24.5389
28.8833
22.1279

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 Guinea-Bissau's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
In 2023, Guinea-Bissau's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 18.21, according to World Bank Open Data.
Is Guinea-Bissau's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
Guinea-Bissau's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 8.1% from 2022 to 2023.
How does Guinea-Bissau rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
In 2023, Guinea-Bissau ranked #111 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
How does Guinea-Bissau'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 Guinea-Bissau is below the world average. Within Sub-Saharan Africa, it ranks #42 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.
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Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS), CC BY 4.0.