Hungary: Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
In , Hungary's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 4.46.
That's down 7.4% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.32 . Hungary ranks #49 globally out of 199 reporting countries. Within Europe & Central Asia, it ranks #26 of 53.
Source: World Bank Open Data (TM.VAL.MRCH.R2.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
- 2004 · EU enlargement (10 new members)
Highlights
- Peak
- 4.82
- Trough
- 2.39
- 1-year change
- -7.4%
- 5-year change
- -3.1%
- -0.6% / yr
- 10-year change
- +30.4%
- +2.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) |
|---|---|
| 4.4628 | |
| 4.8199 | |
| 4.6677 | |
| 4.2288 | |
| 4.4345 | |
| 4.6068 | |
| 4.6725 | |
| 3.6248 | |
| 3.2709 | |
| 3.3576 |
About Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia 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.R2.ZS • Category: Trade & Finance
Frequently asked questions
- What was Hungary's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023?
- In 2023, Hungary's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 4.46, according to World Bank Open Data.
- Is Hungary's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rising or falling?
- Hungary's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) fell 7.4% from 2022 to 2023.
- How does Hungary rank globally on Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)?
- In 2023, Hungary ranked #49 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports).
- How does Hungary's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023 was 4.32, so Hungary is above the world average. Within Europe & Central Asia, it ranks #26 of 53.
- What is Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia 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.
Source: World Bank Open Data (TM.VAL.MRCH.R2.ZS), CC BY 4.0.