Hungary: Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
In , Hungary's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 0.63.
That's up 10.4% from 2022, the highest value on record.
The global average for this indicator in 2023 was 4.41 . Hungary ranks #177 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #44 of 53.
Source: World Bank Open Data (TM.VAL.MRCH.R5.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
- 0.63
- Trough
- 0.22
- 1-year change
- +10.4%
- 5-year change
- +40.6%
- +7.0% / yr
- 10-year change
- +60.7%
- +4.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) |
|---|---|
| 0.6250 | |
| 0.5664 | |
| 0.4843 | |
| 0.4768 | |
| 0.4778 | |
| 0.4447 | |
| 0.4731 | |
| 0.4635 | |
| 0.4529 | |
| 0.4015 |
About Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South 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.R5.ZS • Category: Trade & Finance
Frequently asked questions
- What was Hungary's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023?
- In 2023, Hungary's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 0.63, according to World Bank Open Data.
- Is Hungary's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rising or falling?
- Hungary's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rose 10.4% from 2022 to 2023.
- How does Hungary rank globally on Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)?
- In 2023, Hungary ranked #177 out of 204 countries reporting Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports).
- How does Hungary's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023 was 4.41, so Hungary is below the world average. Within Europe & Central Asia, it ranks #44 of 53.
- What is Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South 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.R5.ZS), CC BY 4.0.