Iceland: Merchandise imports from high-income economies (% of total merchandise imports)
In , Iceland's Merchandise imports from high-income economies (% of total merchandise imports) was 81.38.
That's up 2.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 58.25 . Iceland ranks #37 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #23 of 53.
Source: World Bank Open Data (TM.VAL.MRCH.HI.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
Highlights
- Peak
- 91.75
- Trough
- 78.06
- 1-year change
- +2.8%
- 5-year change
- -2.3%
- -0.5% / yr
- 10-year change
- +1.9%
- +0.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from high-income economies (% of total merchandise imports) |
|---|---|
| 81.3829 | |
| 79.1802 | |
| 80.0692 | |
| 80.8846 | |
| 83.6080 | |
| 83.2793 | |
| 82.9220 | |
| 85.2353 | |
| 78.0578 | |
| 81.2371 |
About Merchandise imports from high-income economies (% of total merchandise imports)
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies 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.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Iceland's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
- In 2023, Iceland's Merchandise imports from high-income economies (% of total merchandise imports) was 81.38, according to World Bank Open Data.
- Is Iceland's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
- Iceland's Merchandise imports from high-income economies (% of total merchandise imports) rose 2.8% from 2022 to 2023.
- How does Iceland rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
- In 2023, Iceland ranked #37 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
- How does Iceland's Merchandise imports from high-income economies (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from high-income economies (% of total merchandise imports) in 2023 was 58.25, so Iceland is above the world average. Within Europe & Central Asia, it ranks #23 of 53.
- What is Merchandise imports from high-income economies (% of total merchandise imports) and how is it measured?
- Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies 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.HI.ZS), CC BY 4.0.