Iceland: Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)
In , Iceland's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) was 0.71.
That's up 122.4% from 2022, the highest value on record.
The global average for this indicator in 2023 was 1.73 . Iceland ranks #92 globally out of 191 reporting countries. Within Europe & Central Asia, it ranks #27 of 53.
Source: World Bank Open Data (TM.VAL.MRCH.R4.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
- 0.71
- Trough
- 0.14
- 1-year change
- +122.4%
- 5-year change
- +170.4%
- +22.0% / yr
- 10-year change
- +119.9%
- +8.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) |
|---|---|
| 0.7076 | |
| 0.3182 | |
| 0.3578 | |
| 0.3384 | |
| 0.2929 | |
| 0.2617 | |
| 0.2330 | |
| 0.3194 | |
| 0.3147 | |
| 0.3138 |
About Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa 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.R4.ZS • Category: Trade & Finance
Frequently asked questions
- What was Iceland's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in 2023?
- In 2023, Iceland's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) was 0.71, according to World Bank Open Data.
- Is Iceland's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) rising or falling?
- Iceland's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) rose 122.4% from 2022 to 2023.
- How does Iceland rank globally on Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)?
- In 2023, Iceland ranked #92 out of 191 countries reporting Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports).
- How does Iceland's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in 2023 was 1.73, so Iceland is below the world average. Within Europe & Central Asia, it ranks #27 of 53.
- What is Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa 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.R4.ZS), CC BY 4.0.