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Iraq: Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)

In , Iraq's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 7.16.

That's up 29.2% from 2022, the highest value on record.

The global average for this indicator in 2023 was 4.41 . Iraq ranks #34 globally out of 204 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #6 of 23.

Source: World Bank Open Data (TM.VAL.MRCH.R5.ZS) • Data as of 2023

Trend (2004–2023)

Iraq Merchandise imports from low- and middle-income economies in South Asia (% 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
7.16
Trough
1.35
1-year change
+29.2%
5-year change
+24.3%
+4.5% / yr
10-year change
+190.7%
+11.3% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
7.1605
5.5411
5.7684
4.5933
5.8370
5.7590
4.1513
3.7235
3.6027
2.1461

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Iraq's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023?
In 2023, Iraq's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 7.16, according to World Bank Open Data.
Is Iraq's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rising or falling?
Iraq's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rose 29.2% from 2022 to 2023.
How does Iraq rank globally on Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)?
In 2023, Iraq ranked #34 out of 204 countries reporting Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports).
How does Iraq'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 Iraq is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #6 of 23.
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.
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Source: World Bank Open Data (TM.VAL.MRCH.R5.ZS), CC BY 4.0.