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Kiribati: Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

In , Kiribati's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 0.01.

That's down 94.2% from 2022, the highest value since .

The global average for this indicator in 2023 was 5.08 . Kiribati ranks #198 globally out of 199 reporting countries. Within East Asia & Pacific, it ranks #30 of 31.

Source: World Bank Open Data (TM.VAL.MRCH.R3.ZS) • Data as of 2023

Trend (2004–2023)

Kiribati Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% 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
5.51
Trough
0.00
1-year change
-94.2%
5-year change
-99.8%
-70.9% / yr
10-year change
-92.1%
-22.5% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
0.0116
0.2005
0.1747
0.4862
0.0699
5.5089
4.4368
0.2310
0.1240
0.2621

About Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZSCategory: Trade & Finance

Frequently asked questions

What was Kiribati's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023?
In 2023, Kiribati's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 0.01, according to World Bank Open Data.
Is Kiribati's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rising or falling?
Kiribati's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) fell 94.2% from 2022 to 2023.
How does Kiribati rank globally on Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)?
In 2023, Kiribati ranked #198 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports).
How does Kiribati's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023 was 5.08, so Kiribati is below the world average. Within East Asia & Pacific, it ranks #30 of 31.
What is Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS), CC BY 4.0.