Korea, Rep.: Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)
In , Korea, Rep.'s Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) was 1.18.
That's down 9.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 6.49 . Korea, Rep. ranks #83 globally out of 199 reporting countries. Within East Asia & Pacific, it ranks #7 of 31.
Source: World Bank Open Data (TM.VAL.MRCH.R6.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
- 1.54
- Trough
- 0.91
- 1-year change
- -9.0%
- 5-year change
- +0.4%
- +0.1% / yr
- 10-year change
- +2.2%
- +0.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) |
|---|---|
| 1.1753 | |
| 1.2911 | |
| 1.1196 | |
| 0.9060 | |
| 1.0008 | |
| 1.1705 | |
| 1.1197 | |
| 1.1191 | |
| 1.2841 | |
| 1.5417 |
About Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Sub-Saharan 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.R6.ZS • Category: Trade & Finance
Frequently asked questions
- What was Korea, Rep.'s Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) in 2023?
- In 2023, Korea, Rep.'s Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) was 1.18, according to World Bank Open Data.
- Is Korea, Rep.'s Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) rising or falling?
- Korea, Rep.'s Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) fell 9.0% from 2022 to 2023.
- How does Korea, Rep. rank globally on Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)?
- In 2023, Korea, Rep. ranked #83 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports).
- How does Korea, Rep.'s Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) in 2023 was 6.49, so Korea, Rep. is below the world average. Within East Asia & Pacific, it ranks #7 of 31.
- What is Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Sub-Saharan 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.R6.ZS), CC BY 4.0.