Skip to main content
HomeCountriesKuwait › Merchandise imports from high-income economies (% of total merchandise imports)

Kuwait: Merchandise imports from high-income economies (% of total merchandise imports)

In , Kuwait's Merchandise imports from high-income economies (% of total merchandise imports) was 60.32.

That's down 1.2% from 2022, the highest value since .

The global average for this indicator in 2023 was 58.25 . Kuwait ranks #98 globally out of 205 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #11 of 23.

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

Trend (2004–2023)

Kuwait Merchandise imports from high-income economies (% 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
71.71
Trough
60.32
1-year change
-1.2%
5-year change
-6.6%
-1.4% / yr
10-year change
-12.9%
-1.4% / yr

Historical Data — Last 10 Years

Year Merchandise imports from high-income economies (% of total merchandise imports)
60.3186
61.0377
61.8226
61.7975
62.6558
64.5670
65.4041
65.7226
64.2740
67.9542

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Kuwait's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
In 2023, Kuwait's Merchandise imports from high-income economies (% of total merchandise imports) was 60.32, according to World Bank Open Data.
Is Kuwait's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
Kuwait's Merchandise imports from high-income economies (% of total merchandise imports) fell 1.2% from 2022 to 2023.
How does Kuwait rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
In 2023, Kuwait ranked #98 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
How does Kuwait'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 Kuwait is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #11 of 23.
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.
Download this data: CSV JSON

Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS), CC BY 4.0.