Kuwait: Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
In , Kuwait's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) was 24.54.
That's up 5.8% from 2022, the highest value on record.
The global average for this indicator in 2023 was 20.25 . Kuwait ranks #63 globally out of 205 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #8 of 23.
Source: World Bank Open Data (TM.VAL.MRCH.R1.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
- 24.54
- Trough
- 13.33
- 1-year change
- +5.8%
- 5-year change
- +15.5%
- +2.9% / yr
- 10-year change
- +36.3%
- +3.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) |
|---|---|
| 24.5418 | |
| 23.1893 | |
| 22.2397 | |
| 22.9905 | |
| 22.3646 | |
| 21.2486 | |
| 20.7816 | |
| 20.0378 | |
| 21.9255 | |
| 19.2843 |
About Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific 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.R1.ZS • Category: Trade & Finance
Frequently asked questions
- What was Kuwait's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in 2023?
- In 2023, Kuwait's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) was 24.54, according to World Bank Open Data.
- Is Kuwait's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) rising or falling?
- Kuwait's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) rose 5.8% from 2022 to 2023.
- How does Kuwait rank globally on Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)?
- In 2023, Kuwait ranked #63 out of 205 countries reporting Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports).
- How does Kuwait's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in 2023 was 20.25, so Kuwait is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #8 of 23.
- What is Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific 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.R1.ZS), CC BY 4.0.