Kuwait: Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
In , Kuwait's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 2.30.
That's down 7.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 5.08 . Kuwait ranks #85 globally out of 199 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #15 of 23.
Source: World Bank Open Data (TM.VAL.MRCH.R3.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
- 2.76
- Trough
- 1.71
- 1-year change
- -7.3%
- 5-year change
- +12.0%
- +2.3% / yr
- 10-year change
- -10.1%
- -1.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) |
|---|---|
| 2.3020 | |
| 2.4827 | |
| 2.0848 | |
| 2.7571 | |
| 2.2217 | |
| 2.0546 | |
| 2.1168 | |
| 2.0870 | |
| 2.1619 | |
| 1.8934 |
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.ZS • Category: Trade & Finance
Frequently asked questions
- What was Kuwait's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023?
- In 2023, Kuwait's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 2.30, according to World Bank Open Data.
- Is Kuwait's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rising or falling?
- Kuwait's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) fell 7.3% from 2022 to 2023.
- How does Kuwait rank globally on Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)?
- In 2023, Kuwait ranked #85 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports).
- How does Kuwait'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 Kuwait is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #15 of 23.
- 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.
Source: World Bank Open Data (TM.VAL.MRCH.R3.ZS), CC BY 4.0.