Kuwait: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Kuwait's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 36.40.
That's up 2.2% from 2022, the highest value on record.
The global average for this indicator in 2023 was 22.36 . Kuwait ranks #43 globally out of 204 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #14 of 23.
Source: World Bank Open Data (TM.VAL.MRCH.OR.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
- 36.40
- Trough
- 22.92
- 1-year change
- +2.2%
- 5-year change
- +13.4%
- +2.5% / yr
- 10-year change
- +30.9%
- +2.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 36.3983 | |
| 35.5988 | |
| 34.2295 | |
| 34.8919 | |
| 34.0011 | |
| 32.1094 | |
| 31.4715 | |
| 31.0897 | |
| 32.2450 | |
| 28.8360 |
About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Kuwait's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Kuwait's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 36.40, according to World Bank Open Data.
- Is Kuwait's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Kuwait's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 2.2% from 2022 to 2023.
- How does Kuwait rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Kuwait ranked #43 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Kuwait's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Kuwait is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #14 of 23.
- What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZS), CC BY 4.0.