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Madagascar: Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)

In , Madagascar's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 12.11.

That's down 10.7% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.41 . Madagascar ranks #14 globally out of 204 reporting countries. Within Sub-Saharan Africa, it ranks #7 of 48.

Source: World Bank Open Data (TM.VAL.MRCH.R5.ZS) • Data as of 2023

Trend (2004–2023)

Madagascar Merchandise imports from low- and middle-income economies in South Asia (% 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
13.56
Trough
4.75
1-year change
-10.7%
5-year change
+3.9%
+0.8% / yr
10-year change
+22.2%
+2.0% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
12.1105
13.5615
12.2080
10.9545
10.8243
11.6519
11.8733
10.5479
10.3293
11.1167

About Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia 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.R5.ZSCategory: Trade & Finance

Frequently asked questions

What was Madagascar's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023?
In 2023, Madagascar's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 12.11, according to World Bank Open Data.
Is Madagascar's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rising or falling?
Madagascar's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) fell 10.7% from 2022 to 2023.
How does Madagascar rank globally on Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)?
In 2023, Madagascar ranked #14 out of 204 countries reporting Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports).
How does Madagascar's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023 was 4.41, so Madagascar is above the world average. Within Sub-Saharan Africa, it ranks #7 of 48.
What is Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia 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.
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Source: World Bank Open Data (TM.VAL.MRCH.R5.ZS), CC BY 4.0.