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Micronesia, Fed. Sts.: Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)

In , Micronesia, Fed. Sts.'s Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) was 0.67.

That's up 10.1% from 2022, the highest value since .

The global average for this indicator in 2023 was 6.49 . Micronesia, Fed. Sts. ranks #104 globally out of 199 reporting countries. Within East Asia & Pacific, it ranks #12 of 31.

Source: World Bank Open Data (TM.VAL.MRCH.R6.ZS) • Data as of 2023

Trend (2004–2023)

Micronesia, Fed. Sts. Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% 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
1.47
Trough
0.10
1-year change
+10.1%
5-year change
+14.0%
+2.7% / yr
10-year change
+315.0%
+15.3% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)
0.6686
0.6075
0.5590
0.5857
0.5476
0.5863
0.6643
0.2937
0.1344
0.1391

About Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Sub-Saharan Africa 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.R6.ZSCategory: Trade & Finance

Frequently asked questions

What was Micronesia, Fed. Sts.'s Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) in 2023?
In 2023, Micronesia, Fed. Sts.'s Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) was 0.67, according to World Bank Open Data.
Is Micronesia, Fed. Sts.'s Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) rising or falling?
Micronesia, Fed. Sts.'s Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) rose 10.1% from 2022 to 2023.
How does Micronesia, Fed. Sts. rank globally on Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)?
In 2023, Micronesia, Fed. Sts. ranked #104 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports).
How does Micronesia, Fed. Sts.'s Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) in 2023 was 6.49, so Micronesia, Fed. Sts. is below the world average. Within East Asia & Pacific, it ranks #12 of 31.
What is Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Sub-Saharan Africa 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.R6.ZS), CC BY 4.0.