Mongolia: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Mongolia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 3.69.
That's down 13.4% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . Mongolia ranks #180 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #17 of 35.
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
- 6.59
- Trough
- 3.69
- 1-year change
- -13.4%
- 5-year change
- -12.5%
- -2.6% / yr
- 10-year change
- -36.4%
- -4.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 3.6912 | |
| 4.2648 | |
| 4.2661 | |
| 4.1658 | |
| 4.2773 | |
| 4.2187 | |
| 4.7730 | |
| 5.0436 | |
| 4.4139 | |
| 4.0076 |
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 Mongolia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Mongolia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 3.69, according to World Bank Open Data.
- Is Mongolia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Mongolia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 13.4% from 2022 to 2023.
- How does Mongolia rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Mongolia ranked #180 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Mongolia'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 Mongolia is below the world average. Within East Asia & Pacific, it ranks #17 of 35.
- 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.