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Montenegro: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

In , Montenegro's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 16.41.

That's up 24.0% from 2022, the highest value on record.

The global average for this indicator in 2023 was 22.36 . Montenegro ranks #119 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #25 of 53.

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

Trend (2006–2023)

Montenegro Merchandise imports from low- and middle-income economies outside region (% 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
16.41
Trough
6.02
1-year change
+24.0%
5-year change
+21.3%
+3.9% / yr
10-year change
+45.4%
+3.8% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
16.4114
13.2316
13.9859
14.7193
12.6346
13.5296
13.1840
13.0557
14.3439
10.9035

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Montenegro's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
In 2023, Montenegro's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 16.41, according to World Bank Open Data.
Is Montenegro's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
Montenegro's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 24.0% from 2022 to 2023.
How does Montenegro rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
In 2023, Montenegro ranked #119 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
How does Montenegro'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 Montenegro is below the world average. Within Europe & Central Asia, it ranks #25 of 53.
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.
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Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS), CC BY 4.0.