Namibia: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Namibia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 24.38.
That's up 12.2% from 2022, the highest value on record.
The global average for this indicator in 2023 was 22.36 . Namibia ranks #91 globally out of 204 reporting countries. Within Sub-Saharan Africa, it ranks #37 of 48.
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
- 24.38
- Trough
- 3.04
- 1-year change
- +12.2%
- 5-year change
- +181.3%
- +23.0% / yr
- 10-year change
- +159.7%
- +10.0% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 24.3761 | |
| 21.7261 | |
| 13.8731 | |
| 12.9569 | |
| 14.6009 | |
| 8.6664 | |
| 11.7294 | |
| 9.2472 | |
| 11.0027 | |
| 8.5172 |
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 Namibia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Namibia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 24.38, according to World Bank Open Data.
- Is Namibia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Namibia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 12.2% from 2022 to 2023.
- How does Namibia rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Namibia ranked #91 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Namibia'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 Namibia is above the world average. Within Sub-Saharan Africa, it ranks #37 of 48.
- 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.