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

In , Nepal's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 61.47.

That's down 3.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.41 . Nepal ranks #2 globally out of 204 reporting countries. Within South Asia, it ranks #2 of 6.

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

Trend (2004–2023)

Nepal 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
69.41
Trough
57.16
1-year change
-3.8%
5-year change
-7.5%
-1.6% / yr
10-year change
-4.0%
-0.4% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
61.4740
63.8761
61.6391
64.9527
64.1020
66.4846
66.9420
66.3958
61.1276
65.4987

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 Nepal's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023?
In 2023, Nepal's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 61.47, according to World Bank Open Data.
Is Nepal's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rising or falling?
Nepal's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) fell 3.8% from 2022 to 2023.
How does Nepal rank globally on Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)?
In 2023, Nepal ranked #2 out of 204 countries reporting Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports).
How does Nepal'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 Nepal is above the world average. Within South Asia, it ranks #2 of 6.
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.