Nepal: Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
In , Nepal's Merchandise imports from low- and middle-income economies within region (% 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 19.71 . Nepal ranks #11 globally out of 202 reporting countries. Within South Asia, it ranks #2 of 6.
Source: World Bank Open Data (TM.VAL.MRCH.WR.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
- 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 within region (% 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 within region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Indicator code: TM.VAL.MRCH.WR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Nepal's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in 2023?
- In 2023, Nepal's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) was 61.47, according to World Bank Open Data.
- Is Nepal's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) rising or falling?
- Nepal's Merchandise imports from low- and middle-income economies within region (% 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 within region (% of total merchandise imports)?
- In 2023, Nepal ranked #11 out of 202 countries reporting Merchandise imports from low- and middle-income economies within region (% of total merchandise imports).
- How does Nepal's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in 2023 was 19.71, 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 within region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Source: World Bank Open Data (TM.VAL.MRCH.WR.ZS), CC BY 4.0.