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Philippines: Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)

In , Philippines's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) was 0.46.

That's up 86.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 1.73 . Philippines ranks #113 globally out of 191 reporting countries. Within East Asia & Pacific, it ranks #6 of 24.

Source: World Bank Open Data (TM.VAL.MRCH.R4.ZS) • Data as of 2023

Trend (2004–2023)

Philippines Merchandise imports from low- and middle-income economies in Middle East & North Africa (% 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
3.34
Trough
0.02
1-year change
+86.8%
5-year change
+552.1%
+45.5% / yr
10-year change
+26.5%
+2.4% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)
0.4612
0.2469
0.1758
0.0211
0.0360
0.0707
0.1752
0.0387
0.0293
0.0384

About Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa 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.R4.ZSCategory: Trade & Finance

Frequently asked questions

What was Philippines's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in 2023?
In 2023, Philippines's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) was 0.46, according to World Bank Open Data.
Is Philippines's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) rising or falling?
Philippines's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) rose 86.8% from 2022 to 2023.
How does Philippines rank globally on Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)?
In 2023, Philippines ranked #113 out of 191 countries reporting Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports).
How does Philippines's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in 2023 was 1.73, so Philippines is below the world average. Within East Asia & Pacific, it ranks #6 of 24.
What is Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa 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.R4.ZS), CC BY 4.0.