Philippines: Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
In , Philippines's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 1.76.
That's up 5.7% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.41 . Philippines ranks #118 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #11 of 35.
Source: World Bank Open Data (TM.VAL.MRCH.R5.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
- 2.09
- Trough
- 0.70
- 1-year change
- +5.7%
- 5-year change
- +1.4%
- +0.3% / yr
- 10-year change
- +38.3%
- +3.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) |
|---|---|
| 1.7644 | |
| 1.6690 | |
| 2.0937 | |
| 1.9062 | |
| 1.8497 | |
| 1.7396 | |
| 1.9473 | |
| 1.9640 | |
| 1.9819 | |
| 1.6476 |
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.ZS • Category: Trade & Finance
Frequently asked questions
- What was Philippines's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023?
- In 2023, Philippines's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 1.76, according to World Bank Open Data.
- Is Philippines's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rising or falling?
- Philippines's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rose 5.7% from 2022 to 2023.
- How does Philippines rank globally on Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)?
- In 2023, Philippines ranked #118 out of 204 countries reporting Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports).
- How does Philippines'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 Philippines is below the world average. Within East Asia & Pacific, it ranks #11 of 35.
- 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.
Source: World Bank Open Data (TM.VAL.MRCH.R5.ZS), CC BY 4.0.