Russian Federation: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Russian Federation's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 58.61.
That's up 26.4% from 2022, the highest value on record.
The global average for this indicator in 2023 was 22.36 . Russian Federation ranks #6 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #1 of 53.
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
- 58.61
- Trough
- 14.69
- 1-year change
- +26.4%
- 5-year change
- +80.6%
- +12.6% / yr
- 10-year change
- +136.7%
- +9.0% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 58.6121 | |
| 46.3721 | |
| 35.0859 | |
| 34.2825 | |
| 32.7880 | |
| 32.4517 | |
| 32.1149 | |
| 31.9664 | |
| 29.9967 | |
| 26.4453 |
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 Russian Federation's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Russian Federation's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 58.61, according to World Bank Open Data.
- Is Russian Federation's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Russian Federation's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 26.4% from 2022 to 2023.
- How does Russian Federation rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Russian Federation ranked #6 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Russian Federation'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 Russian Federation is above the world average. Within Europe & Central Asia, it ranks #1 of 53.
- 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.