Saudi Arabia: Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
In , Saudi Arabia's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 3.05.
That's down 12.4% from 2022, the highest value since .
The global average for this indicator in 2023 was 5.08 . Saudi Arabia ranks #70 globally out of 199 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #12 of 23.
Source: World Bank Open Data (TM.VAL.MRCH.R3.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
- 4.25
- Trough
- 2.75
- 1-year change
- -12.4%
- 5-year change
- +2.1%
- +0.4% / yr
- 10-year change
- -26.5%
- -3.0% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) |
|---|---|
| 3.0490 | |
| 3.4788 | |
| 2.9698 | |
| 3.4341 | |
| 3.0912 | |
| 2.9850 | |
| 3.2350 | |
| 3.3953 | |
| 2.9652 | |
| 3.4854 |
About Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS • Category: Trade & Finance
Frequently asked questions
- What was Saudi Arabia's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023?
- In 2023, Saudi Arabia's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 3.05, according to World Bank Open Data.
- Is Saudi Arabia's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rising or falling?
- Saudi Arabia's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) fell 12.4% from 2022 to 2023.
- How does Saudi Arabia rank globally on Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)?
- In 2023, Saudi Arabia ranked #70 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports).
- How does Saudi Arabia's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023 was 5.08, so Saudi Arabia is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #12 of 23.
- What is Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS), CC BY 4.0.