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Serbia: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

In , Serbia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 20.21.

That's up 3.5% from 2022, the highest value since .

The global average for this indicator in 2023 was 22.36 . Serbia ranks #105 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #19 of 53.

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

Trend (2006–2023)

Serbia Merchandise imports from low- and middle-income economies outside region (% 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
23.24
Trough
10.73
1-year change
+3.5%
5-year change
+29.6%
+5.3% / yr
10-year change
+83.3%
+6.2% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
20.2100
19.5345
19.2485
23.2367
15.6186
15.5950
15.2942
13.6752
12.6684
11.4089

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Serbia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
In 2023, Serbia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 20.21, according to World Bank Open Data.
Is Serbia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
Serbia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rose 3.5% from 2022 to 2023.
How does Serbia rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
In 2023, Serbia ranked #105 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
How does Serbia'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 Serbia is below the world average. Within Europe & Central Asia, it ranks #19 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.
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Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS), CC BY 4.0.