Singapore: Merchandise imports from high-income economies (% of total merchandise imports)
In , Singapore's Merchandise imports from high-income economies (% of total merchandise imports) was 60.25.
That's up 1.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 58.25 . Singapore ranks #99 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #18 of 36.
Source: World Bank Open Data (TM.VAL.MRCH.HI.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
- 61.13
- Trough
- 56.13
- 1-year change
- +1.9%
- 5-year change
- +0.9%
- +0.2% / yr
- 10-year change
- +0.6%
- +0.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from high-income economies (% of total merchandise imports) |
|---|---|
| 60.2522 | |
| 59.1171 | |
| 58.0916 | |
| 56.1310 | |
| 58.6645 | |
| 59.7288 | |
| 59.3157 | |
| 58.5987 | |
| 58.8077 | |
| 60.2410 |
About Merchandise imports from high-income economies (% of total merchandise imports)
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies 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.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Singapore's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
- In 2023, Singapore's Merchandise imports from high-income economies (% of total merchandise imports) was 60.25, according to World Bank Open Data.
- Is Singapore's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
- Singapore's Merchandise imports from high-income economies (% of total merchandise imports) rose 1.9% from 2022 to 2023.
- How does Singapore rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
- In 2023, Singapore ranked #99 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
- How does Singapore's Merchandise imports from high-income economies (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from high-income economies (% of total merchandise imports) in 2023 was 58.25, so Singapore is above the world average. Within East Asia & Pacific, it ranks #18 of 36.
- What is Merchandise imports from high-income economies (% of total merchandise imports) and how is it measured?
- Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies 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.HI.ZS), CC BY 4.0.