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

In , Slovak Republic's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 7.28.

That's down 8.6% from 2022, the highest value since .

The global average for this indicator in 2023 was 22.36 . Slovak Republic ranks #162 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #46 of 53.

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

Trend (2004–2023)

Slovak Republic 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 2004: EU enlargement (10 new members)
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins
  • 2004 · EU enlargement (10 new members)

Highlights

Peak
7.96
Trough
2.56
1-year change
-8.6%
5-year change
+11.3%
+2.2% / yr
10-year change
+27.9%
+2.5% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
7.2789
7.9614
7.8923
7.2508
6.7728
6.5395
7.0578
6.8272
6.1236
6.0418

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 Slovak Republic's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
In 2023, Slovak Republic's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 7.28, according to World Bank Open Data.
Is Slovak Republic's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
Slovak Republic's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 8.6% from 2022 to 2023.
How does Slovak Republic rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
In 2023, Slovak Republic ranked #162 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
How does Slovak Republic'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 Slovak Republic is below the world average. Within Europe & Central Asia, it ranks #46 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.