Somalia, Fed. Rep.: Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)
In , Somalia, Fed. Rep.'s Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) was 2.92.
That's up 18.1% from 2022, the highest value since .
The global average for this indicator in 2023 was 1.73 . Somalia, Fed. Rep. ranks #37 globally out of 191 reporting countries. Within Sub-Saharan Africa, it ranks #14 of 47.
Source: World Bank Open Data (TM.VAL.MRCH.R4.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
- 15.69
- Trough
- 2.37
- 1-year change
- +18.1%
- 5-year change
- -45.4%
- -11.4% / yr
- 10-year change
- -58.6%
- -8.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) |
|---|---|
| 2.9169 | |
| 2.4691 | |
| 2.7303 | |
| 5.1010 | |
| 3.5380 | |
| 5.3432 | |
| 5.9338 | |
| 2.3671 | |
| 7.8221 | |
| 8.5005 |
About Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa 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.R4.ZS • Category: Trade & Finance
Frequently asked questions
- What was Somalia, Fed. Rep.'s Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in 2023?
- In 2023, Somalia, Fed. Rep.'s Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) was 2.92, according to World Bank Open Data.
- Is Somalia, Fed. Rep.'s Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) rising or falling?
- Somalia, Fed. Rep.'s Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) rose 18.1% from 2022 to 2023.
- How does Somalia, Fed. Rep. rank globally on Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)?
- In 2023, Somalia, Fed. Rep. ranked #37 out of 191 countries reporting Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports).
- How does Somalia, Fed. Rep.'s Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in 2023 was 1.73, so Somalia, Fed. Rep. is above the world average. Within Sub-Saharan Africa, it ranks #14 of 47.
- What is Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa 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.R4.ZS), CC BY 4.0.