Somalia, Fed. Rep.: Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
In , Somalia, Fed. Rep.'s Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 22.78.
That's down 11.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.41 . Somalia, Fed. Rep. ranks #3 globally out of 204 reporting countries. Within Sub-Saharan Africa, it ranks #1 of 48.
Source: World Bank Open Data (TM.VAL.MRCH.R5.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
- 27.49
- Trough
- 11.71
- 1-year change
- -11.6%
- 5-year change
- +15.9%
- +3.0% / yr
- 10-year change
- +34.6%
- +3.0% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) |
|---|---|
| 22.7765 | |
| 25.7649 | |
| 21.6607 | |
| 18.6596 | |
| 22.2144 | |
| 19.6475 | |
| 20.9118 | |
| 27.4937 | |
| 25.5924 | |
| 22.8563 |
About Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia 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.R5.ZS • Category: Trade & Finance
Frequently asked questions
- What was Somalia, Fed. Rep.'s Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023?
- In 2023, Somalia, Fed. Rep.'s Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 22.78, according to World Bank Open Data.
- Is Somalia, Fed. Rep.'s Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rising or falling?
- Somalia, Fed. Rep.'s Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) fell 11.6% from 2022 to 2023.
- How does Somalia, Fed. Rep. rank globally on Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)?
- In 2023, Somalia, Fed. Rep. ranked #3 out of 204 countries reporting Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports).
- How does Somalia, Fed. Rep.'s Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023 was 4.41, so Somalia, Fed. Rep. is above the world average. Within Sub-Saharan Africa, it ranks #1 of 48.
- What is Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia 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.R5.ZS), CC BY 4.0.