South Africa: Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
In , South Africa's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 7.37.
That's down 2.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.41 . South Africa ranks #31 globally out of 204 reporting countries. Within Sub-Saharan Africa, it ranks #20 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
- 7.59
- Trough
- 1.72
- 1-year change
- -2.8%
- 5-year change
- +64.4%
- +10.4% / yr
- 10-year change
- +32.4%
- +2.8% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) |
|---|---|
| 7.3742 | |
| 7.5860 | |
| 6.1704 | |
| 5.6839 | |
| 5.3082 | |
| 4.4867 | |
| 5.0831 | |
| 4.5596 | |
| 5.4150 | |
| 4.9631 |
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 South Africa's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023?
- In 2023, South Africa's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 7.37, according to World Bank Open Data.
- Is South Africa's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rising or falling?
- South Africa's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) fell 2.8% from 2022 to 2023.
- How does South Africa rank globally on Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)?
- In 2023, South Africa ranked #31 out of 204 countries reporting Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports).
- How does South Africa'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 South Africa is above the world average. Within Sub-Saharan Africa, it ranks #20 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.