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Sri Lanka: Merchandise imports by the reporting economy, residual (% of total merchandise imports)

In , Sri Lanka's Merchandise imports by the reporting economy, residual (% of total merchandise imports) was 0.00.

That's down 40.1% from 2022, the highest value since .

The global average for this indicator in 2023 was 0.08 . Sri Lanka ranks #109 globally out of 205 reporting countries. Within South Asia, it ranks #5 of 6.

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

Trend (2004–2023)

Sri Lanka Merchandise imports by the reporting economy, residual (% of total merchandise imports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
0.01
Trough
0.00
1-year change
-40.1%
5-year change
-82.1%
-29.1% / yr
10-year change
-85.3%
-17.4% / yr

Historical Data — Last 10 Years

Year Merchandise imports by the reporting economy, residual (% of total merchandise imports)
0.0003
0.0005
0.0004
0.0081
0.0029
0.0017
0.0001
0.0002
0.0010
0.0014

About Merchandise imports by the reporting economy, residual (% of total merchandise imports)

Merchandise imports by the reporting economy residuals are the total merchandise imports by the reporting economy from the rest of the world as reported in the IMF's Direction of trade database, less the sum of imports by the reporting economy from high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise imports by the economy.

Indicator code: TM.VAL.MRCH.RS.ZSCategory: Trade & Finance

Frequently asked questions

What was Sri Lanka's Merchandise imports by the reporting economy, residual (% of total merchandise imports) in 2023?
In 2023, Sri Lanka's Merchandise imports by the reporting economy, residual (% of total merchandise imports) was 0.00, according to World Bank Open Data.
Is Sri Lanka's Merchandise imports by the reporting economy, residual (% of total merchandise imports) rising or falling?
Sri Lanka's Merchandise imports by the reporting economy, residual (% of total merchandise imports) fell 40.1% from 2022 to 2023.
How does Sri Lanka rank globally on Merchandise imports by the reporting economy, residual (% of total merchandise imports)?
In 2023, Sri Lanka ranked #109 out of 205 countries reporting Merchandise imports by the reporting economy, residual (% of total merchandise imports).
How does Sri Lanka's Merchandise imports by the reporting economy, residual (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports by the reporting economy, residual (% of total merchandise imports) in 2023 was 0.08, so Sri Lanka is below the world average. Within South Asia, it ranks #5 of 6.
What is Merchandise imports by the reporting economy, residual (% of total merchandise imports) and how is it measured?
Merchandise imports by the reporting economy residuals are the total merchandise imports by the reporting economy from the rest of the world as reported in the IMF's Direction of trade database, less the sum of imports by the reporting economy from high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise imports by the economy.
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Source: World Bank Open Data (TM.VAL.MRCH.RS.ZS), CC BY 4.0.