Skip to main content
HomeCountriesSri Lanka › Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

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

In , Sri Lanka's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 33.51.

That's down 3.0% from 2022, the highest value since .

The global average for this indicator in 2023 was 22.36 . Sri Lanka ranks #48 globally out of 204 reporting countries. Within South Asia, it ranks #3 of 6.

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

Trend (2004–2023)

Sri Lanka 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
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
37.96
Trough
14.11
1-year change
-3.0%
5-year change
+5.8%
+1.1% / yr
10-year change
+18.5%
+1.7% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
33.5063
34.5466
37.9642
37.4170
35.0120
31.6625
32.3017
35.4331
14.1070
30.1796

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 Sri Lanka's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
In 2023, Sri Lanka's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 33.51, according to World Bank Open Data.
Is Sri Lanka's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
Sri Lanka's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 3.0% from 2022 to 2023.
How does Sri Lanka rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
In 2023, Sri Lanka ranked #48 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
How does Sri Lanka'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 Sri Lanka is above the world average. Within South Asia, it ranks #3 of 6.
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.
Download this data: CSV JSON

Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS), CC BY 4.0.