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

In , Sweden's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 9.91.

That's down 16.7% from 2022, the highest value since .

The global average for this indicator in 2023 was 22.36 . Sweden ranks #145 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #41 of 53.

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

Trend (2004–2023)

Sweden 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
11.91
Trough
6.55
1-year change
-16.7%
5-year change
-5.6%
-1.1% / yr
10-year change
+1.3%
+0.1% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
9.9144
11.9051
11.0602
10.1908
10.4167
10.5000
10.1472
9.9155
10.3070
10.0074

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 Sweden's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
In 2023, Sweden's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 9.91, according to World Bank Open Data.
Is Sweden's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
Sweden's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 16.7% from 2022 to 2023.
How does Sweden rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
In 2023, Sweden ranked #145 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
How does Sweden'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 Sweden is below the world average. Within Europe & Central Asia, it ranks #41 of 53.
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.
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Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS), CC BY 4.0.