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United Kingdom: Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

In , United Kingdom's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 1.45.

That's down 10.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 5.08 . United Kingdom ranks #117 globally out of 199 reporting countries. Within Europe & Central Asia, it ranks #21 of 53.

Source: World Bank Open Data (TM.VAL.MRCH.R3.ZS) • Data as of 2023

Trend (2004–2023)

United Kingdom Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins 2016: Brexit referendum
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins
  • 2016 · Brexit referendum

Highlights

Peak
2.47
Trough
1.38
1-year change
-10.8%
5-year change
+3.3%
+0.7% / yr
10-year change
-30.0%
-3.5% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
1.4465
1.6221
1.3808
1.3959
1.4315
1.4002
1.4102
1.4334
1.5461
1.8716

About Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZSCategory: Trade & Finance

Frequently asked questions

What was United Kingdom's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023?
In 2023, United Kingdom's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 1.45, according to World Bank Open Data.
Is United Kingdom's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rising or falling?
United Kingdom's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) fell 10.8% from 2022 to 2023.
How does United Kingdom rank globally on Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)?
In 2023, United Kingdom ranked #117 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports).
How does United Kingdom's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023 was 5.08, so United Kingdom is below the world average. Within Europe & Central Asia, it ranks #21 of 53.
What is Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean 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.
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Source: World Bank Open Data (TM.VAL.MRCH.R3.ZS), CC BY 4.0.