United Kingdom: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , United Kingdom's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 18.14.
That's down 10.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . United Kingdom ranks #113 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #22 of 53.
Source: World Bank Open Data (TM.VAL.MRCH.OR.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
- 2016 · Brexit referendum
Highlights
- Peak
- 22.12
- Trough
- 13.71
- 1-year change
- -10.9%
- 5-year change
- -4.5%
- -0.9% / yr
- 10-year change
- -9.2%
- -1.0% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 18.1404 | |
| 20.3540 | |
| 22.1155 | |
| 20.8610 | |
| 18.4977 | |
| 19.0032 | |
| 18.6093 | |
| 18.4449 | |
| 19.6902 | |
| 19.6305 |
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.ZS • Category: Trade & Finance
Frequently asked questions
- What was United Kingdom's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, United Kingdom's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 18.14, according to World Bank Open Data.
- Is United Kingdom's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- United Kingdom's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 10.9% from 2022 to 2023.
- How does United Kingdom rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, United Kingdom ranked #113 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does United Kingdom'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 United Kingdom is below the world average. Within Europe & Central Asia, it ranks #22 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.
Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS), CC BY 4.0.