Venezuela, RB: Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
In , Venezuela, RB's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) was 34.35.
That's up 9.9% from 2022, the highest value on record.
The global average for this indicator in 2023 was 20.25 . Venezuela, RB ranks #27 globally out of 205 reporting countries. Within Latin America & Caribbean, it ranks #3 of 36.
Source: World Bank Open Data (TM.VAL.MRCH.R1.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
Highlights
- Peak
- 34.35
- Trough
- 3.40
- 1-year change
- +9.9%
- 5-year change
- +188.6%
- +23.6% / yr
- 10-year change
- +74.7%
- +5.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) |
|---|---|
| 34.3467 | |
| 31.2581 | |
| 30.1225 | |
| 24.8783 | |
| 27.6778 | |
| 11.9004 | |
| 18.7618 | |
| 18.0793 | |
| 19.0770 | |
| 16.8902 |
About Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific 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.R1.ZS • Category: Trade & Finance
Frequently asked questions
- What was Venezuela, RB's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in 2023?
- In 2023, Venezuela, RB's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) was 34.35, according to World Bank Open Data.
- Is Venezuela, RB's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) rising or falling?
- Venezuela, RB's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) rose 9.9% from 2022 to 2023.
- How does Venezuela, RB rank globally on Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)?
- In 2023, Venezuela, RB ranked #27 out of 205 countries reporting Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports).
- How does Venezuela, RB's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in 2023 was 20.25, so Venezuela, RB is above the world average. Within Latin America & Caribbean, it ranks #3 of 36.
- What is Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific 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.
Source: World Bank Open Data (TM.VAL.MRCH.R1.ZS), CC BY 4.0.