Venezuela, RB: Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)
In , Venezuela, RB's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) was 0.22.
That's down 32.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 1.73 . Venezuela, RB ranks #135 globally out of 191 reporting countries. Within Latin America & Caribbean, it ranks #10 of 35.
Source: World Bank Open Data (TM.VAL.MRCH.R4.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
- 0.38
- Trough
- 0.05
- 1-year change
- -32.9%
- 5-year change
- -3.5%
- -0.7% / yr
- 10-year change
- +43.3%
- +3.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) |
|---|---|
| 0.2174 | |
| 0.3238 | |
| 0.3403 | |
| 0.3817 | |
| 0.2612 | |
| 0.2252 | |
| 0.3441 | |
| 0.2525 | |
| 0.2256 | |
| 0.1247 |
About Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa 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.R4.ZS • Category: Trade & Finance
Frequently asked questions
- What was Venezuela, RB's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in 2023?
- In 2023, Venezuela, RB's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) was 0.22, according to World Bank Open Data.
- Is Venezuela, RB's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) rising or falling?
- Venezuela, RB's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) fell 32.9% from 2022 to 2023.
- How does Venezuela, RB rank globally on Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)?
- In 2023, Venezuela, RB ranked #135 out of 191 countries reporting Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports).
- How does Venezuela, RB's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in 2023 was 1.73, so Venezuela, RB is below the world average. Within Latin America & Caribbean, it ranks #10 of 35.
- What is Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa 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.R4.ZS), CC BY 4.0.