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West Bank and Gaza: Merchandise imports by the reporting economy, residual (% of total merchandise imports)

In , West Bank and Gaza's Merchandise imports by the reporting economy, residual (% of total merchandise imports) was 0.00.

That's down 90.1% from 2022, the highest value since .

The global average for this indicator in 2023 was 0.08 . West Bank and Gaza ranks #112 globally out of 205 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #13 of 23.

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

Trend (2004–2023)

West Bank and Gaza Merchandise imports by the reporting economy, residual (% 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
0.01
Trough
0.00
1-year change
-90.1%
5-year change
-62.0%
-17.6% / yr
10-year change
+14,300.0%
+64.4% / yr

Historical Data — Last 10 Years

Year Merchandise imports by the reporting economy, residual (% of total merchandise imports)
0.0001
0.0014
0.0005
0.0006
0.0000
0.0004
0.0000
0.0005
0.0019
0.0022

About Merchandise imports by the reporting economy, residual (% of total merchandise imports)

Merchandise imports by the reporting economy residuals are the total merchandise imports by the reporting economy from the rest of the world as reported in the IMF's Direction of trade database, less the sum of imports by the reporting economy from high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise imports by the economy.

Indicator code: TM.VAL.MRCH.RS.ZSCategory: Trade & Finance

Frequently asked questions

What was West Bank and Gaza's Merchandise imports by the reporting economy, residual (% of total merchandise imports) in 2023?
In 2023, West Bank and Gaza's Merchandise imports by the reporting economy, residual (% of total merchandise imports) was 0.00, according to World Bank Open Data.
Is West Bank and Gaza's Merchandise imports by the reporting economy, residual (% of total merchandise imports) rising or falling?
West Bank and Gaza's Merchandise imports by the reporting economy, residual (% of total merchandise imports) fell 90.1% from 2022 to 2023.
How does West Bank and Gaza rank globally on Merchandise imports by the reporting economy, residual (% of total merchandise imports)?
In 2023, West Bank and Gaza ranked #112 out of 205 countries reporting Merchandise imports by the reporting economy, residual (% of total merchandise imports).
How does West Bank and Gaza's Merchandise imports by the reporting economy, residual (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports by the reporting economy, residual (% of total merchandise imports) in 2023 was 0.08, so West Bank and Gaza is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #13 of 23.
What is Merchandise imports by the reporting economy, residual (% of total merchandise imports) and how is it measured?
Merchandise imports by the reporting economy residuals are the total merchandise imports by the reporting economy from the rest of the world as reported in the IMF's Direction of trade database, less the sum of imports by the reporting economy from high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise imports by the economy.
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Source: World Bank Open Data (TM.VAL.MRCH.RS.ZS), CC BY 4.0.