Guatemala - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Guatemala was 52.37 as of 2020. Its highest value over the past 60 years was 82.28 in 1962, while its lowest value was 52.37 in 2020.

Definition: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies 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 staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 81.09
1961 80.17
1962 82.28
1963 82.06
1964 77.22
1965 75.83
1966 73.50
1967 74.65
1968 76.26
1969 71.95
1970 70.11
1971 68.49
1972 66.67
1973 65.33
1974 62.52
1975 65.15
1976 70.10
1977 70.01
1978 65.12
1979 62.60
1980 61.66
1981 64.10
1982 60.64
1983 54.55
1984 57.23
1985 66.59
1986 74.28
1987 73.48
1988 69.72
1989 68.78
1990 67.10
1991 67.86
1992 70.45
1993 70.45
1994 67.53
1995 67.01
1996 66.68
1997 64.50
1998 64.37
1999 63.67
2000 63.19
2001 59.85
2002 73.90
2003 73.11
2004 72.06
2005 69.38
2006 62.00
2007 59.78
2008 59.03
2009 58.49
2010 58.44
2011 59.35
2012 58.12
2013 57.55
2014 60.27
2015 57.33
2016 57.24
2017 57.67
2018 56.16
2019 54.99
2020 52.37

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports