Lower middle income - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in Lower middle income was $1,798,360,000,000 as of 2020. Over the past 43 years, the value for this indicator has fluctuated between $2,152,840,000,000 in 2018 and $117,960,000,000 in 1977.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1977 $117,960,000,000
1978 $127,482,000,000
1979 $136,233,000,000
1980 $170,800,000,000
1981 $182,598,000,000
1982 $172,843,000,000
1983 $170,386,000,000
1984 $160,035,000,000
1985 $151,157,000,000
1986 $139,927,000,000
1987 $150,235,000,000
1988 $162,816,000,000
1989 $181,784,000,000
1990 $211,465,000,000
1991 $223,390,000,000
1992 $238,635,000,000
1993 $249,357,000,000
1994 $266,142,000,000
1995 $306,582,000,000
1996 $339,626,000,000
1997 $365,754,000,000
1998 $332,821,000,000
1999 $333,808,000,000
2000 $371,950,000,000
2001 $368,976,000,000
2002 $382,640,000,000
2003 $448,287,000,000
2004 $560,571,000,000
2005 $708,946,000,000
2006 $823,880,000,000
2007 $1,026,270,000,000
2008 $1,358,240,000,000
2009 $1,119,240,000,000
2010 $1,396,760,000,000
2011 $1,734,120,000,000
2012 $1,836,050,000,000
2013 $1,851,470,000,000
2014 $1,875,240,000,000
2015 $1,696,790,000,000
2016 $1,654,740,000,000
2017 $1,903,920,000,000
2018 $2,152,840,000,000
2019 $2,147,710,000,000
2020 $1,798,360,000,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Lower middle income was $1,868,170,000,000 as of 2020. Over the past 53 years, the value for this indicator has fluctuated between $2,194,740,000,000 in 2018 and $18,271,890,000 in 1967.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1967 $18,271,890,000
1968 $18,655,840,000
1969 $20,006,300,000
1970 $23,462,430,000
1971 $25,111,130,000
1972 $27,710,290,000
1973 $38,832,000,000
1974 $63,709,280,000
1975 $87,087,170,000
1976 $93,104,050,000
1977 $108,812,000,000
1978 $113,785,000,000
1979 $127,582,000,000
1980 $174,682,000,000
1981 $189,792,000,000
1982 $180,461,000,000
1983 $183,112,000,000
1984 $164,701,000,000
1985 $163,474,000,000
1986 $155,791,000,000
1987 $150,693,000,000
1988 $171,010,000,000
1989 $189,007,000,000
1990 $211,120,000,000
1991 $202,645,000,000
1992 $218,708,000,000
1993 $227,195,000,000
1994 $248,117,000,000
1995 $307,787,000,000
1996 $336,242,000,000
1997 $357,055,000,000
1998 $330,919,000,000
1999 $331,879,000,000
2000 $366,265,000,000
2001 $382,632,000,000
2002 $409,532,000,000
2003 $479,782,000,000
2004 $594,281,000,000
2005 $721,569,000,000
2006 $854,525,000,000
2007 $1,091,350,000,000
2008 $1,361,380,000,000
2009 $1,221,900,000,000
2010 $1,479,230,000,000
2011 $1,810,160,000,000
2012 $1,896,430,000,000
2013 $1,872,200,000,000
2014 $1,866,840,000,000
2015 $1,696,670,000,000
2016 $1,713,820,000,000
2017 $1,970,040,000,000
2018 $2,194,740,000,000
2019 $2,171,180,000,000
2020 $1,868,170,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Lower middle income was 1,925,710,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 2,190,620,000,000 in 2019 and 160,876,000,000 in 1962.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 184,280,000,000
1961 184,740,000,000
1962 160,876,000,000
1963 179,027,000,000
1964 197,626,000,000
1965 203,177,000,000
1966 216,381,000,000
1967 242,495,000,000
1968 255,426,000,000
1969 263,055,000,000
1970 301,544,000,000
1971 310,154,000,000
1972 319,724,000,000
1973 352,986,000,000
1974 493,905,000,000
1975 647,267,000,000
1976 648,836,000,000
1977 738,585,000,000
1978 617,078,000,000
1979 567,741,000,000
1980 598,669,000,000
1981 605,382,000,000
1982 536,389,000,000
1983 558,120,000,000
1984 467,499,000,000
1985 473,202,000,000
1986 434,399,000,000
1987 421,506,000,000
1988 402,289,000,000
1989 454,016,000,000
1990 518,982,000,000
1991 542,274,000,000
1992 501,109,000,000
1993 491,271,000,000
1994 479,265,000,000
1995 521,442,000,000
1996 572,315,000,000
1997 620,410,000,000
1998 635,243,000,000
1999 575,301,000,000
2000 638,395,000,000
2001 710,141,000,000
2002 773,926,000,000
2003 885,107,000,000
2004 961,612,000,000
2005 1,117,100,000,000
2006 1,266,780,000,000
2007 1,427,610,000,000
2008 1,568,770,000,000
2009 1,436,960,000,000
2010 1,553,140,000,000
2011 1,697,280,000,000
2012 1,730,480,000,000
2013 1,711,220,000,000
2014 1,738,970,000,000
2015 1,696,670,000,000
2016 1,765,390,000,000
2017 2,006,640,000,000
2018 2,182,440,000,000
2019 2,190,620,000,000
2020 1,925,710,000,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Lower middle income was -12.09 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 39.92 in 1974 and a minimum value of -16.45 in 1978.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 0.25
1962 -12.92
1963 11.28
1964 10.39
1965 2.81
1966 6.50
1967 12.07
1968 5.33
1969 2.99
1970 14.63
1971 2.86
1972 3.09
1973 10.40
1974 39.92
1975 31.05
1976 0.24
1977 13.83
1978 -16.45
1979 -8.00
1980 5.45
1981 1.12
1982 -11.40
1983 4.05
1984 -16.24
1985 1.22
1986 -8.20
1987 -2.97
1988 -4.56
1989 12.86
1990 14.31
1991 4.49
1992 -7.59
1993 -1.96
1994 -2.44
1995 8.80
1996 9.76
1997 8.40
1998 2.39
1999 -9.44
2000 10.97
2001 11.24
2002 8.98
2003 14.37
2004 8.64
2005 16.17
2006 13.40
2007 12.70
2008 9.89
2009 -8.40
2010 8.09
2011 9.28
2012 1.96
2013 -1.11
2014 1.62
2015 -2.43
2016 4.05
2017 13.67
2018 8.76
2019 0.37
2020 -12.09

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Lower middle income was 25.30 as of 2020. Its highest value over the past 53 years was 32.34 in 2008, while its lowest value was 12.78 in 1969.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1967 14.00
1968 13.25
1969 12.78
1970 13.56
1971 13.77
1972 13.95
1973 15.89
1974 19.55
1975 24.06
1976 23.11
1977 23.50
1978 22.28
1979 21.72
1980 24.50
1981 22.14
1982 20.45
1983 20.99
1984 19.13
1985 17.83
1986 15.98
1987 15.78
1988 17.56
1989 19.40
1990 20.12
1991 20.50
1992 21.09
1993 21.79
1994 22.10
1995 24.17
1996 23.63
1997 24.55
1998 24.96
1999 23.17
2000 24.30
2001 24.83
2002 24.86
2003 25.34
2004 27.06
2005 28.27
2006 28.23
2007 29.36
2008 32.34
2009 28.57
2010 28.44
2011 30.50
2012 30.44
2013 29.51
2014 28.30
2015 26.27
2016 25.44
2017 27.19
2018 29.87
2019 28.07
2020 25.30

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments