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

Merchandise imports from high-income economies (% of total merchandise imports) in Spain was 71.14 as of 2020. Its highest value over the past 60 years was 83.74 in 1998, while its lowest value was 59.29 in 1985.

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 73.62
1961 77.39
1962 78.08
1963 77.17
1964 78.44
1965 80.19
1966 79.62
1967 78.83
1968 76.69
1969 76.18
1970 75.78
1971 75.28
1972 77.20
1973 77.92
1974 76.54
1975 74.79
1976 72.54
1977 68.15
1978 70.35
1979 71.38
1980 66.87
1981 66.63
1982 67.85
1983 62.14
1984 62.98
1985 59.29
1986 73.55
1987 75.87
1988 79.20
1989 78.98
1990 79.55
1991 77.72
1992 80.59
1993 80.15
1994 79.56
1995 79.54
1996 79.56
1997 82.18
1998 83.74
1999 83.69
2000 80.77
2001 80.89
2002 80.95
2003 80.84
2004 79.96
2005 76.68
2006 74.39
2007 74.45
2008 71.40
2009 73.94
2010 70.97
2011 69.28
2012 66.35
2013 67.24
2014 68.70
2015 71.50
2016 72.55
2017 70.94
2018 69.78
2019 70.13
2020 71.14

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