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

Merchandise imports from high-income economies (% of total merchandise imports) in Burkina Faso was 40.51 as of 2020. Its highest value over the past 59 years was 100.00 in 1965, while its lowest value was 28.43 in 2014.

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
1961 100.00
1962 66.57
1963 61.20
1964 100.00
1965 100.00
1966 56.68
1967 58.54
1968 51.72
1969 63.02
1970 65.29
1971 68.49
1972 64.40
1973 68.31
1974 73.32
1975 69.00
1976 72.18
1977 74.62
1978 73.32
1979 67.84
1980 68.01
1981 63.84
1982 59.52
1983 59.86
1984 54.73
1985 58.37
1986 63.54
1987 62.83
1988 62.61
1989 58.03
1990 57.32
1991 42.36
1992 55.52
1993 54.02
1994 58.24
1995 55.99
1996 56.60
1997 59.95
1998 45.10
1999 51.06
2000 54.64
2001 52.92
2002 49.49
2003 39.39
2004 37.76
2005 44.89
2006 39.54
2007 38.32
2008 39.89
2009 44.95
2010 42.76
2011 44.46
2012 45.86
2013 49.82
2014 28.43
2015 49.27
2016 41.95
2017 45.71
2018 41.54
2019 47.19
2020 40.51

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