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

Merchandise imports from high-income economies (% of total merchandise imports) in Dominican Republic was 60.68 as of 2020. Its highest value over the past 60 years was 93.37 in 1961, while its lowest value was 13.65 in 1996.

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 89.56
1961 93.37
1962 89.41
1963 89.64
1965 91.63
1966 84.44
1967 86.93
1968 85.93
1977 71.76
1978 71.47
1979 69.26
1980 70.48
1981 63.72
1982 60.60
1983 57.98
1984 53.64
1985 58.76
1986 74.18
1987 74.18
1988 74.18
1989 74.18
1990 69.91
1991 73.35
1992 74.76
1993 73.36
1994 25.17
1995 20.53
1996 13.65
1997 75.92
1998 82.75
1999 82.53
2000 78.10
2001 77.75
2002 75.55
2003 74.55
2004 69.15
2005 67.90
2006 66.67
2007 67.23
2008 63.03
2009 68.55
2010 63.59
2011 59.02
2012 63.17
2013 62.75
2014 63.67
2015 63.78
2016 65.19
2017 65.45
2018 64.57
2019 63.81
2020 60.68

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