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

Merchandise imports from high-income economies (% of total merchandise imports) in Equatorial Guinea was 62.44 as of 2020. Its highest value over the past 46 years was 94.31 in 1981, while its lowest value was 22.45 in 1975.

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
1974 91.03
1975 22.45
1976 67.87
1977 65.00
1981 94.31
1982 91.81
1983 65.00
1984 77.93
1985 65.00
1986 65.00
1987 72.96
1988 55.68
1989 46.54
1990 50.11
1991 54.38
1992 85.38
1993 71.23
1994 72.82
1995 74.46
1996 68.50
1997 80.48
1998 87.83
1999 91.62
2000 83.23
2001 83.54
2002 88.81
2003 84.48
2004 80.55
2005 81.30
2006 78.76
2007 61.58
2008 57.56
2009 58.79
2010 56.33
2011 62.13
2012 57.36
2013 71.31
2014 64.43
2015 64.99
2016 65.53
2017 62.02
2018 66.58
2019 73.41
2020 62.44

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