Greece - Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in Greece was 37.80 as of 2020. Its highest value over the past 60 years was 46.46 in 2013, while its lowest value was 7.19 in 1962.

Definition: Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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 8.94
1961 8.39
1962 7.19
1963 8.78
1964 7.44
1965 10.04
1966 8.29
1967 10.32
1968 9.38
1969 11.55
1970 10.50
1971 9.39
1972 10.35
1973 13.39
1974 19.49
1975 13.33
1976 13.39
1977 11.69
1978 12.43
1979 17.47
1980 20.28
1981 18.20
1982 17.08
1983 15.17
1984 17.40
1985 17.11
1986 11.80
1987 10.06
1988 7.94
1989 10.43
1990 10.07
1991 12.28
1992 12.74
1993 16.73
1994 17.12
1995 15.01
1996 18.33
1997 16.27
1998 15.09
1999 13.97
2000 18.75
2001 21.26
2002 20.14
2003 19.25
2004 20.12
2005 24.84
2006 25.72
2007 27.36
2008 32.21
2009 27.97
2010 34.15
2011 38.48
2012 42.82
2013 46.46
2014 44.65
2015 40.05
2016 38.73
2017 40.47
2018 43.68
2019 42.54
2020 37.80

Development Relevance: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets.

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