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

Merchandise imports from high-income economies (% of total merchandise imports) in Grenada was 79.13 as of 2020. Its highest value over the past 51 years was 91.39 in 1996, while its lowest value was 70.04 in 1981.

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
1969 85.67
1970 86.89
1971 86.88
1972 83.22
1973 78.92
1974 79.62
1975 81.69
1976 81.11
1978 81.53
1979 80.22
1980 73.43
1981 70.04
1982 71.56
1983 72.80
1984 80.93
1985 81.57
1986 83.15
1987 81.64
1988 84.15
1989 86.97
1990 88.86
1991 87.03
1992 87.09
1993 87.76
1994 87.20
1995 90.21
1996 91.39
1997 89.71
1998 89.09
1999 89.05
2000 76.09
2001 90.64
2002 89.49
2003 89.49
2004 73.38
2005 83.65
2006 82.65
2007 86.15
2008 77.48
2009 80.62
2010 80.84
2011 79.18
2012 76.17
2013 79.81
2014 77.77
2015 83.31
2016 88.16
2017 86.58
2018 87.25
2019 78.31
2020 79.13

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