Heavily indebted poor countries (HIPC) - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Heavily indebted poor countries (HIPC) was 40.01 as of 2020. Its highest value over the past 60 years was 80.40 in 1960, while its lowest value was 40.01 in 2020.

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 80.40
1961 79.63
1962 77.58
1963 76.32
1964 70.80
1965 70.07
1966 72.29
1967 72.27
1968 70.24
1969 70.20
1970 70.62
1971 72.29
1972 70.92
1973 69.47
1974 66.95
1975 69.76
1976 71.10
1977 70.28
1978 71.76
1979 69.86
1980 68.52
1981 68.00
1982 68.94
1983 68.48
1984 66.21
1985 67.09
1986 68.00
1987 69.85
1988 69.02
1989 67.81
1990 68.46
1991 70.33
1992 68.12
1993 67.57
1994 65.83
1995 65.33
1996 62.72
1997 62.92
1998 65.05
1999 61.84
2000 49.69
2001 51.85
2002 50.60
2003 49.17
2004 46.67
2005 44.45
2006 45.23
2007 46.01
2008 44.22
2009 43.72
2010 44.04
2011 41.98
2012 41.81
2013 40.96
2014 41.40
2015 43.39
2016 41.08
2017 41.90
2018 41.29
2019 40.93
2020 40.01

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