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

Merchandise imports from high-income economies (% of total merchandise imports) in IBRD only was 58.32 as of 2020. Its highest value over the past 60 years was 80.42 in 1961, while its lowest value was 58.32 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 80.42
1962 78.76
1963 77.89
1964 76.51
1965 76.52
1966 77.74
1967 78.23
1968 78.44
1969 77.27
1970 72.15
1971 72.59
1972 72.22
1973 73.54
1974 74.34
1975 75.96
1976 74.60
1977 73.52
1978 73.88
1979 72.33
1980 71.89
1981 75.24
1982 75.07
1983 73.78
1984 72.73
1985 72.33
1986 74.92
1987 73.71
1988 74.81
1989 74.91
1990 77.60
1991 80.20
1992 79.77
1993 80.31
1994 77.93
1995 75.55
1996 75.04
1997 76.51
1998 77.19
1999 77.50
2000 74.66
2001 73.55
2002 72.55
2003 70.71
2004 69.15
2005 66.97
2006 65.99
2007 64.48
2008 62.96
2009 63.04
2010 62.11
2011 60.34
2012 59.78
2013 60.21
2014 60.00
2015 60.00
2016 60.22
2017 59.60
2018 59.28
2019 58.64
2020 58.32

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