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

Merchandise imports from high-income economies (% of total merchandise imports) in Jamaica was 63.36 as of 2020. Its highest value over the past 60 years was 92.64 in 1960, while its lowest value was 57.39 in 1980.

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 92.64
1961 91.92
1962 91.79
1963 92.23
1964 88.04
1965 86.16
1966 87.68
1967 86.57
1968 88.07
1969 88.07
1970 89.89
1971 88.13
1972 87.39
1973 83.94
1974 75.57
1975 76.13
1976 73.41
1977 67.69
1978 72.54
1979 63.45
1980 57.39
1981 64.04
1982 65.61
1983 63.77
1984 69.67
1985 69.29
1986 78.78
1987 81.25
1988 83.50
1989 81.71
1990 78.42
1991 82.89
1992 80.35
1993 84.49
1994 83.32
1995 86.56
1996 85.70
1997 83.71
1998 84.15
1999 82.23
2000 79.20
2001 78.97
2002 78.04
2003 78.85
2004 73.93
2005 74.60
2006 71.98
2007 71.56
2008 72.07
2009 66.90
2010 65.52
2011 62.23
2012 61.49
2013 61.81
2014 65.72
2015 66.87
2016 70.90
2017 70.59
2018 70.96
2019 68.78
2020 63.36

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