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

Merchandise imports from high-income economies (% of total merchandise imports) in Liberia was 23.04 as of 2020. Its highest value over the past 54 years was 97.52 in 1998, while its lowest value was 23.04 in 2019.

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
1966 92.53
1967 76.27
1968 91.81
1969 91.41
1970 89.82
1971 91.20
1972 91.01
1973 87.92
1974 91.40
1975 93.27
1976 92.74
1977 88.64
1978 85.18
1979 89.30
1980 91.34
1981 92.05
1982 90.51
1983 80.19
1984 76.26
1985 76.26
1986 91.68
1987 95.04
1988 81.61
1989 91.46
1990 91.00
1991 92.05
1992 89.62
1993 96.95
1994 95.32
1995 95.94
1996 88.54
1997 94.32
1998 97.52
1999 93.59
2000 32.99
2001 33.00
2002 33.00
2003 32.99
2004 32.99
2005 33.00
2006 33.00
2007 33.00
2008 33.00
2009 33.00
2010 33.00
2011 33.00
2012 33.00
2013 33.00
2014 33.00
2015 33.00
2016 33.00
2017 33.00
2018 30.83
2019 23.04
2020 23.04

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