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

Merchandise imports from high-income economies (% of total merchandise imports) in Norway was 71.12 as of 2020. Its highest value over the past 60 years was 92.00 in 1986, while its lowest value was 71.12 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 85.84
1961 86.65
1962 84.79
1963 87.49
1964 86.85
1965 86.92
1966 87.33
1967 88.31
1968 87.57
1969 87.70
1970 88.27
1971 87.71
1972 87.63
1973 87.69
1974 87.62
1975 87.86
1976 87.24
1977 88.33
1978 87.34
1979 88.48
1980 89.60
1981 90.71
1982 90.16
1983 90.36
1984 89.64
1985 90.66
1986 92.00
1987 90.92
1988 88.84
1989 86.73
1990 86.98
1991 88.41
1992 89.84
1993 89.38
1994 88.43
1995 88.60
1996 88.83
1997 89.95
1998 91.11
1999 90.06
2000 88.15
2001 88.86
2002 88.47
2003 87.57
2004 86.31
2005 85.21
2006 85.14
2007 84.88
2008 83.95
2009 82.64
2010 81.07
2011 80.79
2012 79.94
2013 79.71
2014 80.15
2015 78.56
2016 78.83
2017 79.11
2018 80.58
2019 78.16
2020 71.12

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