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

Merchandise imports from high-income economies (% of total merchandise imports) in Saudi Arabia was 57.88 as of 2020. Its highest value over the past 56 years was 90.51 in 1983, while its lowest value was 57.88 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
1964 67.62
1965 65.48
1966 69.97
1967 69.68
1968 65.17
1969 69.00
1970 68.04
1971 67.58
1972 71.11
1973 72.55
1974 67.37
1975 73.43
1976 79.64
1977 78.32
1978 86.99
1979 87.37
1980 88.10
1981 89.39
1982 90.46
1983 90.51
1984 89.33
1985 88.00
1986 86.56
1987 86.25
1988 83.84
1989 84.75
1990 84.77
1991 84.18
1992 84.93
1993 81.27
1994 81.75
1995 79.20
1996 78.12
1997 81.04
1998 79.74
1999 79.25
2000 79.53
2001 79.16
2002 77.02
2003 75.89
2004 74.03
2005 72.16
2006 70.18
2007 70.13
2008 66.73
2009 67.69
2010 65.12
2011 64.28
2012 64.46
2013 64.46
2014 63.21
2015 64.51
2016 63.69
2017 62.17
2018 62.55
2019 59.03
2020 57.88

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