St. Vincent and the Grenadines - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in St. Vincent and the Grenadines was 80.52 as of 2020. Its highest value over the past 43 years was 90.76 in 2002, while its lowest value was 75.76 in 2014.

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
1977 77.53
1978 81.41
1979 82.74
1980 84.42
1981 83.34
1982 85.62
1983 85.91
1984 81.36
1985 83.94
1986 90.04
1987 89.44
1988 88.85
1989 90.10
1990 90.39
1991 89.84
1992 89.69
1993 88.89
1994 89.71
1995 88.60
1996 88.39
1997 89.73
1998 90.67
1999 90.54
2000 89.54
2001 90.65
2002 90.76
2003 88.48
2004 89.31
2005 87.36
2006 85.59
2007 84.59
2008 82.99
2009 83.75
2010 82.76
2011 85.88
2012 81.58
2013 79.29
2014 75.76
2015 78.66
2016 81.16
2017 80.97
2018 81.32
2019 81.35
2020 80.52

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