Australia vs Lower middle income: Merchandise imports by the reporting economy
Australia
287.89 billion current US$
in 2023
Lower middle income
1.37 trillion current US$
in 2023
Australia rank
22nd
Lower middle income rank
22nd
Merchandise imports by the reporting economy over time
- Australia
- Lower middle income
How they compare
Lower middle income currently reports 1.37 trillion current US$ against 287.89 billion current US$ in Australia, a difference of 1.08 trillion current US$.
That makes Lower middle income's figure about 4.8 times Australia's.
Across all 64 years both countries report, Lower middle income has been ahead every year.
Australia ranks 22nd and Lower middle income ranks 22nd of 206 countries.
Lower middle income has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 3.21 billion current US$ | 9.18 billion current US$ | 5.97 billion current US$ | Lower middle income |
| 1970s | 10.31 billion current US$ | 31.40 billion current US$ | 21.09 billion current US$ | Lower middle income |
| 1980s | 28.14 billion current US$ | 70.91 billion current US$ | 42.76 billion current US$ | Lower middle income |
| 1990s | 56.31 billion current US$ | 124.51 billion current US$ | 68.20 billion current US$ | Lower middle income |
| 2000s | 119.72 billion current US$ | 375.12 billion current US$ | 255.40 billion current US$ | Lower middle income |
| 2010s | 224.17 billion current US$ | 1.01 trillion current US$ | 781.23 billion current US$ | Lower middle income |
| 2020s | 265.48 billion current US$ | 1.24 trillion current US$ | 970.35 billion current US$ | Lower middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports by the reporting economy, Australia or Lower middle income?
- Lower middle income, at 1.37 trillion current US$ against 287.89 billion current US$ in Australia as of 2023.
- What is the difference in merchandise imports by the reporting economy between Australia and Lower middle income?
- 1.08 trillion current US$, with Lower middle income ahead.
- How many years of comparable data are there for Australia and Lower middle income?
- 64 years are reported by both, from 1960 to 2023.
- How do Australia and Lower middle income rank globally for merchandise imports by the reporting economy?
- Australia ranks 22nd and Lower middle income ranks 22nd of 206 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.