Europe & Central Asia (IDA & IBRD countries) vs Somalia: Merchandise imports from low- and middle-income economies in Latin

Europe & Central Asia (IDA & IBRD countries)
1.5%
in 2023
Somalia
4.7%
in 2023
Europe & Central Asia (IDA & IBRD countries) rank
44th
Somalia rank
45th

Merchandise imports from low- and middle-income economies in Latin over time

  • Europe & Central Asia (IDA & IBRD countries)
  • Somalia
051015196019912023

How they compare

Somalia currently reports 4.7% against 1.5% in Europe & Central Asia (IDA & IBRD countries), a difference of 3.2%.

That makes Somalia's figure about 3.1 times Europe & Central Asia (IDA & IBRD countries)'s.

The two have swapped places 15 times across 48 shared years of data; in 1962 it was Europe & Central Asia (IDA & IBRD countries) ahead.

Europe & Central Asia (IDA & IBRD countries) ranks 44th and Somalia ranks 45th of 47 groups.

Across the 7 decades both report, Europe & Central Asia (IDA & IBRD countries) averaged higher in 3 and Somalia in 4.

Head to head by decade

Decade Europe & Central Asia (IDA & IBRD countries) Somalia Difference Ahead
1960s 1.5% 0.3% 1.2% Europe & Central Asia (IDA & IBRD countries)
1970s 2.2% 1.4% 0.8% Europe & Central Asia (IDA & IBRD countries)
1980s 3.2% 1.1% 2.1% Europe & Central Asia (IDA & IBRD countries)
1990s 1.7% 6.4% 4.7% Somalia
2000s 1.8% 9.6% 7.8% Somalia
2010s 1.8% 2.3% 0.5% Somalia
2020s 1.7% 2.5% 0.7% Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports from low- and middle-income economies in latin, Europe & Central Asia (IDA & IBRD countries) or Somalia?
Somalia, at 4.7% against 1.5% in Europe & Central Asia (IDA & IBRD countries) as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in latin between Europe & Central Asia (IDA & IBRD countries) and Somalia?
3.2%, with Somalia ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Somalia?
48 years are reported by both, from 1962 to 2023.
How do Europe & Central Asia (IDA & IBRD countries) and Somalia rank globally for merchandise imports from low- and middle-income economies in latin?
Europe & Central Asia (IDA & IBRD countries) ranks 44th and Somalia ranks 45th of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (IDA & IBRD countries) vs Somalia: Merchandise imports from low- and middle-income economies in Latin. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/europe-and-central-asia-ida-and-ibrd-countries/somalia-fed-rep/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,628 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region 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.