Merchandise imports by the reporting economy in Late-demographic dividend
Late-demographic dividend: Merchandise imports by the reporting economy was 5.74 trillion current US$ in 2023. ◆ Volatile
Latest (2023)
5.74 trillion current US$
Change on year
down 2.8%
Rank
12th
of 45 groups
All-time high
5.90 trillion current US$
in 2022
All-time low
6.30 billion current US$
in 1960
Years of data
64
1960–2023
Merchandise imports by the reporting economy in Late-demographic dividend, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Late-demographic dividend recorded 5.74 trillion current US$ for merchandise imports by the reporting economy in 2023.
The figure is down 2.8% on the previous year and up 39.1% over ten years.
Over the whole period, merchandise imports by the reporting economy in Late-demographic dividend peaked at 5.90 trillion current US$ in 2022 and was at its lowest, 6.30 billion current US$, in 1960.
That places Late-demographic dividend 12th out of 45 groups with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy in Late-demographic dividend, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 6.30 billion current US$ | — |
| 1961 | 7.29 billion current US$ | +15.8% |
| 1962 | 6.58 billion current US$ | -9.8% |
| 1963 | 7.49 billion current US$ | +13.9% |
| 1964 | 7.86 billion current US$ | +4.9% |
| 1965 | 7.54 billion current US$ | -4.1% |
| 1966 | 9.47 billion current US$ | +25.7% |
| 1967 | 10.99 billion current US$ | +16.1% |
| 1968 | 12.03 billion current US$ | +9.5% |
| 1969 | 13.49 billion current US$ | +12.1% |
| 1970 | 17.13 billion current US$ | +27.0% |
| 1971 | 19.51 billion current US$ | +13.9% |
| 1972 | 23.52 billion current US$ | +20.5% |
| 1973 | 33.33 billion current US$ | +41.7% |
| 1974 | 54.74 billion current US$ | +64.2% |
| 1975 | 58.53 billion current US$ | +6.9% |
| 1976 | 63.98 billion current US$ | +9.3% |
| 1977 | 73.19 billion current US$ | +14.4% |
| 1978 | 93.11 billion current US$ | +27.2% |
| 1979 | 119.49 billion current US$ | +28.3% |
| 1980 | 144.28 billion current US$ | +20.7% |
| 1981 | 152.83 billion current US$ | +5.9% |
| 1982 | 137.35 billion current US$ | -10.1% |
| 1983 | 132.06 billion current US$ | -3.8% |
| 1984 | 134.66 billion current US$ | +2.0% |
| 1985 | 143.29 billion current US$ | +6.4% |
| 1986 | 143.18 billion current US$ | -0.1% |
| 1987 | 156.25 billion current US$ | +9.1% |
| 1988 | 186.01 billion current US$ | +19.0% |
| 1989 | 212.95 billion current US$ | +14.5% |
| 1990 | 237.29 billion current US$ | +11.4% |
| 1991 | 267.56 billion current US$ | +12.8% |
| 1992 | 348.50 billion current US$ | +30.3% |
| 1993 | 406.20 billion current US$ | +16.6% |
| 1994 | 474.39 billion current US$ | +16.8% |
| 1995 | 588.20 billion current US$ | +24.0% |
| 1996 | 629.44 billion current US$ | +7.0% |
| 1997 | 661.41 billion current US$ | +5.1% |
| 1998 | 622.14 billion current US$ | -5.9% |
| 1999 | 640.90 billion current US$ | +3.0% |
| 2000 | 741.20 billion current US$ | +15.6% |
| 2001 | 770.05 billion current US$ | +3.9% |
| 2002 | 843.17 billion current US$ | +9.5% |
| 2003 | 1.04 trillion current US$ | +23.9% |
| 2004 | 1.36 trillion current US$ | +30.0% |
| 2005 | 1.60 trillion current US$ | +18.1% |
| 2006 | 1.94 trillion current US$ | +20.8% |
| 2007 | 2.43 trillion current US$ | +25.3% |
| 2008 | 3.00 trillion current US$ | +23.6% |
| 2009 | 2.34 trillion current US$ | -21.8% |
| 2010 | 3.03 trillion current US$ | +29.1% |
| 2011 | 3.75 trillion current US$ | +23.9% |
| 2012 | 3.99 trillion current US$ | +6.3% |
| 2013 | 4.12 trillion current US$ | +3.5% |
| 2014 | 4.13 trillion current US$ | +0.1% |
| 2015 | 3.45 trillion current US$ | -16.5% |
| 2016 | 3.40 trillion current US$ | -1.3% |
| 2017 | 3.97 trillion current US$ | +16.7% |
| 2018 | 4.48 trillion current US$ | +12.9% |
| 2019 | 4.41 trillion current US$ | -1.6% |
| 2020 | 4.19 trillion current US$ | -5.0% |
| 2021 | 5.44 trillion current US$ | +29.9% |
| 2022 | 5.90 trillion current US$ | +8.4% |
| 2023 | 5.74 trillion current US$ | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.90 billion current US$ | 6.30 billion current US$ | 13.49 billion current US$ | 10 |
| 1970s | 55.65 billion current US$ | 17.13 billion current US$ | 119.49 billion current US$ | 10 |
| 1980s | 154.29 billion current US$ | 132.06 billion current US$ | 212.95 billion current US$ | 10 |
| 1990s | 487.60 billion current US$ | 237.29 billion current US$ | 661.41 billion current US$ | 10 |
| 2000s | 1.61 trillion current US$ | 741.20 billion current US$ | 3.00 trillion current US$ | 10 |
| 2010s | 3.87 trillion current US$ | 3.03 trillion current US$ | 4.48 trillion current US$ | 10 |
| 2020s | 5.32 trillion current US$ | 4.19 trillion current US$ | 5.90 trillion current US$ | 4 |
Countries ranked near Late-demographic dividend
- 9 Hong Kong 655.42 billion current US$ compare
- 10 Republic of Korea 640.41 billion current US$ compare
- 11 Italy 634.52 billion current US$ compare
- 12 Mexico 633.53 billion current US$ compare
- 13 Canada 585.79 billion current US$ compare
- 14 Belgium 555.30 billion current US$ compare
- 15 Spain 468.47 billion current US$ compare
More private sector data for Late-demographic dividend
- Merchandise trade 43.3% (2025)
- Food imports 8.9% (2024)
- Manufactures imports 59.4% (2024)
- Merchandise imports 6.71 trillion current US$ (2025)
- Food exports 7.6% (2024)
- Manufactures exports 76.8% (2024)
- Merchandise exports 8.30 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 3,560 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2603 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.18 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in Late-demographic dividend?
- Merchandise imports by the reporting economy in Late-demographic dividend was 5.74 trillion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Late-demographic dividend?
- The highest recorded value was 5.90 trillion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy recorded in Late-demographic dividend?
- The lowest recorded value was 6.30 billion current US$ in 1960.
- How does Late-demographic dividend rank for merchandise imports by the reporting economy?
- Late-demographic dividend ranks 12th out of 45 groups with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Late-demographic dividend?
- Over the last ten years it is up 39.1%. The long-run trend across the full record is volatile.
- Where does this Late-demographic dividend data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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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.