Merchandise imports by the reporting economy in Low income
Low income: Merchandise imports by the reporting economy was 130.04 billion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy in Low income, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy in Low income stood at 130.04 billion current US$.
The figure is up 8.6% on the previous year and up 35.5% over ten years.
Over the whole period, merchandise imports by the reporting economy in Low income peaked at 133.01 billion current US$ in 2010 and was at its lowest, 831.00 million current US$, in 1960.
That places Low income 42nd out of 45 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy in Low income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 831.00 million current US$ | — |
| 1961 | 839.50 million current US$ | +1.0% |
| 1962 | 988.90 million current US$ | +17.8% |
| 1963 | 1.29 billion current US$ | +29.9% |
| 1964 | 1.46 billion current US$ | +13.6% |
| 1965 | 1.50 billion current US$ | +2.8% |
| 1966 | 1.75 billion current US$ | +16.5% |
| 1967 | 1.73 billion current US$ | -0.9% |
| 1968 | 1.92 billion current US$ | +11.1% |
| 1969 | 2.24 billion current US$ | +16.4% |
| 1970 | 2.45 billion current US$ | +9.5% |
| 1971 | 2.44 billion current US$ | -0.5% |
| 1972 | 2.93 billion current US$ | +20.0% |
| 1973 | 3.57 billion current US$ | +22.2% |
| 1974 | 5.04 billion current US$ | +41.1% |
| 1975 | 6.12 billion current US$ | +21.4% |
| 1976 | 6.19 billion current US$ | +1.1% |
| 1977 | 7.34 billion current US$ | +18.6% |
| 1978 | 6.57 billion current US$ | -10.4% |
| 1979 | 7.87 billion current US$ | +19.7% |
| 1980 | 10.23 billion current US$ | +30.1% |
| 1981 | 12.84 billion current US$ | +25.5% |
| 1982 | 11.44 billion current US$ | -10.9% |
| 1983 | 11.42 billion current US$ | -0.2% |
| 1984 | 10.38 billion current US$ | -9.1% |
| 1985 | 10.14 billion current US$ | -2.4% |
| 1986 | 9.70 billion current US$ | -4.4% |
| 1987 | 10.66 billion current US$ | +10.0% |
| 1988 | 10.96 billion current US$ | +2.8% |
| 1989 | 11.18 billion current US$ | +2.0% |
| 1990 | 18.35 billion current US$ | +64.1% |
| 1991 | 18.05 billion current US$ | -1.6% |
| 1992 | 20.10 billion current US$ | +11.4% |
| 1993 | 20.66 billion current US$ | +2.8% |
| 1994 | 21.71 billion current US$ | +5.1% |
| 1995 | 21.60 billion current US$ | -0.5% |
| 1996 | 21.00 billion current US$ | -2.8% |
| 1997 | 19.94 billion current US$ | -5.1% |
| 1998 | 22.66 billion current US$ | +13.7% |
| 1999 | 19.48 billion current US$ | -14.0% |
| 2000 | 30.15 billion current US$ | +54.8% |
| 2001 | 36.81 billion current US$ | +22.1% |
| 2002 | 37.94 billion current US$ | +3.1% |
| 2003 | 41.36 billion current US$ | +9.0% |
| 2004 | 52.78 billion current US$ | +27.6% |
| 2005 | 44.75 billion current US$ | -15.2% |
| 2006 | 53.69 billion current US$ | +20.0% |
| 2007 | 103.00 billion current US$ | +91.8% |
| 2008 | 131.60 billion current US$ | +27.8% |
| 2009 | 116.18 billion current US$ | -11.7% |
| 2010 | 133.01 billion current US$ | +14.5% |
| 2011 | 97.34 billion current US$ | -26.8% |
| 2012 | 93.58 billion current US$ | -3.9% |
| 2013 | 95.95 billion current US$ | +2.5% |
| 2014 | 101.67 billion current US$ | +6.0% |
| 2015 | 91.12 billion current US$ | -10.4% |
| 2016 | 83.43 billion current US$ | -8.4% |
| 2017 | 86.62 billion current US$ | +3.8% |
| 2018 | 96.39 billion current US$ | +11.3% |
| 2019 | 99.24 billion current US$ | +3.0% |
| 2020 | 97.06 billion current US$ | -2.2% |
| 2021 | 100.46 billion current US$ | +3.5% |
| 2022 | 119.74 billion current US$ | +19.2% |
| 2023 | 130.04 billion current US$ | +8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.45 billion current US$ | 831.00 million current US$ | 2.24 billion current US$ | 10 |
| 1970s | 5.05 billion current US$ | 2.44 billion current US$ | 7.87 billion current US$ | 10 |
| 1980s | 10.90 billion current US$ | 9.70 billion current US$ | 12.84 billion current US$ | 10 |
| 1990s | 20.36 billion current US$ | 18.05 billion current US$ | 22.66 billion current US$ | 10 |
| 2000s | 64.83 billion current US$ | 30.15 billion current US$ | 131.60 billion current US$ | 10 |
| 2010s | 97.83 billion current US$ | 83.43 billion current US$ | 133.01 billion current US$ | 10 |
| 2020s | 111.82 billion current US$ | 97.06 billion current US$ | 130.04 billion current US$ | 4 |
Countries ranked near Low income
- 39 South Africa 112.46 billion current US$ compare
- 40 Norway 96.77 billion current US$ compare
- 41 Greece 88.37 billion current US$ compare
- 42 Finland 82.82 billion current US$ compare
- 43 Chile 82.01 billion current US$ compare
- 44 Israel 81.21 billion current US$ compare
- 45 Egypt 73.57 billion current US$ compare
More private sector data for Low income
- Merchandise trade 40.8% (2025)
- Food imports 17.6% (2019)
- Manufactures imports 59.0% (2019)
- Merchandise imports 152.49 billion current US$ (2025)
- Merchandise exports 106.71 billion current US$ (2025)
- Merchandise exports (current US$), per capita 139.04 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.166 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 15.25 % change on previous year (2025)
- Merchandise imports (current US$), per capita 198.69 current US$ per person (2025)
- Merchandise imports (current US$), per unit of GDP 0.2373 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in Low income?
- Merchandise imports by the reporting economy in Low income was 130.04 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Low income?
- The highest recorded value was 133.01 billion current US$ in 2010.
- What is the lowest merchandise imports by the reporting economy recorded in Low income?
- The lowest recorded value was 831.00 million current US$ in 1960.
- How does Low income rank for merchandise imports by the reporting economy?
- Low income ranks 42nd out of 45 groups with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Low income?
- Over the last ten years it is up 35.5%. The long-run trend across the full record is volatile.
- Where does this Low income 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.