Merchandise imports from low- and middle-income economies in Latin in Nepal

Nepal: Merchandise imports from low- and middle-income economies in Latin was 1.2% in 2023. ◆ Volatile

Latest (2023)
1.2%
Change on year
down 55.8%
World rank
130th
of 206 countries
All-time high
16.7%
in 1999
All-time low
0.0%
in 1985
Years of data
39
1983–2023

Merchandise imports from low- and middle-income economies in Latin in Nepal, 1983–2023

0510151983200320231983: 0.005 % of total merchandise imports1984: 0.008 % of total merchandise imports1985: 0.004 % of total merchandise imports1988: 0.005 % of total merchandise imports1989: 0.54 % of total merchandise imports1990: 0.499 % of total merchandise imports1991: 0.037 % of total merchandise imports1992: 1.5 % of total merchandise imports1993: 0.087 % of total merchandise imports1994: 0.621 % of total merchandise imports1995: 0.509 % of total merchandise imports1996: 1.6 % of total merchandise imports1997: 0.966 % of total merchandise imports1998: 0.347 % of total merchandise imports1999: 16.7 % of total merchandise imports2000: 0.888 % of total merchandise imports2001: 0.535 % of total merchandise imports2002: 0.676 % of total merchandise imports2003: 0.815 % of total merchandise imports2004: 1.1 % of total merchandise imports2005: 1.3 % of total merchandise imports2006: 1.5 % of total merchandise imports2007: 1.9 % of total merchandise imports2008: 2.1 % of total merchandise imports2009: 2.4 % of total merchandise imports2010: 1.9 % of total merchandise imports2011: 2.3 % of total merchandise imports2012: 2.5 % of total merchandise imports2013: 4.9 % of total merchandise imports2014: 2.1 % of total merchandise imports2015: 1.8 % of total merchandise imports2016: 2 % of total merchandise imports2017: 2 % of total merchandise imports2018: 1.1 % of total merchandise imports2019: 1.3 % of total merchandise imports2020: 2.7 % of total merchandise imports2021: 3.9 % of total merchandise imports2022: 2.6 % of total merchandise imports2023: 1.2 % of total merchandise imports

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.

Analysis

In 2023, merchandise imports from low- and middle-income economies in latin in Nepal stood at 1.2%.

The figure is down 55.8% on the previous year and down 75.9% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies in latin in Nepal peaked at 16.7% in 1999 and was at its lowest, 0.0%, in 1985.

That places Nepal 130th out of 206 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise imports from low- and middle-income economies in Latin in Nepal, year by year

Annual values for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in Nepal, 1983 to 2023.
Year % of total merchandise imports Change
1983 0.0%
1984 0.0% +80.6%
1985 0.0% -55.7%
1988 0.0% +28.0%
1989 0.5% +11139.9%
1990 0.5% -7.5%
1991 0.0% -92.5%
1992 1.5% +4025.2%
1993 0.1% -94.3%
1994 0.6% +612.3%
1995 0.5% -18.1%
1996 1.6% +211.0%
1997 1.0% -38.9%
1998 0.3% -64.1%
1999 16.7% +4709.1%
2000 0.9% -94.7%
2001 0.5% -39.8%
2002 0.7% +26.5%
2003 0.8% +20.5%
2004 1.1% +31.4%
2005 1.3% +23.5%
2006 1.5% +12.3%
2007 1.9% +26.0%
2008 2.1% +12.0%
2009 2.4% +15.0%
2010 1.9% -19.8%
2011 2.3% +17.3%
2012 2.5% +10.8%
2013 4.9% +93.2%
2014 2.1% -55.9%
2015 1.8% -14.8%
2016 2.0% +6.9%
2017 2.0% +0.4%
2018 1.1% -42.2%
2019 1.3% +11.0%
2020 2.7% +117.2%
2021 3.9% +42.0%
2022 2.6% -31.8%
2023 1.2% -55.8%

Nepal compared with similar countries

  • Nepal's 1.2% is below the median for lower middle income countries, which is 2.1%, 56% of the median. (47 countries reporting)
  • Nepal's 1.2% is above the median for South Asia, which is 1.0%, 1.2× the median. (6 countries reporting)

Biggest year-on-year movements

Years where Merchandise imports from low- and middle-income economies in Latin in Nepal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1989 +11139.9% 0.0% 0.5%
1999 +4709.1% 0.3% 16.7%
1992 +4025.2% 0.0% 1.5%
1994 +612.3% 0.1% 0.6%

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.1% 0.0% 0.5% 5
1990s 2.3% 0.0% 16.7% 10
2000s 1.3% 0.5% 2.4% 10
2010s 2.2% 1.1% 4.9% 10
2020s 2.6% 1.2% 3.9% 4

Countries ranked near Nepal

  1. 127 North Macedonia 1.2% compare
  2. 128 Poland 1.2% compare
  3. 129 Ukraine 1.2% compare
  4. 131 Benin 1.2% compare
  5. 132 Palestine, State of 1.1% compare
  6. 133 Myanmar 1.1% compare

See the full ranking of 253 places →

More private sector data for Nepal

All data for Nepal →

Frequently asked questions

What is merchandise imports from low- and middle-income economies in latin in Nepal?
Merchandise imports from low- and middle-income economies in latin in Nepal was 1.2% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports from low- and middle-income economies in latin recorded in Nepal?
The highest recorded value was 16.7% in 1999.
What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Nepal?
The lowest recorded value was 0.0% in 1985.
How does Nepal rank for merchandise imports from low- and middle-income economies in latin?
Nepal ranks 130th out of 206 countries with data for 2023.
Is merchandise imports from low- and middle-income economies in latin rising or falling in Nepal?
Over the last ten years it is down 75.9%. The long-run trend across the full record is volatile.
Where does this Nepal data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from low- and middle-income economies in Latin in Nepal. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 15 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/nepal/

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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.