Merchandise imports from low- and middle-income economies in South in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Merchandise imports from low- and middle-income economies in South was 7.4% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in South in Heavily indebted poor countries (HIPC), 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in south in Heavily indebted poor countries (HIPC) stood at 7.4%.
That represents a change of down 5.3% on the previous year and up 0.0% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in south in Heavily indebted poor countries (HIPC) peaked at 8.3% in 2021 and was at its lowest, 1.4%, in 1972.
That places Heavily indebted poor countries (HIPC) 11th out of 47 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 from low- and middle-income economies in South in Heavily indebted poor countries (HIPC), year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 2.8% | — |
| 1961 | 2.7% | -1.1% |
| 1962 | 2.7% | -0.1% |
| 1963 | 2.1% | -21.8% |
| 1964 | 2.3% | +8.9% |
| 1965 | 2.3% | -3.0% |
| 1966 | 2.0% | -12.4% |
| 1967 | 1.9% | -3.6% |
| 1968 | 2.0% | +2.0% |
| 1969 | 2.0% | +1.0% |
| 1970 | 2.0% | +1.2% |
| 1971 | 2.5% | +26.3% |
| 1972 | 1.4% | -46.4% |
| 1973 | 1.6% | +20.1% |
| 1974 | 1.6% | -3.4% |
| 1975 | 1.7% | +5.4% |
| 1976 | 1.9% | +12.1% |
| 1977 | 2.2% | +18.0% |
| 1978 | 2.1% | -3.6% |
| 1979 | 1.9% | -9.3% |
| 1980 | 2.1% | +10.8% |
| 1981 | 2.3% | +10.7% |
| 1982 | 1.7% | -27.9% |
| 1983 | 2.0% | +21.3% |
| 1984 | 1.4% | -29.2% |
| 1985 | 1.4% | -5.2% |
| 1986 | 1.9% | +37.5% |
| 1987 | 2.0% | +3.4% |
| 1988 | 2.3% | +19.9% |
| 1989 | 1.8% | -23.4% |
| 1990 | 1.6% | -8.9% |
| 1991 | 1.6% | -1.4% |
| 1992 | 1.8% | +10.7% |
| 1993 | 1.5% | -13.7% |
| 1994 | 1.8% | +18.7% |
| 1995 | 2.5% | +34.8% |
| 1996 | 2.6% | +4.2% |
| 1997 | 2.7% | +5.6% |
| 1998 | 2.6% | -4.6% |
| 1999 | 2.7% | +4.9% |
| 2000 | 3.0% | +10.8% |
| 2001 | 3.2% | +5.9% |
| 2002 | 4.5% | +41.9% |
| 2003 | 4.8% | +5.8% |
| 2004 | 4.7% | -1.4% |
| 2005 | 5.2% | +9.7% |
| 2006 | 5.8% | +11.5% |
| 2007 | 5.8% | +0.1% |
| 2008 | 5.6% | -2.1% |
| 2009 | 5.5% | -3.0% |
| 2010 | 5.3% | -3.7% |
| 2011 | 6.2% | +17.3% |
| 2012 | 6.7% | +8.1% |
| 2013 | 7.4% | +10.8% |
| 2014 | 7.8% | +4.7% |
| 2015 | 6.8% | -12.1% |
| 2016 | 7.5% | +10.0% |
| 2017 | 7.5% | +0.2% |
| 2018 | 7.4% | -2.1% |
| 2019 | 7.1% | -3.0% |
| 2020 | 7.5% | +5.5% |
| 2021 | 8.3% | +10.2% |
| 2022 | 7.8% | -5.8% |
| 2023 | 7.4% | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.3% | 1.9% | 2.8% | 10 |
| 1970s | 1.9% | 1.4% | 2.5% | 10 |
| 1980s | 1.9% | 1.4% | 2.3% | 10 |
| 1990s | 2.1% | 1.5% | 2.7% | 10 |
| 2000s | 4.8% | 3.0% | 5.8% | 10 |
| 2010s | 7.0% | 5.3% | 7.8% | 10 |
| 2020s | 7.8% | 7.4% | 8.3% | 4 |
Countries ranked near Heavily indebted poor countries (HIPC)
- 8 Liberia 16.6% compare
- 9 Djibouti 16.4% compare
- 10 Bangladesh 15.4% compare
- 11 Tanzania 13.7% compare
- 12 Comoros 13.6% compare
- 13 Sierra Leone 12.5% compare
- 14 Madagascar 12.1% compare
More private sector data for Heavily indebted poor countries (HIPC)
- Merchandise trade 45.6% (2025)
- Food imports 14.9% (2023)
- Manufactures imports 59.9% (2023)
- Merchandise imports 306.76 billion current US$ (2025)
- Food exports 27.0% (2023)
- Manufactures exports 14.1% (2023)
- Merchandise exports 279.71 billion current US$ (2025)
- Merchandise exports (current US$), per capita 289.81 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2176 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 20.37 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in south in Heavily indebted poor countries (HIPC)?
- Merchandise imports from low- and middle-income economies in south in Heavily indebted poor countries (HIPC) was 7.4% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in south recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 8.3% in 2021.
- What is the lowest merchandise imports from low- and middle-income economies in south recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 1.4% in 1972.
- How does Heavily indebted poor countries (HIPC) rank for merchandise imports from low- and middle-income economies in south?
- Heavily indebted poor countries (HIPC) ranks 11th out of 47 groups with data for 2023.
- Is merchandise imports from low- and middle-income economies in south rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 0.0%. The long-run trend across the full record is volatile.
- Where does this Heavily indebted poor countries (HIPC) 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 South Asia (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia 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.