Merchandise imports from low- and middle-income economies in South in World
World: Merchandise imports from low- and middle-income economies in South was 2.3% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in South in World, 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 World stood at 2.3%.
The figure is down 1.7% on the previous year and up 16.9% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in south in World peaked at 2.3% in 2022 and was at its lowest, 0.7%, in 1980.
That places World 28th out of 47 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise imports from low- and middle-income economies in South in World, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 2.1% | — |
| 1961 | 2.0% | -4.6% |
| 1962 | 1.9% | -4.4% |
| 1963 | 1.9% | +0.3% |
| 1964 | 1.7% | -12.0% |
| 1965 | 1.6% | -6.1% |
| 1966 | 1.4% | -11.2% |
| 1967 | 1.4% | -5.5% |
| 1968 | 1.3% | -3.6% |
| 1969 | 1.2% | -8.5% |
| 1970 | 1.1% | -9.8% |
| 1971 | 1.0% | -6.6% |
| 1972 | 1.0% | -4.5% |
| 1973 | 1.0% | +0.3% |
| 1974 | 0.8% | -14.3% |
| 1975 | 0.8% | +2.9% |
| 1976 | 1.0% | +14.0% |
| 1977 | 0.9% | -6.7% |
| 1978 | 0.8% | -6.7% |
| 1979 | 0.8% | -3.6% |
| 1980 | 0.7% | -13.0% |
| 1981 | 0.7% | +4.1% |
| 1982 | 0.8% | +11.4% |
| 1983 | 0.9% | +7.2% |
| 1984 | 0.9% | -1.5% |
| 1985 | 0.8% | -4.8% |
| 1986 | 0.8% | -2.8% |
| 1987 | 0.8% | +3.2% |
| 1988 | 0.8% | +2.6% |
| 1989 | 0.9% | +1.2% |
| 1990 | 0.9% | +1.2% |
| 1991 | 0.9% | +5.1% |
| 1992 | 1.0% | +4.8% |
| 1993 | 1.1% | +13.2% |
| 1994 | 1.1% | -1.7% |
| 1995 | 1.1% | +0.2% |
| 1996 | 1.1% | +5.8% |
| 1997 | 1.1% | -2.3% |
| 1998 | 1.1% | +1.4% |
| 1999 | 1.1% | -4.1% |
| 2000 | 1.1% | +1.5% |
| 2001 | 1.1% | +4.7% |
| 2002 | 1.2% | +4.6% |
| 2003 | 1.2% | +4.3% |
| 2004 | 1.3% | +7.4% |
| 2005 | 1.4% | +3.1% |
| 2006 | 1.4% | +2.8% |
| 2007 | 1.5% | +5.8% |
| 2008 | 1.6% | +8.2% |
| 2009 | 1.7% | +6.6% |
| 2010 | 1.9% | +8.4% |
| 2011 | 2.0% | +5.3% |
| 2012 | 1.9% | -2.9% |
| 2013 | 1.9% | +0.7% |
| 2014 | 2.0% | +1.5% |
| 2015 | 2.0% | +4.2% |
| 2016 | 2.1% | +1.1% |
| 2017 | 2.1% | +1.1% |
| 2018 | 2.1% | +0.0% |
| 2019 | 2.2% | +3.8% |
| 2020 | 2.0% | -5.5% |
| 2021 | 2.2% | +8.8% |
| 2022 | 2.3% | +3.0% |
| 2023 | 2.3% | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.7% | 1.2% | 2.1% | 10 |
| 1970s | 0.9% | 0.8% | 1.1% | 10 |
| 1980s | 0.8% | 0.7% | 0.9% | 10 |
| 1990s | 1.0% | 0.9% | 1.1% | 10 |
| 2000s | 1.4% | 1.1% | 1.7% | 10 |
| 2010s | 2.0% | 1.9% | 2.2% | 10 |
| 2020s | 2.2% | 2.0% | 2.3% | 4 |
Countries ranked near World
More private sector data for World
- Merchandise trade 43.9% (2025)
- Food imports 8.9% (2024)
- Manufactures imports 67.4% (2024)
- Merchandise imports 26.69 trillion current US$ (2025)
- Food exports 9.1% (2024)
- Manufactures exports 69.3% (2024)
- Merchandise exports 26.39 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 3,212 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.223 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.17 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in south in World?
- Merchandise imports from low- and middle-income economies in south in World was 2.3% 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 World?
- The highest recorded value was 2.3% in 2022.
- What is the lowest merchandise imports from low- and middle-income economies in south recorded in World?
- The lowest recorded value was 0.7% in 1980.
- How does World rank for merchandise imports from low- and middle-income economies in south?
- World ranks 28th out of 47 groups with data for 2023.
- Is merchandise imports from low- and middle-income economies in south rising or falling in World?
- Over the last ten years it is up 16.9%. The long-run trend across the full record is rising.
- Where does this World 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.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.