Late-demographic dividend | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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. Development relevance: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
Late-demographic dividend
Records
63
Source
Late-demographic dividend | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
6.57405179 1960
6.84078086 1961
6.77735023 1962
7.78768887 1963
8.60450992 1964
8.16513511 1965
8.30971317 1966
7.91206971 1967
7.97499662 1968
8.11571374 1969
7.65539478 1970
8.46561594 1971
8.72970345 1972
9.10830656 1973
11.9736045 1974
11.99595393 1975
12.57069042 1976
12.97391604 1977
12.31653426 1978
13.82060658 1979
13.82472664 1980
11.80948638 1981
11.56316661 1982
12.36412 1983
12.55407925 1984
12.26742037 1985
9.84699273 1986
10.04377158 1987
9.60741126 1988
9.69741894 1989
8.6845608 1990
7.76036392 1991
10.06933377 1992
11.02630388 1993
9.69252613 1994
9.54545785 1995
10.77490683 1996
10.81564393 1997
10.29399035 1998
10.80785614 1999
11.550715 2000
12.35353514 2001
12.22372481 2002
13.34320833 2003
14.22360999 2004
15.16395497 2005
15.68012743 2006
16.82710384 2007
19.17501616 2008
17.92400829 2009
18.83249811 2010
19.98833506 2011
21.29810939 2012
19.80264834 2013
20.01105029 2014
18.18878627 2015
17.97144167 2016
19.90918606 2017
20.57660985 2018
21.21330252 2019
20.47150008 2020
2021
2022
Late-demographic dividend | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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. Development relevance: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
Late-demographic dividend
Records
63
Source