Imports Merchandise, Customs, Price, US$, seas. adj. in Upper middle income
Upper middle income: Imports Merchandise, Customs, Price, US$, seas. adj. was 0.6594 in 2023. ▼ Falling
Imports Merchandise, Customs, Price, US$, seas. adj. in Upper middle income, 2006–2023
Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
Analysis
In 2023, imports merchandise, customs, price, us$, seas. adj. in Upper middle income stood at 0.6594. That is the lowest value across all 18 years on record.
That represents a change of down 26.0% on the previous year and down 51.0% over ten years.
Over the whole period, imports merchandise, customs, price, us$, seas. adj. in Upper middle income peaked at 1.37 in 2011 and was at its lowest, 0.6594, in 2023.
The long-run direction has been consistently falling across the 18 years of available data.
Imports Merchandise, Customs, Price, US$, seas. adj. in Upper middle income, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 0.918 | — |
| 2007 | 1.02 | +11.3% |
| 2008 | 1.25 | +22.8% |
| 2009 | 1.08 | -13.8% |
| 2010 | 1.19 | +10.1% |
| 2011 | 1.37 | +15.4% |
| 2012 | 1.37 | -0.1% |
| 2013 | 1.35 | -2.0% |
| 2014 | 1.29 | -4.0% |
| 2015 | 1.09 | -15.5% |
| 2016 | 0.9969 | -8.6% |
| 2017 | 1.03 | +3.0% |
| 2018 | 1.07 | +4.4% |
| 2019 | 1.02 | -5.3% |
| 2020 | 0.9264 | -8.7% |
| 2021 | 1.04 | +12.6% |
| 2022 | 0.8912 | -14.6% |
| 2023 | 0.6594 | -26.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.07 | 0.918 | 1.25 | 4 |
| 2010s | 1.18 | 0.9969 | 1.37 | 10 |
| 2020s | 0.88 | 0.6594 | 1.04 | 4 |
Countries ranked near Upper middle income
More reference data data for Upper middle income
- Exchange rate, new LCU per USD extended backward, period average 2,308 (2026)
- CPI Price, nominal 300.54 (2026)
- CPI Price, nominal, annual growth rate 7.96 % change on previous year (2026)
- CPI Price, nominal, seas. adj. 300.23 (2026)
- CPI Price, nominal, seas. adj., annual growth rate 7.5 % change on previous year (2026)
- School age population, one year before than official primary entry 41.24 million number (2019)
- School age population, one year before than official primary entry 19.74 million number (2019)
- School age population, one year before than official primary entry 21.50 million number (2019)
- School life expectancy, primary, both sexes 5.97 years (2019)
- School life expectancy, primary, male 6 years (2019)
Frequently asked questions
- What is imports merchandise, customs, price, us$, seas. adj. in Upper middle income?
- Imports merchandise, customs, price, us$, seas. adj. in Upper middle income was 0.6594 in 2023, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
- What is the highest imports merchandise, customs, price, us$, seas. adj. recorded in Upper middle income?
- The highest recorded value was 1.37 in 2011.
- What is the lowest imports merchandise, customs, price, us$, seas. adj. recorded in Upper middle income?
- The lowest recorded value was 0.6594 in 2023.
- How does Upper middle income rank for imports merchandise, customs, price, us$, seas. adj.?
- Upper middle income ranks 7th out of 8 groups with data for 2023.
- Is imports merchandise, customs, price, us$, seas. adj. rising or falling in Upper middle income?
- Over the last ten years it is down 51.0%. The long-run trend across the full record is falling.
- Where does this Upper middle income data come from?
- The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Imports Merchandise, Customs, Price, US$, seas. adj.. Statizoid updates them automatically from the source API.
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About this data
The price index of Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in constant US$ millions, seasonally adjusted. The base year is 2005.