Imports Merchandise, Customs, Price, US$, seas. adj. in Upper middle income

Upper middle income: Imports Merchandise, Customs, Price, US$, seas. adj. was 0.6592 in 2023. ▼ Falling

Latest (2023)
0.6592
Change on year
down 26.0%
Rank
7th
of 8 groups
All-time high
1.37
in 2011
All-time low
0.6592
in 2023
Years of data
18
2006–2023

Imports Merchandise, Customs, Price, US$, seas. adj. in Upper middle income, 2006–2023

00.511.52006201420232006: 0.9182007: 12008: 1.32009: 1.12010: 1.22011: 1.42012: 1.42013: 1.32014: 1.32015: 1.12016: 0.9972017: 12018: 1.12019: 12020: 0.9272021: 12022: 0.8912023: 0.659

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 0.6592. 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, 0.6592, in 2023.

The long-run direction has been consistently falling across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.07 0.918 1.25 4
2010s 1.18 0.9966 1.37 10
2020s 0.8801 0.6592 1.04 4

Countries ranked near Upper middle income

  1. 4 Jordan 1.44 compare
  2. 5 Bulgaria 1.36 compare
  3. 6 Belgium 1.35 compare
  4. 7 Italy 1.35 compare
  5. 8 Thailand 1.34 compare
  6. 9 Estonia 1.24 compare
  7. 10 Canada 1.23 compare

See the full ranking of 55 places →

More reference data data for Upper middle income

All data for Upper middle income →

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 0.6592 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 0.6592 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

Indicator
Imports Merchandise, Customs, Price, US$, seas. adj.
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
55 places, 1,626 data points, 1991–2025
Last refreshed

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.