Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) for India

Indicator Definition:
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.

The indicator "Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)" stands at 0.7612 as of 12/31/2023.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 6.51 percent compared to the value the year prior.
The 1 year change in percent is 6.51.
The 3 year change in percent is -8.76.
The 5 year change in percent is -0.1821.
The 10 year change in percent is 43.71.

The Serie's long term average value is 1.12. It's latest available value, on 12/31/2023, is 32.23 percent lower, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/1989, to it's latest available value, on 12/31/2023, is +85.62%.
The Serie's change in percent from it's maximum value, on 12/31/1965, to it's latest available value, on 12/31/2023, is -73.84%.