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

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 7.16 as of 12/31/2023, the highest value since 12/31/1973.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 29.23 percent compared to the value the year prior.
The 1 year change in percent is 29.23.
The 3 year change in percent is 55.89.
The 5 year change in percent is 24.34.
The 10 year change in percent is 190.72.

The Serie's long term average value is 4.25. It's latest available value, on 12/31/2023, is 68.57 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/1992, to it's latest available value, on 12/31/2023, is +1,202.25%.
The Serie's change in percent from it's maximum value, on 12/31/1963, to it's latest available value, on 12/31/2023, is -41.98%.