Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) for Nigeria

Indicator Definition:
Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific 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 East Asia & Pacific (% of total merchandise imports)" stands at 20.19 as of 12/31/2023, the lowest value since 12/31/2003.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -19.68 percent compared to the value the year prior.
The 1 year change in percent is -19.68.
The 3 year change in percent is -36.32.
The 5 year change in percent is -24.69.
The 10 year change in percent is -24.68.

The Serie's long term average value is 11.66. It's latest available value, on 12/31/2023, is 73.21 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/1963, to it's latest available value, on 12/31/2023, is +2,312.46%.
The Serie's change in percent from it's maximum value, on 12/31/2020, to it's latest available value, on 12/31/2023, is -36.32%.