Goods imports (BoP, current US$), annual growth rate in Low income
Low income: Goods imports (BoP, current US$), annual growth rate was 9.76 % change on previous year in 2024. ◆ Volatile
Goods imports (BoP, current US$), annual growth rate in Low income, 2006–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Low income recorded 9.76 % change on previous year for goods imports (bop, current us$), annual growth rate in 2024.
Compared with earlier readings it is up 413.6% on the previous year and up 70.5% over ten years.
Over the whole period, goods imports (bop, current us$), annual growth rate in Low income peaked at 28.85 % change on previous year in 2008 and was at its lowest, -12.45 % change on previous year, in 2015.
Low income ranks 6th of 47 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports (BoP, current US$), annual growth rate in Low income, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 13.75 % change on previous year | — |
| 2007 | 27.06 % change on previous year | +96.8% |
| 2008 | 28.85 % change on previous year | +6.6% |
| 2009 | -9.44 % change on previous year | -132.7% |
| 2010 | 15.54 % change on previous year | -264.7% |
| 2011 | 13.98 % change on previous year | -10.1% |
| 2012 | 15.64 % change on previous year | +11.9% |
| 2013 | 5.27 % change on previous year | -66.3% |
| 2014 | 5.73 % change on previous year | +8.7% |
| 2015 | -12.45 % change on previous year | -317.5% |
| 2016 | -6.22 % change on previous year | -50.0% |
| 2017 | 4.88 % change on previous year | -178.5% |
| 2018 | 9.78 % change on previous year | +100.2% |
| 2019 | 1.85 % change on previous year | -81.1% |
| 2020 | -6.01 % change on previous year | -425.3% |
| 2021 | 22.61 % change on previous year | -476.0% |
| 2022 | 27.18 % change on previous year | +20.2% |
| 2023 | -3.11 % change on previous year | -111.5% |
| 2024 | 9.76 % change on previous year | -413.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.05 % change on previous year | -9.44 % change on previous year | 28.85 % change on previous year | 4 |
| 2010s | 5.4 % change on previous year | -12.45 % change on previous year | 15.64 % change on previous year | 10 |
| 2020s | 10.08 % change on previous year | -6.01 % change on previous year | 27.18 % change on previous year | 5 |
Countries ranked near Low income
- 3 Guinea 39.45 % change on previous year compare
- 4 Switzerland 36.87 % change on previous year compare
- 5 Tuvalu 36.21 % change on previous year compare
- 6 Iraq 32.79 % change on previous year compare
- 7 Sierra Leone 30.26 % change on previous year compare
- 8 Ethiopia 28.16 % change on previous year compare
- 9 Faroe Islands 27.44 % change on previous year compare
More economy & growth data for Low income
- Foreign direct investment, net inflows (BoP, current US$), per capita 2.48 BoP, current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.7948 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 3.09 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 76.83 constant 2015 US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.0918 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 4.91 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 101.2 current US$ per person (2025)
- General government final consumption expenditure (current US$), per 0.1209 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$) 11.74 % change on previous year (2025)
- Foreign direct investment, net outflows (BoP, current US$), gaps 3.90 million BoP, current US$ (2025)
Frequently asked questions
- What is goods imports (bop, current us$), annual growth rate in Low income?
- Goods imports (bop, current us$), annual growth rate in Low income was 9.76 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), annual growth rate recorded in Low income?
- The highest recorded value was 28.85 % change on previous year in 2008.
- What is the lowest goods imports (bop, current us$), annual growth rate recorded in Low income?
- The lowest recorded value was -12.45 % change on previous year in 2015.
- How does Low income rank for goods imports (bop, current us$), annual growth rate?
- Low income ranks 6th out of 47 groups with data for 2024.
- Is goods imports (bop, current us$), annual growth rate rising or falling in Low income?
- Over the last ten years it is up 70.5%. The long-run trend across the full record is volatile.
- Where does this Low income data come from?
- The figures come from Statizoid (derived), published as part of Goods imports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Goods imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Goods imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.