United States's import value index (2015 = 100) was 145.1 in 2024, the latest year in the World Bank's World Development Indicators. That is up 39.25% from 104.2 in 2014 (3.37% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 145.1 | 2024 |
| Five years earlier | 110.9 | 2019 |
| Ten years earlier | 104.2 | 2014 |
| Highest | 145.6 | 2022 |
| Lowest | 69.3 | 2009 |
| Average since 2015 | 118.33 | 2015–2024 |
| First recorded | 74.8 | 2005 |
What the numbers say
In 2024, United States' import value index (2015 = 100) rose 8.3 on 2023 (from 136.8 to 145.1).
Across the 18 yearly changes before that (2006 to 2023), the average change was +3.44 and a typical year strayed about 11.1 from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 22.8 in 2021 and the biggest yearly fall was 24.4 in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 5.61 a year. A straight line explains 82% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, United States had the 112th highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| United States | 145.1 | 2024 |
| World | 148.1 | 2024 |
Closest to United States in the 2024 ranking
- Switzerland — 109th of 204: 146
- Gibraltar — 110th of 204: 145.7
- Peru — 111th of 204: 145.4
- Korea, Rep. — 113th of 204: 144.7
- Belize — 114th of 204: 144.3
- Malawi — 115th of 204: 144.1
What this measures
Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.
All 20 values
| Year | Import value index (2015 = 100) |
|---|---|
| 2024 | 145.1 |
| 2023 | 136.8 |
| 2022 | 145.6 |
| 2021 | 126.8 |
| 2020 | 104 |
| 2019 | 110.9 |
| 2018 | 112.9 |
| 2017 | 104 |
| 2016 | 97.2 |
| 2015 | 100 |
| 2014 |
Import value index (2015 = 100) in nearby economies
More trade data for United States
- Tariff rate, applied, simple mean, manufactured products (%) — 2.78% (2022)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 3.7% (2022)
- Tariff rate, applied, weighted mean, manufactured products (%) — 1.61% (2022)
- Tariff rate, most favored nation, weighted mean, manufactured products (%) — 2.55% (2022)
- Tariff rate, applied, simple mean, all products (%) — 2.72% (2022)
- Tariff rate, most favored nation, simple mean, all products (%) — 3.53% (2022)
- Tariff rate, applied, weighted mean, all products (%) — 1.49% (2022)
- Tariff rate, most favored nation, weighted mean, all products (%)
Reading data like this
Questions people ask
- What is United States's import value index (2015 = 100)?
- 145.1 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 93.98% from 74.8 in 2005 (3.55% a year on average, compounded). The highest value was 145.6 in 2022 and the lowest 69.3 in 2009.
- How does United States rank?
- 112th highest of 204 economies with data for 2024.
- Is the latest change in import value index (2015 = 100) unusual for United States?
- In 2024, United States' import value index (2015 = 100) rose 8.3 on 2023 (from 136.8 to 145.1). Across the 18 yearly changes before that (2006 to 2023), the average change was +3.44 and a typical year strayed about 11.1 from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator TM.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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