Azerbaijan: Merchandise exports to high-income economies (% of total merchandise exports)
In , Azerbaijan's Merchandise exports to high-income economies (% of total merchandise exports) was 74.61.
That's down 3.5% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Azerbaijan ranks #75 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #37 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 85.30
- Trough
- 53.46
- 1-year change
- -3.5%
- 5-year change
- -0.5%
- -0.1% / yr
- 10-year change
- +15.7%
- +1.5% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 74.6113 | |
| 77.2842 | |
| 71.9539 | |
| 61.1248 | |
| 67.9216 | |
| 75.0169 | |
| 72.4757 | |
| 73.7848 | |
| 69.4063 | |
| 71.8761 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TX.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Azerbaijan's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Azerbaijan's Merchandise exports to high-income economies (% of total merchandise exports) was 74.61, according to World Bank Open Data.
- Is Azerbaijan's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Azerbaijan's Merchandise exports to high-income economies (% of total merchandise exports) fell 3.5% from 2022 to 2023.
- How does Azerbaijan rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Azerbaijan ranked #75 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Azerbaijan's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Azerbaijan is above the world average. Within Europe & Central Asia, it ranks #37 of 53.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.