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Bahamas, The: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

In , Bahamas, The's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 47.79.

That's down 16.2% from 2022, the highest value since .

The global average for this indicator in 2023 was 18.45 . Bahamas, The ranks #19 globally out of 201 reporting countries. Within Latin America & Caribbean, it ranks #2 of 36.

Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS) • Data as of 2023

Trend (2004–2023)

Bahamas, The Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
72.67
Trough
0.30
1-year change
-16.2%
5-year change
+35.3%
+6.2% / yr
10-year change
-28.6%
-3.3% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
47.7854
56.9982
34.5987
0.4746
2.5811
35.3161
2.4975
28.4379
34.7585
72.6709

About Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.OR.ZSCategory: Trade & Finance

Frequently asked questions

What was Bahamas, The's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
In 2023, Bahamas, The's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 47.79, according to World Bank Open Data.
Is Bahamas, The's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
Bahamas, The's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 16.2% from 2022 to 2023.
How does Bahamas, The rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
In 2023, Bahamas, The ranked #19 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
How does Bahamas, The's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023 was 18.45, so Bahamas, The is above the world average. Within Latin America & Caribbean, it ranks #2 of 36.
What is Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.
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Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS), CC BY 4.0.