Belgium: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Belgium's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 9.36.
That's down 4.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Belgium ranks #111 globally out of 201 reporting countries. Within Europe & Central Asia, it ranks #26 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.OR.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
- 11.38
- Trough
- 6.48
- 1-year change
- -4.6%
- 5-year change
- -10.2%
- -2.1% / yr
- 10-year change
- -17.1%
- -1.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 9.3648 | |
| 9.8193 | |
| 9.6103 | |
| 9.2889 | |
| 9.6773 | |
| 10.4338 | |
| 10.8675 | |
| 10.4210 | |
| 10.6053 | |
| 11.3794 |
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.ZS • Category: Trade & Finance
Frequently asked questions
- What was Belgium's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Belgium's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 9.36, according to World Bank Open Data.
- Is Belgium's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Belgium's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 4.6% from 2022 to 2023.
- How does Belgium rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Belgium ranked #111 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Belgium'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 Belgium is below the world average. Within Europe & Central Asia, it ranks #26 of 53.
- 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.
Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS), CC BY 4.0.