Skip to main content
HomeCountriesBelize › Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

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

In , Belize's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 0.23.

That's down 37.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 18.45 . Belize ranks #199 globally out of 201 reporting countries. Within Latin America & Caribbean, it ranks #36 of 36.

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

Trend (2004–2023)

Belize 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
9.57
Trough
0.03
1-year change
-37.8%
5-year change
-67.4%
-20.1% / yr
10-year change
-97.6%
-31.2% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
0.2279
0.3665
0.5588
0.6065
0.7530
0.6980
2.3424
1.8055
1.9544
2.4585

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 Belize's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
In 2023, Belize's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 0.23, according to World Bank Open Data.
Is Belize's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
Belize's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 37.8% from 2022 to 2023.
How does Belize rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
In 2023, Belize ranked #199 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
How does Belize'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 Belize is below the world average. Within Latin America & Caribbean, it ranks #36 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.
Download this data: CSV JSON

Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS), CC BY 4.0.