Bermuda: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Bermuda's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 28.16.
That's down 39.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Bermuda ranks #44 globally out of 201 reporting countries. Within North America, it ranks #2 of 3.
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
- 86.56
- Trough
- 0.05
- 1-year change
- -39.6%
- 5-year change
- -67.5%
- -20.1% / yr
- 10-year change
- +42.1%
- +3.6% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 28.1558 | |
| 46.6411 | |
| 35.6946 | |
| 52.7554 | |
| 49.9471 | |
| 86.5577 | |
| 73.1260 | |
| 18.6589 | |
| 12.8398 | |
| 60.8392 |
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 Bermuda's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Bermuda's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 28.16, according to World Bank Open Data.
- Is Bermuda's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Bermuda's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 39.6% from 2022 to 2023.
- How does Bermuda rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Bermuda ranked #44 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Bermuda'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 Bermuda is above the world average. Within North America, it ranks #2 of 3.
- 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.