Bhutan: Merchandise exports to high-income economies (% of total merchandise exports)
In , Bhutan's Merchandise exports to high-income economies (% of total merchandise exports) was 3.23.
That's down 20.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Bhutan ranks #202 globally out of 205 reporting countries. Within South Asia, it ranks #6 of 6.
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
- 18.48
- Trough
- 1.06
- 1-year change
- -20.9%
- 5-year change
- -37.3%
- -8.9% / yr
- 10-year change
- +30.9%
- +2.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 3.2335 | |
| 4.0892 | |
| 1.2591 | |
| 1.5677 | |
| 2.1824 | |
| 5.1533 | |
| 3.2692 | |
| 1.0589 | |
| 4.6001 | |
| 2.5315 |
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 Bhutan's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Bhutan's Merchandise exports to high-income economies (% of total merchandise exports) was 3.23, according to World Bank Open Data.
- Is Bhutan's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Bhutan's Merchandise exports to high-income economies (% of total merchandise exports) fell 20.9% from 2022 to 2023.
- How does Bhutan rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Bhutan ranked #202 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Bhutan'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 Bhutan is below the world average. Within South Asia, it ranks #6 of 6.
- 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.