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Cabo Verde: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)

In , Cabo Verde's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 9.23.

That's down 42.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 8.21 . Cabo Verde ranks #43 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #32 of 48.

Source: World Bank Open Data (TX.VAL.MRCH.R6.ZS) • Data as of 2023

Trend (2004–2023)

Cabo Verde Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% 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
16.01
Trough
0.03
1-year change
-42.3%
5-year change
+32,946.4%
+219.0% / yr
10-year change
+2,499.6%
+38.5% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
9.2342
16.0131
7.4857
0.4012
6.0309
0.0279
0.6270
0.2840
0.3789
0.4199

About Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa region according to World Bank classification of economies. Data are 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.R6.ZSCategory: Trade & Finance

Frequently asked questions

What was Cabo Verde's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023?
In 2023, Cabo Verde's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 9.23, according to World Bank Open Data.
Is Cabo Verde's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rising or falling?
Cabo Verde's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) fell 42.3% from 2022 to 2023.
How does Cabo Verde rank globally on Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)?
In 2023, Cabo Verde ranked #43 out of 197 countries reporting Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports).
How does Cabo Verde's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023 was 8.21, so Cabo Verde is above the world average. Within Sub-Saharan Africa, it ranks #32 of 48.
What is Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa region according to World Bank classification of economies. Data are 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.R6.ZS), CC BY 4.0.