Cabo Verde: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Cabo Verde's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 7.37.
That's up 294.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Cabo Verde ranks #123 globally out of 201 reporting countries. Within Sub-Saharan Africa, it ranks #41 of 48.
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
- 16.23
- Trough
- 0.15
- 1-year change
- +294.9%
- 5-year change
- +707.3%
- +51.8% / yr
- 10-year change
- +24.4%
- +2.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 7.3722 | |
| 1.8671 | |
| 5.9065 | |
| 1.0720 | |
| 4.5736 | |
| 0.9132 | |
| 0.6966 | |
| 4.5661 | |
| 11.0728 | |
| 14.0675 |
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 Cabo Verde's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Cabo Verde's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 7.37, according to World Bank Open Data.
- Is Cabo Verde's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Cabo Verde's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 294.9% from 2022 to 2023.
- How does Cabo Verde rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Cabo Verde ranked #123 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Cabo Verde'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 Cabo Verde is below the world average. Within Sub-Saharan Africa, it ranks #41 of 48.
- 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.