Colombia: Merchandise exports to high-income economies (% of total merchandise exports)
In , Colombia's Merchandise exports to high-income economies (% of total merchandise exports) was 64.63.
That's down 2.4% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Colombia ranks #107 globally out of 205 reporting countries. Within Latin America & Caribbean, it ranks #22 of 36.
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
- 74.89
- Trough
- 59.13
- 1-year change
- -2.4%
- 5-year change
- +3.6%
- +0.7% / yr
- 10-year change
- -2.1%
- -0.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 64.6277 | |
| 66.2432 | |
| 59.1335 | |
| 61.6031 | |
| 60.5206 | |
| 62.3665 | |
| 66.9621 | |
| 69.1726 | |
| 68.0771 | |
| 63.6700 |
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 Colombia's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Colombia's Merchandise exports to high-income economies (% of total merchandise exports) was 64.63, according to World Bank Open Data.
- Is Colombia's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Colombia's Merchandise exports to high-income economies (% of total merchandise exports) fell 2.4% from 2022 to 2023.
- How does Colombia rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Colombia ranked #107 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Colombia'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 Colombia is above the world average. Within Latin America & Caribbean, it ranks #22 of 36.
- 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.