Colombia: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Colombia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 14.53.
That's down 3.7% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Colombia ranks #84 globally out of 201 reporting countries. Within Latin America & Caribbean, it ranks #12 of 36.
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
- 19.36
- Trough
- 2.10
- 1-year change
- -3.7%
- 5-year change
- -5.2%
- -1.1% / yr
- 10-year change
- -8.8%
- -0.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 14.5305 | |
| 15.0872 | |
| 19.3564 | |
| 16.4270 | |
| 16.9800 | |
| 15.3211 | |
| 10.7702 | |
| 9.1691 | |
| 10.6132 | |
| 18.7753 |
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 Colombia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Colombia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 14.53, according to World Bank Open Data.
- Is Colombia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Colombia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 3.7% from 2022 to 2023.
- How does Colombia rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Colombia ranked #84 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Colombia'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 Colombia is below the world average. Within Latin America & Caribbean, it ranks #12 of 36.
- 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.