Cyprus: Merchandise exports to high-income economies (% of total merchandise exports)
In , Cyprus's Merchandise exports to high-income economies (% of total merchandise exports) was 51.62.
That's down 19.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Cyprus ranks #133 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #47 of 53.
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
- 2004 · EU enlargement (10 new members)
Highlights
- Peak
- 88.63
- Trough
- 51.62
- 1-year change
- -19.2%
- 5-year change
- -17.3%
- -3.7% / yr
- 10-year change
- -34.2%
- -4.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 51.6241 | |
| 63.8529 | |
| 57.6366 | |
| 60.3886 | |
| 68.5897 | |
| 62.4255 | |
| 65.9036 | |
| 70.5020 | |
| 71.4268 | |
| 73.6997 |
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 Cyprus's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Cyprus's Merchandise exports to high-income economies (% of total merchandise exports) was 51.62, according to World Bank Open Data.
- Is Cyprus's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Cyprus's Merchandise exports to high-income economies (% of total merchandise exports) fell 19.2% from 2022 to 2023.
- How does Cyprus rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Cyprus ranked #133 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Cyprus'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 Cyprus is below the world average. Within Europe & Central Asia, it ranks #47 of 53.
- 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.