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Cyprus: Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

In , Cyprus's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 0.78.

That's down 77.7% from 2022, the highest value since .

The global average for this indicator in 2023 was 21.22 . Cyprus ranks #191 globally out of 202 reporting countries. Within Europe & Central Asia, it ranks #49 of 53.

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

Trend (2004–2023)

Cyprus Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins 2004: EU enlargement (10 new members)
  • 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
3.48
Trough
0.78
1-year change
-77.7%
5-year change
-9.5%
-2.0% / yr
10-year change
-57.4%
-8.2% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
0.7755
3.4806
1.2615
1.4665
1.8708
0.8568
1.4239
1.0401
0.8721
1.2579

About Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.

Indicator code: TX.VAL.MRCH.WR.ZSCategory: Trade & Finance

Frequently asked questions

What was Cyprus's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023?
In 2023, Cyprus's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 0.78, according to World Bank Open Data.
Is Cyprus's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rising or falling?
Cyprus's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) fell 77.7% from 2022 to 2023.
How does Cyprus rank globally on Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)?
In 2023, Cyprus ranked #191 out of 202 countries reporting Merchandise exports to low- and middle-income economies within region (% of total merchandise exports).
How does Cyprus's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023 was 21.22, so Cyprus is below the world average. Within Europe & Central Asia, it ranks #49 of 53.
What is Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
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Source: World Bank Open Data (TX.VAL.MRCH.WR.ZS), CC BY 4.0.