Ecuador: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Ecuador's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 24.60.
That's up 4.6% from 2022, the highest value on record.
The global average for this indicator in 2023 was 18.45 . Ecuador ranks #53 globally out of 201 reporting countries. Within Latin America & Caribbean, it ranks #9 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
- 24.60
- Trough
- 0.94
- 1-year change
- +4.6%
- 5-year change
- +41.1%
- +7.1% / yr
- 10-year change
- +302.4%
- +14.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 24.5958 | |
| 23.5123 | |
| 23.0940 | |
| 23.3040 | |
| 19.3831 | |
| 17.4372 | |
| 15.7707 | |
| 14.3140 | |
| 12.4290 | |
| 8.0126 |
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 Ecuador's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Ecuador's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 24.60, according to World Bank Open Data.
- Is Ecuador's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Ecuador's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 4.6% from 2022 to 2023.
- How does Ecuador rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Ecuador ranked #53 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Ecuador'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 Ecuador is above the world average. Within Latin America & Caribbean, it ranks #9 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.