Eritrea: Merchandise exports to high-income economies (% of total merchandise exports)
In , Eritrea's Merchandise exports to high-income economies (% of total merchandise exports) was 11.89.
That's down 42.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Eritrea ranks #196 globally out of 205 reporting countries. Within Sub-Saharan Africa, it ranks #45 of 48.
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
- 93.74
- Trough
- 4.76
- 1-year change
- -42.9%
- 5-year change
- -13.4%
- -2.8% / yr
- 10-year change
- -82.9%
- -16.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 11.8915 | |
| 20.8200 | |
| 22.7147 | |
| 4.7571 | |
| 35.4794 | |
| 13.7250 | |
| 30.6038 | |
| 14.1191 | |
| 16.1608 | |
| 5.3745 |
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 Eritrea's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Eritrea's Merchandise exports to high-income economies (% of total merchandise exports) was 11.89, according to World Bank Open Data.
- Is Eritrea's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Eritrea's Merchandise exports to high-income economies (% of total merchandise exports) fell 42.9% from 2022 to 2023.
- How does Eritrea rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Eritrea ranked #196 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Eritrea'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 Eritrea is below the world average. Within Sub-Saharan Africa, it ranks #45 of 48.
- 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.