Eritrea: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Eritrea's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 79.70.
That's up 1.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Eritrea ranks #3 globally out of 201 reporting countries. Within Sub-Saharan Africa, it ranks #2 of 48.
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
- 95.11
- Trough
- 5.62
- 1-year change
- +1.0%
- 5-year change
- -7.2%
- -1.5% / yr
- 10-year change
- +207.3%
- +11.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 79.7014 | |
| 78.8976 | |
| 76.9300 | |
| 95.1120 | |
| 64.0734 | |
| 85.8853 | |
| 68.5519 | |
| 85.0564 | |
| 83.2273 | |
| 92.9859 |
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 Eritrea's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Eritrea's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 79.70, according to World Bank Open Data.
- Is Eritrea's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Eritrea's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 1.0% from 2022 to 2023.
- How does Eritrea rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Eritrea ranked #3 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Eritrea'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 Eritrea is above the world average. Within Sub-Saharan Africa, it ranks #2 of 48.
- 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.