Faroe Islands: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
In , Faroe Islands's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 4.99.
That's up 80.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 8.21 . Faroe Islands ranks #58 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #3 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.R6.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
- 11.94
- Trough
- 1.25
- 1-year change
- +80.9%
- 5-year change
- +56.5%
- +9.4% / yr
- 10-year change
- +25.0%
- +2.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) |
|---|---|
| 4.9899 | |
| 2.7588 | |
| 6.2690 | |
| 11.9448 | |
| 2.7893 | |
| 3.1891 | |
| 2.9309 | |
| 3.9371 | |
| 3.1711 | |
| 3.4304 |
About Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa region according to World Bank classification of economies. Data are 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.R6.ZS • Category: Trade & Finance
Frequently asked questions
- What was Faroe Islands's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023?
- In 2023, Faroe Islands's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 4.99, according to World Bank Open Data.
- Is Faroe Islands's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rising or falling?
- Faroe Islands's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rose 80.9% from 2022 to 2023.
- How does Faroe Islands rank globally on Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)?
- In 2023, Faroe Islands ranked #58 out of 197 countries reporting Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports).
- How does Faroe Islands's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023 was 8.21, so Faroe Islands is below the world average. Within Europe & Central Asia, it ranks #3 of 53.
- What is Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa region according to World Bank classification of economies. Data are 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.R6.ZS), CC BY 4.0.