Georgia: Merchandise exports to high-income economies (% of total merchandise exports)
In , Georgia's Merchandise exports to high-income economies (% of total merchandise exports) was 28.33.
That's down 22.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Georgia ranks #179 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #50 of 53.
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
- 53.39
- Trough
- 28.33
- 1-year change
- -22.0%
- 5-year change
- -37.5%
- -9.0% / yr
- 10-year change
- -25.6%
- -2.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 28.3295 | |
| 36.3009 | |
| 41.8759 | |
| 44.5507 | |
| 44.7110 | |
| 45.3132 | |
| 49.3175 | |
| 50.5783 | |
| 49.0612 | |
| 42.8797 |
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 Georgia's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Georgia's Merchandise exports to high-income economies (% of total merchandise exports) was 28.33, according to World Bank Open Data.
- Is Georgia's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Georgia's Merchandise exports to high-income economies (% of total merchandise exports) fell 22.0% from 2022 to 2023.
- How does Georgia rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Georgia ranked #179 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Georgia'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 Georgia is below the world average. Within Europe & Central Asia, it ranks #50 of 53.
- 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.