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Georgia: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)

In , Georgia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 5.27.

That's down 60.5% from 2022, the highest value since .

The global average for this indicator in 2023 was 14.77 . Georgia ranks #108 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #18 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS) • Data as of 2023

Trend (2004–2023)

Georgia Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
14.67
Trough
0.66
1-year change
-60.5%
5-year change
-15.0%
-3.2% / yr
10-year change
+249.5%
+13.3% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
5.2660
13.3275
14.6719
14.5059
5.7449
6.1925
7.5238
8.3459
5.9101
3.2930

About Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.R1.ZSCategory: Trade & Finance

Frequently asked questions

What was Georgia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
In 2023, Georgia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 5.27, according to World Bank Open Data.
Is Georgia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
Georgia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) fell 60.5% from 2022 to 2023.
How does Georgia rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
In 2023, Georgia ranked #108 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
How does Georgia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Georgia is below the world average. Within Europe & Central Asia, it ranks #18 of 53.
What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.
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Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS), CC BY 4.0.