Georgia: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
In , Georgia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 61.99.
That's up 39.5% from 2022, the highest value on record.
The global average for this indicator in 2023 was 5.10 . Georgia ranks #2 globally out of 192 reporting countries. Within Europe & Central Asia, it ranks #1 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.R2.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
- 61.99
- Trough
- 33.53
- 1-year change
- +39.5%
- 5-year change
- +40.3%
- +7.0% / yr
- 10-year change
- +11.6%
- +1.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) |
|---|---|
| 61.9885 | |
| 44.4502 | |
| 40.8930 | |
| 37.6174 | |
| 46.0766 | |
| 44.1981 | |
| 36.9994 | |
| 33.5282 | |
| 39.3609 | |
| 50.0417 |
About Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZS • Category: Trade & Finance
Frequently asked questions
- What was Georgia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
- In 2023, Georgia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 61.99, according to World Bank Open Data.
- Is Georgia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
- Georgia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rose 39.5% from 2022 to 2023.
- How does Georgia rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
- In 2023, Georgia ranked #2 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
- How does Georgia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023 was 5.10, so Georgia is above the world average. Within Europe & Central Asia, it ranks #1 of 53.
- What is Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZS), CC BY 4.0.