Greenland: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Greenland's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 0.31.
That's down 15.7% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Greenland ranks #197 globally out of 201 reporting countries. Within Europe & Central Asia, it ranks #53 of 53.
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
- 2.95
- Trough
- 0.08
- 1-year change
- -15.7%
- 5-year change
- -7.7%
- -1.6% / yr
- 10-year change
- -89.6%
- -20.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 0.3062 | |
| 0.3630 | |
| 0.4268 | |
| 0.2770 | |
| 0.3176 | |
| 0.3318 | |
| 0.1589 | |
| 0.0813 | |
| 0.8496 | |
| 0.4416 |
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 Greenland's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Greenland's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 0.31, according to World Bank Open Data.
- Is Greenland's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Greenland's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 15.7% from 2022 to 2023.
- How does Greenland rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Greenland ranked #197 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Greenland'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 Greenland is below the world average. Within Europe & Central Asia, it ranks #53 of 53.
- 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.