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Grenada: Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

In , Grenada's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 31.65.

That's up 77.4% from 2022, the highest value on record.

The global average for this indicator in 2023 was 21.22 . Grenada ranks #51 globally out of 202 reporting countries. Within Latin America & Caribbean, it ranks #8 of 36.

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

Trend (2004–2023)

Grenada Merchandise exports to low- and middle-income economies within region (% 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
31.65
Trough
14.59
1-year change
+77.4%
5-year change
+47.9%
+8.1% / yr
10-year change
+38.4%
+3.3% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
31.6516
17.8376
20.5901
19.9761
21.2982
21.4065
17.3600
20.0237
14.5885
16.4801

About Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.

Indicator code: TX.VAL.MRCH.WR.ZSCategory: Trade & Finance

Frequently asked questions

What was Grenada's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023?
In 2023, Grenada's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 31.65, according to World Bank Open Data.
Is Grenada's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rising or falling?
Grenada's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rose 77.4% from 2022 to 2023.
How does Grenada rank globally on Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)?
In 2023, Grenada ranked #51 out of 202 countries reporting Merchandise exports to low- and middle-income economies within region (% of total merchandise exports).
How does Grenada's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023 was 21.22, so Grenada is above the world average. Within Latin America & Caribbean, it ranks #8 of 36.
What is Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
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Source: World Bank Open Data (TX.VAL.MRCH.WR.ZS), CC BY 4.0.