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Guinea-Bissau: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

In , Guinea-Bissau's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 30.65.

That's down 25.9% from 2022, the highest value since .

The global average for this indicator in 2023 was 18.45 . Guinea-Bissau ranks #38 globally out of 201 reporting countries. Within Sub-Saharan Africa, it ranks #17 of 48.

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

Trend (2004–2023)

Guinea-Bissau Merchandise exports to low- and middle-income economies outside 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
87.13
Trough
21.91
1-year change
-25.9%
5-year change
-59.7%
-16.6% / yr
10-year change
-47.9%
-6.3% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
30.6469
41.3797
37.3792
34.8540
32.4833
76.1301
73.0267
75.4631
69.5612
67.6813

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Guinea-Bissau's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
In 2023, Guinea-Bissau's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 30.65, according to World Bank Open Data.
Is Guinea-Bissau's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
Guinea-Bissau's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 25.9% from 2022 to 2023.
How does Guinea-Bissau rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
In 2023, Guinea-Bissau ranked #38 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
How does Guinea-Bissau'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 Guinea-Bissau is above the world average. Within Sub-Saharan Africa, it ranks #17 of 48.
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.
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Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS), CC BY 4.0.