Iceland: Merchandise exports to high-income economies (% of total merchandise exports)
In , Iceland's Merchandise exports to high-income economies (% of total merchandise exports) was 95.24.
That's down 0.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Iceland ranks #5 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #2 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.HI.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
- 96.80
- Trough
- 93.06
- 1-year change
- -0.3%
- 5-year change
- +2.3%
- +0.5% / yr
- 10-year change
- +1.2%
- +0.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 95.2367 | |
| 95.5356 | |
| 93.7163 | |
| 94.2067 | |
| 93.3659 | |
| 93.0631 | |
| 93.7920 | |
| 93.8103 | |
| 93.6251 | |
| 94.5277 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Iceland's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Iceland's Merchandise exports to high-income economies (% of total merchandise exports) was 95.24, according to World Bank Open Data.
- Is Iceland's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Iceland's Merchandise exports to high-income economies (% of total merchandise exports) fell 0.3% from 2022 to 2023.
- How does Iceland rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Iceland ranked #5 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Iceland's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Iceland is above the world average. Within Europe & Central Asia, it ranks #2 of 53.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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.HI.ZS), CC BY 4.0.