Iceland: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
In , Iceland's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 2.52.
That's up 3.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 14.77 . Iceland ranks #137 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #29 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.R1.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
- 3.27
- Trough
- 0.73
- 1-year change
- +3.2%
- 5-year change
- -22.9%
- -5.1% / yr
- 10-year change
- +62.1%
- +4.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) |
|---|---|
| 2.5234 | |
| 2.4460 | |
| 2.4773 | |
| 2.1411 | |
| 2.6510 | |
| 3.2727 | |
| 2.6010 | |
| 2.7736 | |
| 2.2193 | |
| 1.2151 |
About Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.R1.ZS • Category: Trade & Finance
Frequently asked questions
- What was Iceland's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
- In 2023, Iceland's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 2.52, according to World Bank Open Data.
- Is Iceland's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
- Iceland's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rose 3.2% from 2022 to 2023.
- How does Iceland rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
- In 2023, Iceland ranked #137 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
- How does Iceland's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Iceland is below the world average. Within Europe & Central Asia, it ranks #29 of 53.
- What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.R1.ZS), CC BY 4.0.