Iceland: Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
In , Iceland's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 0.21.
That's up 1.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.94 . Iceland ranks #141 globally out of 192 reporting countries. Within Europe & Central Asia, it ranks #42 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.R3.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
- 0.43
- Trough
- 0.08
- 1-year change
- +1.6%
- 5-year change
- -40.0%
- -9.7% / yr
- 10-year change
- -41.6%
- -5.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) |
|---|---|
| 0.2057 | |
| 0.2024 | |
| 0.3049 | |
| 0.1813 | |
| 0.3043 | |
| 0.3429 | |
| 0.3342 | |
| 0.4007 | |
| 0.3203 | |
| 0.4303 |
About Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS • Category: Trade & Finance
Frequently asked questions
- What was Iceland's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
- In 2023, Iceland's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 0.21, according to World Bank Open Data.
- Is Iceland's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
- Iceland's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rose 1.6% from 2022 to 2023.
- How does Iceland rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
- In 2023, Iceland ranked #141 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
- How does Iceland's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023 was 4.94, so Iceland is below the world average. Within Europe & Central Asia, it ranks #42 of 53.
- What is Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS), CC BY 4.0.