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Iceland: Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)

In , Iceland's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 0.14.

That's up 122.4% from 2022, the highest value since .

The global average for this indicator in 2023 was 2.46 . Iceland ranks #135 globally out of 186 reporting countries. Within Europe & Central Asia, it ranks #49 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.R4.ZS) • Data as of 2023

Trend (2004–2023)

Iceland Merchandise exports to low- and middle-income economies in Middle East & North Africa (% 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
0.38
Trough
0.04
1-year change
+122.4%
5-year change
-40.6%
-9.9% / yr
10-year change
+20.3%
+1.9% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)
0.1435
0.0645
0.3340
0.1814
0.3829
0.2416
0.3149
0.1714
0.2157
0.1863

About Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.R4.ZSCategory: Trade & Finance

Frequently asked questions

What was Iceland's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023?
In 2023, Iceland's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 0.14, according to World Bank Open Data.
Is Iceland's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rising or falling?
Iceland's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rose 122.4% from 2022 to 2023.
How does Iceland rank globally on Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)?
In 2023, Iceland ranked #135 out of 186 countries reporting Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports).
How does Iceland's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023 was 2.46, so Iceland is below the world average. Within Europe & Central Asia, it ranks #49 of 53.
What is Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.
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Source: World Bank Open Data (TX.VAL.MRCH.R4.ZS), CC BY 4.0.