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

In , Jamaica's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 2.27.

That's up 93.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 18.45 . Jamaica ranks #169 globally out of 201 reporting countries. Within Latin America & Caribbean, it ranks #25 of 36.

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

Trend (2004–2023)

Jamaica 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
17.77
Trough
1.12
1-year change
+93.3%
5-year change
-57.1%
-15.6% / yr
10-year change
-54.9%
-7.7% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
2.2673
1.1729
2.7547
3.9026
4.8983
5.2802
8.2033
7.3562
5.2635
4.7707

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 Jamaica's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
In 2023, Jamaica's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 2.27, according to World Bank Open Data.
Is Jamaica's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
Jamaica's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 93.3% from 2022 to 2023.
How does Jamaica rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
In 2023, Jamaica ranked #169 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
How does Jamaica'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 Jamaica is below the world average. Within Latin America & Caribbean, it ranks #25 of 36.
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.