Korea, Dem. People's Rep.: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
In , Korea, Dem. People's Rep.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 17.61.
That's down 61.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 8.21 . Korea, Dem. People's Rep. ranks #31 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #2 of 28.
Source: World Bank Open Data (TX.VAL.MRCH.R6.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
- 45.87
- Trough
- 1.90
- 1-year change
- -61.6%
- 5-year change
- -1.9%
- -0.4% / yr
- 10-year change
- +557.3%
- +20.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) |
|---|---|
| 17.6149 | |
| 45.8680 | |
| 45.8596 | |
| 30.3732 | |
| 18.1394 | |
| 17.9594 | |
| 5.7316 | |
| 17.3502 | |
| 5.1966 | |
| 17.8895 |
About Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan 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.R6.ZS • Category: Trade & Finance
Frequently asked questions
- What was Korea, Dem. People's Rep.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023?
- In 2023, Korea, Dem. People's Rep.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 17.61, according to World Bank Open Data.
- Is Korea, Dem. People's Rep.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rising or falling?
- Korea, Dem. People's Rep.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) fell 61.6% from 2022 to 2023.
- How does Korea, Dem. People's Rep. rank globally on Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)?
- In 2023, Korea, Dem. People's Rep. ranked #31 out of 197 countries reporting Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports).
- How does Korea, Dem. People's Rep.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023 was 8.21, so Korea, Dem. People's Rep. is above the world average. Within East Asia & Pacific, it ranks #2 of 28.
- What is Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan 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.
Source: World Bank Open Data (TX.VAL.MRCH.R6.ZS), CC BY 4.0.