Korea, Rep.: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
In , Korea, Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 2.54.
That's up 33.6% from 2022, the highest value on record.
The global average for this indicator in 2023 was 5.10 . Korea, Rep. ranks #59 globally out of 192 reporting countries. Within East Asia & Pacific, it ranks #2 of 28.
Source: World Bank Open Data (TX.VAL.MRCH.R2.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
- 2.54
- Trough
- 1.42
- 1-year change
- +33.6%
- 5-year change
- +57.4%
- +9.5% / yr
- 10-year change
- +35.7%
- +3.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) |
|---|---|
| 2.5372 | |
| 1.8987 | |
| 1.7195 | |
| 2.0172 | |
| 2.0677 | |
| 1.6124 | |
| 1.5407 | |
| 1.5844 | |
| 1.7053 | |
| 1.9406 |
About Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZS • Category: Trade & Finance
Frequently asked questions
- What was Korea, Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
- In 2023, Korea, Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 2.54, according to World Bank Open Data.
- Is Korea, Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
- Korea, Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rose 33.6% from 2022 to 2023.
- How does Korea, Rep. rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
- In 2023, Korea, Rep. ranked #59 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
- How does Korea, Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023 was 5.10, so Korea, Rep. is below the world average. Within East Asia & Pacific, it ranks #2 of 28.
- What is Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZS), CC BY 4.0.