Korea, Rep.: Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)
In , Korea, Rep.'s Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 0.81.
That's up 9.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 2.46 . Korea, Rep. ranks #81 globally out of 186 reporting countries. Within East Asia & Pacific, it ranks #6 of 21.
Source: World Bank Open Data (TX.VAL.MRCH.R4.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
- 3.24
- Trough
- 0.74
- 1-year change
- +9.8%
- 5-year change
- -45.5%
- -11.4% / yr
- 10-year change
- -65.4%
- -10.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) |
|---|---|
| 0.8103 | |
| 0.7378 | |
| 0.7776 | |
| 0.8246 | |
| 1.2359 | |
| 1.4854 | |
| 1.7656 | |
| 2.1837 | |
| 2.0893 | |
| 2.4216 |
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.ZS • Category: Trade & Finance
Frequently asked questions
- What was Korea, Rep.'s Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023?
- In 2023, Korea, Rep.'s Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 0.81, according to World Bank Open Data.
- Is Korea, Rep.'s Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rising or falling?
- Korea, Rep.'s Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rose 9.8% from 2022 to 2023.
- How does Korea, Rep. rank globally on Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)?
- In 2023, Korea, Rep. ranked #81 out of 186 countries reporting Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports).
- How does Korea, Rep.'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 Korea, Rep. is below the world average. Within East Asia & Pacific, it ranks #6 of 21.
- 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.
Source: World Bank Open Data (TX.VAL.MRCH.R4.ZS), CC BY 4.0.