Kuwait: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Kuwait's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 39.54.
That's up 4.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Kuwait ranks #30 globally out of 201 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #8 of 23.
Source: World Bank Open Data (TX.VAL.MRCH.OR.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
- 46.64
- Trough
- 34.82
- 1-year change
- +4.8%
- 5-year change
- -15.2%
- -3.3% / yr
- 10-year change
- -0.4%
- 0.0% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 39.5397 | |
| 37.7247 | |
| 38.9352 | |
| 38.2940 | |
| 40.2737 | |
| 46.6446 | |
| 34.8195 | |
| 38.2287 | |
| 41.9532 | |
| 39.7002 |
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.ZS • Category: Trade & Finance
Frequently asked questions
- What was Kuwait's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Kuwait's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 39.54, according to World Bank Open Data.
- Is Kuwait's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Kuwait's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 4.8% from 2022 to 2023.
- How does Kuwait rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Kuwait ranked #30 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Kuwait'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 Kuwait is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #8 of 23.
- 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.
Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS), CC BY 4.0.