Kuwait: Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
In , Kuwait's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 11.93.
That's down 4.7% from 2022, the highest value since .
The global average for this indicator in 2023 was 21.22 . Kuwait ranks #108 globally out of 202 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #7 of 23.
Source: World Bank Open Data (TX.VAL.MRCH.WR.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
- 19.65
- Trough
- 11.93
- 1-year change
- -4.7%
- 5-year change
- -20.3%
- -4.4% / yr
- 10-year change
- -27.3%
- -3.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) |
|---|---|
| 11.9316 | |
| 12.5178 | |
| 14.8000 | |
| 13.4072 | |
| 19.6541 | |
| 14.9619 | |
| 18.0741 | |
| 12.2911 | |
| 13.9939 | |
| 16.4178 |
About Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Indicator code: TX.VAL.MRCH.WR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Kuwait's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023?
- In 2023, Kuwait's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 11.93, according to World Bank Open Data.
- Is Kuwait's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rising or falling?
- Kuwait's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) fell 4.7% from 2022 to 2023.
- How does Kuwait rank globally on Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)?
- In 2023, Kuwait ranked #108 out of 202 countries reporting Merchandise exports to low- and middle-income economies within region (% of total merchandise exports).
- How does Kuwait's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023 was 21.22, so Kuwait is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #7 of 23.
- What is Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Source: World Bank Open Data (TX.VAL.MRCH.WR.ZS), CC BY 4.0.