Madagascar: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Madagascar's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 19.78.
That's down 13.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Madagascar ranks #71 globally out of 201 reporting countries. Within Sub-Saharan Africa, it ranks #29 of 48.
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
- 22.89
- Trough
- 3.64
- 1-year change
- -13.6%
- 5-year change
- +1.1%
- +0.2% / yr
- 10-year change
- +42.2%
- +3.6% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 19.7844 | |
| 22.8864 | |
| 21.2402 | |
| 14.1630 | |
| 13.3020 | |
| 19.5675 | |
| 14.1722 | |
| 14.2058 | |
| 16.4681 | |
| 11.9658 |
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 Madagascar's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Madagascar's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 19.78, according to World Bank Open Data.
- Is Madagascar's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Madagascar's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 13.6% from 2022 to 2023.
- How does Madagascar rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Madagascar ranked #71 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Madagascar'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 Madagascar is above the world average. Within Sub-Saharan Africa, it ranks #29 of 48.
- 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.