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Maldives: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

In , Maldives's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 58.83.

That's up 3.7% from 2022, the highest value on record.

The global average for this indicator in 2023 was 18.45 . Maldives ranks #13 globally out of 201 reporting countries. Within South Asia, it ranks #1 of 6.

Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS) • Data as of 2023

Trend (2004–2023)

Maldives Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
58.83
Trough
23.35
1-year change
+3.7%
5-year change
+48.4%
+8.2% / yr
10-year change
+33.3%
+2.9% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
58.8317
56.7596
53.1221
48.7193
39.9948
39.6355
50.1895
35.0170
25.6138
33.0222

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Maldives's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
In 2023, Maldives's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 58.83, according to World Bank Open Data.
Is Maldives's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
Maldives's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 3.7% from 2022 to 2023.
How does Maldives rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
In 2023, Maldives ranked #13 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
How does Maldives'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 Maldives is above the world average. Within South Asia, it ranks #1 of 6.
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.
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Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS), CC BY 4.0.