Marshall Islands: Merchandise exports to high-income economies (% of total merchandise exports)
In , Marshall Islands's Merchandise exports to high-income economies (% of total merchandise exports) was 65.43.
That's down 19.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Marshall Islands ranks #104 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #14 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.HI.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
- 99.86
- Trough
- 28.37
- 1-year change
- -19.6%
- 5-year change
- -18.4%
- -4.0% / yr
- 10-year change
- +130.6%
- +8.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 65.4283 | |
| 81.3816 | |
| 84.3925 | |
| 71.2575 | |
| 65.6759 | |
| 80.1961 | |
| 76.9803 | |
| 67.0835 | |
| 88.6706 | |
| 95.0854 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Marshall Islands's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Marshall Islands's Merchandise exports to high-income economies (% of total merchandise exports) was 65.43, according to World Bank Open Data.
- Is Marshall Islands's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Marshall Islands's Merchandise exports to high-income economies (% of total merchandise exports) fell 19.6% from 2022 to 2023.
- How does Marshall Islands rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Marshall Islands ranked #104 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Marshall Islands's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Marshall Islands is above the world average. Within East Asia & Pacific, it ranks #14 of 36.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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.HI.ZS), CC BY 4.0.