Micronesia, Fed. Sts.: Merchandise exports to high-income economies (% of total merchandise exports)
In , Micronesia, Fed. Sts.'s Merchandise exports to high-income economies (% of total merchandise exports) was 15.13.
That's up 1.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Micronesia, Fed. Sts. ranks #191 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #32 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
- 96.55
- Trough
- 7.74
- 1-year change
- +1.3%
- 5-year change
- -48.9%
- -12.6% / yr
- 10-year change
- -31.8%
- -3.8% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 15.1329 | |
| 14.9422 | |
| 17.8918 | |
| 16.4354 | |
| 34.2259 | |
| 29.6170 | |
| 18.4867 | |
| 7.7372 | |
| 22.6412 | |
| 23.2390 |
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 Micronesia, Fed. Sts.'s Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Micronesia, Fed. Sts.'s Merchandise exports to high-income economies (% of total merchandise exports) was 15.13, according to World Bank Open Data.
- Is Micronesia, Fed. Sts.'s Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Micronesia, Fed. Sts.'s Merchandise exports to high-income economies (% of total merchandise exports) rose 1.3% from 2022 to 2023.
- How does Micronesia, Fed. Sts. rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Micronesia, Fed. Sts. ranked #191 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Micronesia, Fed. Sts.'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 Micronesia, Fed. Sts. is below the world average. Within East Asia & Pacific, it ranks #32 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.