Micronesia, Fed. Sts.: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
In , Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 75.27.
That's down 6.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 14.77 . Micronesia, Fed. Sts. ranks #6 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #5 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.R1.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
- 91.53
- Trough
- 0.60
- 1-year change
- -6.6%
- 5-year change
- +12.1%
- +2.3% / yr
- 10-year change
- -1.3%
- -0.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) |
|---|---|
| 75.2668 | |
| 80.5843 | |
| 80.3796 | |
| 78.7976 | |
| 65.6065 | |
| 67.1522 | |
| 80.9759 | |
| 91.5265 | |
| 76.1547 | |
| 74.8999 |
About Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are 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.R1.ZS • Category: Trade & Finance
Frequently asked questions
- What was Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
- In 2023, Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 75.27, according to World Bank Open Data.
- Is Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
- Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) fell 6.6% from 2022 to 2023.
- How does Micronesia, Fed. Sts. rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
- In 2023, Micronesia, Fed. Sts. ranked #6 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
- How does Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Micronesia, Fed. Sts. is above the world average. Within East Asia & Pacific, it ranks #5 of 36.
- What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are 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.R1.ZS), CC BY 4.0.