Micronesia, Fed. Sts.: Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
In , Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 4.45.
That's down 0.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.94 . Micronesia, Fed. Sts. ranks #36 globally out of 192 reporting countries. Within East Asia & Pacific, it ranks #3 of 29.
Source: World Bank Open Data (TX.VAL.MRCH.R3.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
- 17.06
- Trough
- 0.11
- 1-year change
- -0.2%
- 5-year change
- +39.6%
- +6.9% / yr
- 10-year change
- +540.0%
- +20.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) |
|---|---|
| 4.4548 | |
| 4.4633 | |
| 1.6939 | |
| 0.1104 | |
| 0.1469 | |
| 3.1922 | |
| 0.5227 | |
| 0.6361 | |
| 1.1389 | |
| 1.7330 |
About Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS • Category: Trade & Finance
Frequently asked questions
- What was Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
- In 2023, Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 4.45, according to World Bank Open Data.
- Is Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
- Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) fell 0.2% from 2022 to 2023.
- How does Micronesia, Fed. Sts. rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
- In 2023, Micronesia, Fed. Sts. ranked #36 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
- How does Micronesia, Fed. Sts.'s Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023 was 4.94, so Micronesia, Fed. Sts. is below the world average. Within East Asia & Pacific, it ranks #3 of 29.
- What is Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS), CC BY 4.0.