Mongolia: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Mongolia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 0.72.
That's up 215.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Mongolia ranks #191 globally out of 201 reporting countries. Within East Asia & Pacific, it ranks #30 of 32.
Source: World Bank Open Data (TX.VAL.MRCH.OR.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
- 2.34
- Trough
- 0.11
- 1-year change
- +215.9%
- 5-year change
- +131.4%
- +18.3% / yr
- 10-year change
- +84.4%
- +6.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 0.7183 | |
| 0.2274 | |
| 0.1072 | |
| 0.1292 | |
| 0.4478 | |
| 0.3105 | |
| 0.2740 | |
| 0.1275 | |
| 0.1752 | |
| 0.1873 |
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.ZS • Category: Trade & Finance
Frequently asked questions
- What was Mongolia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Mongolia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 0.72, according to World Bank Open Data.
- Is Mongolia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Mongolia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 215.9% from 2022 to 2023.
- How does Mongolia rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Mongolia ranked #191 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Mongolia'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 Mongolia is below the world average. Within East Asia & Pacific, it ranks #30 of 32.
- 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.
Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS), CC BY 4.0.