Montenegro: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Montenegro's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 1.07.
That's down 58.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Montenegro ranks #186 globally out of 201 reporting countries. Within Europe & Central Asia, it ranks #52 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS) • Data as of 2023
Trend (2006–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 8.34
- Trough
- 0.28
- 1-year change
- -58.2%
- 5-year change
- -75.8%
- -24.7% / yr
- 10-year change
- -64.0%
- -9.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 1.0720 | |
| 2.5640 | |
| 3.3339 | |
| 8.3431 | |
| 5.1200 | |
| 4.4305 | |
| 3.0553 | |
| 8.3275 | |
| 6.5754 | |
| 3.6522 |
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 Montenegro's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Montenegro's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 1.07, according to World Bank Open Data.
- Is Montenegro's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Montenegro's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 58.2% from 2022 to 2023.
- How does Montenegro rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Montenegro ranked #186 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Montenegro'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 Montenegro is below the world average. Within Europe & Central Asia, it ranks #52 of 53.
- 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.