Namibia: Merchandise exports to high-income economies (% of total merchandise exports)
In , Namibia's Merchandise exports to high-income economies (% of total merchandise exports) was 30.98.
That's down 11.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Namibia ranks #176 globally out of 205 reporting countries. Within Sub-Saharan Africa, it ranks #39 of 48.
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
- 61.80
- Trough
- 30.98
- 1-year change
- -11.6%
- 5-year change
- -36.9%
- -8.8% / yr
- 10-year change
- -21.7%
- -2.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 30.9765 | |
| 35.0593 | |
| 33.8712 | |
| 34.3370 | |
| 40.2361 | |
| 49.0959 | |
| 47.4130 | |
| 50.6301 | |
| 38.7125 | |
| 49.1242 |
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 Namibia's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Namibia's Merchandise exports to high-income economies (% of total merchandise exports) was 30.98, according to World Bank Open Data.
- Is Namibia's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Namibia's Merchandise exports to high-income economies (% of total merchandise exports) fell 11.6% from 2022 to 2023.
- How does Namibia rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Namibia ranked #176 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Namibia'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 Namibia is below the world average. Within Sub-Saharan Africa, it ranks #39 of 48.
- 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.