Nigeria: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
In , Nigeria's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 1.81.
That's down 12.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 5.10 . Nigeria ranks #72 globally out of 192 reporting countries. Within Sub-Saharan Africa, it ranks #7 of 45.
Source: World Bank Open Data (TX.VAL.MRCH.R2.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
- 3.18
- Trough
- 1.03
- 1-year change
- -12.2%
- 5-year change
- +67.6%
- +10.9% / yr
- 10-year change
- +75.7%
- +5.8% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) |
|---|---|
| 1.8132 | |
| 2.0653 | |
| 2.1060 | |
| 3.1824 | |
| 1.0562 | |
| 1.0818 | |
| 1.0843 | |
| 1.0516 | |
| 1.0322 | |
| 1.0321 |
About Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZS • Category: Trade & Finance
Frequently asked questions
- What was Nigeria's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
- In 2023, Nigeria's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 1.81, according to World Bank Open Data.
- Is Nigeria's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
- Nigeria's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) fell 12.2% from 2022 to 2023.
- How does Nigeria rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
- In 2023, Nigeria ranked #72 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
- How does Nigeria's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023 was 5.10, so Nigeria is below the world average. Within Sub-Saharan Africa, it ranks #7 of 45.
- What is Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZS), CC BY 4.0.