Nigeria: Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)
In , Nigeria's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 0.12.
That's up 262.6% from 2022, the highest value on record.
The global average for this indicator in 2023 was 2.46 . Nigeria ranks #139 globally out of 186 reporting countries. Within Sub-Saharan Africa, it ranks #31 of 46.
Source: World Bank Open Data (TX.VAL.MRCH.R4.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
- 0.12
- Trough
- 0.02
- 1-year change
- +262.6%
- 5-year change
- +546.0%
- +45.2% / yr
- 10-year change
- +507.9%
- +19.8% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) |
|---|---|
| 0.1235 | |
| 0.0341 | |
| 0.0539 | |
| 0.0899 | |
| 0.0208 | |
| 0.0191 | |
| 0.0209 | |
| 0.0204 | |
| 0.0203 | |
| 0.0203 |
About Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.R4.ZS • Category: Trade & Finance
Frequently asked questions
- What was Nigeria's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023?
- In 2023, Nigeria's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 0.12, according to World Bank Open Data.
- Is Nigeria's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rising or falling?
- Nigeria's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rose 262.6% from 2022 to 2023.
- How does Nigeria rank globally on Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)?
- In 2023, Nigeria ranked #139 out of 186 countries reporting Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports).
- How does Nigeria's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023 was 2.46, so Nigeria is below the world average. Within Sub-Saharan Africa, it ranks #31 of 46.
- What is Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.R4.ZS), CC BY 4.0.