Nigeria: Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
In , Nigeria's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 8.78.
That's up 2.1% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.93 . Nigeria ranks #29 globally out of 199 reporting countries. Within Sub-Saharan Africa, it ranks #13 of 48.
Source: World Bank Open Data (TX.VAL.MRCH.R5.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
- 16.75
- Trough
- 8.60
- 1-year change
- +2.1%
- 5-year change
- -42.4%
- -10.4% / yr
- 10-year change
- -39.6%
- -4.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) |
|---|---|
| 8.7805 | |
| 8.6040 | |
| 16.7516 | |
| 15.5404 | |
| 14.8850 | |
| 15.2468 | |
| 15.0542 | |
| 14.8844 | |
| 14.5468 | |
| 14.5463 |
About Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South 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.R5.ZS • Category: Trade & Finance
Frequently asked questions
- What was Nigeria's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023?
- In 2023, Nigeria's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 8.78, according to World Bank Open Data.
- Is Nigeria's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rising or falling?
- Nigeria's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rose 2.1% from 2022 to 2023.
- How does Nigeria rank globally on Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
- In 2023, Nigeria ranked #29 out of 199 countries reporting Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports).
- How does Nigeria's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023 was 4.93, so Nigeria is above the world average. Within Sub-Saharan Africa, it ranks #13 of 48.
- What is Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South 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.R5.ZS), CC BY 4.0.