North Macedonia: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , North Macedonia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 3.27.
That's up 11.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . North Macedonia ranks #159 globally out of 201 reporting countries. Within Europe & Central Asia, it ranks #46 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.OR.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
- 5.44
- Trough
- 0.34
- 1-year change
- +11.8%
- 5-year change
- -10.5%
- -2.2% / yr
- 10-year change
- -35.2%
- -4.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 3.2740 | |
| 2.9275 | |
| 4.2469 | |
| 4.7560 | |
| 4.6155 | |
| 3.6569 | |
| 3.2548 | |
| 3.3016 | |
| 5.4355 | |
| 4.1437 |
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 North Macedonia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, North Macedonia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 3.27, according to World Bank Open Data.
- Is North Macedonia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- North Macedonia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 11.8% from 2022 to 2023.
- How does North Macedonia rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, North Macedonia ranked #159 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does North Macedonia'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 North Macedonia is below the world average. Within Europe & Central Asia, it ranks #46 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.