Palau: Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
In , Palau's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 27.73.
That's up 9.2% from 2022, the highest value on record.
The global average for this indicator in 2023 was 4.94 . Palau ranks #11 globally out of 192 reporting countries. Within East Asia & Pacific, it ranks #1 of 29.
Source: World Bank Open Data (TX.VAL.MRCH.R3.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
- 27.73
- Trough
- 0.38
- 1-year change
- +9.2%
- 5-year change
- +1,153.5%
- +65.8% / yr
- 10-year change
- +1,044.0%
- +27.6% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) |
|---|---|
| 27.7279 | |
| 25.3884 | |
| 4.2611 | |
| 8.3433 | |
| 7.3832 | |
| 2.2120 | |
| 2.8457 | |
| 1.0834 | |
| 13.0536 | |
| 1.6503 |
About Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS • Category: Trade & Finance
Frequently asked questions
- What was Palau's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023?
- In 2023, Palau's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) was 27.73, according to World Bank Open Data.
- Is Palau's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rising or falling?
- Palau's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) rose 9.2% from 2022 to 2023.
- How does Palau rank globally on Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)?
- In 2023, Palau ranked #11 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports).
- How does Palau's Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in 2023 was 4.94, so Palau is above the world average. Within East Asia & Pacific, it ranks #1 of 29.
- What is Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.R3.ZS), CC BY 4.0.