Palau: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Palau's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 28.91.
That's up 4.9% from 2022, the highest value on record.
The global average for this indicator in 2023 was 18.45 . Palau ranks #43 globally out of 201 reporting countries. Within East Asia & Pacific, it ranks #1 of 32.
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
- 28.91
- Trough
- 0.77
- 1-year change
- +4.9%
- 5-year change
- +185.5%
- +23.3% / yr
- 10-year change
- +1,036.4%
- +27.5% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 28.9107 | |
| 27.5563 | |
| 9.6998 | |
| 21.3266 | |
| 9.9823 | |
| 10.1254 | |
| 3.2478 | |
| 2.3589 | |
| 15.8926 | |
| 2.2300 |
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 Palau's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Palau's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 28.91, according to World Bank Open Data.
- Is Palau's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Palau's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 4.9% from 2022 to 2023.
- How does Palau rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Palau ranked #43 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Palau'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 Palau is above the world average. Within East Asia & Pacific, it ranks #1 of 32.
- 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.