Paraguay: Merchandise exports to high-income economies (% of total merchandise exports)
In , Paraguay's Merchandise exports to high-income economies (% of total merchandise exports) was 27.34.
That's down 15.5% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Paraguay ranks #180 globally out of 205 reporting countries. Within Latin America & Caribbean, it ranks #35 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.HI.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
- 42.46
- Trough
- 25.11
- 1-year change
- -15.5%
- 5-year change
- -12.4%
- -2.6% / yr
- 10-year change
- -34.7%
- -4.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 27.3426 | |
| 32.3473 | |
| 30.7985 | |
| 30.0337 | |
| 32.7152 | |
| 31.2192 | |
| 37.3403 | |
| 36.9694 | |
| 42.4577 | |
| 42.1612 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Paraguay's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Paraguay's Merchandise exports to high-income economies (% of total merchandise exports) was 27.34, according to World Bank Open Data.
- Is Paraguay's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Paraguay's Merchandise exports to high-income economies (% of total merchandise exports) fell 15.5% from 2022 to 2023.
- How does Paraguay rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Paraguay ranked #180 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Paraguay's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Paraguay is below the world average. Within Latin America & Caribbean, it ranks #35 of 36.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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.HI.ZS), CC BY 4.0.