Philippines: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
In , Philippines's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 0.21.
That's up 14.4% from 2022, the highest value since .
The global average for this indicator in 2023 was 8.21 . Philippines ranks #163 globally out of 197 reporting countries. Within East Asia & Pacific, it ranks #23 of 28.
Source: World Bank Open Data (TX.VAL.MRCH.R6.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
- 1.26
- Trough
- 0.16
- 1-year change
- +14.4%
- 5-year change
- -31.6%
- -7.3% / yr
- 10-year change
- -68.3%
- -10.8% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) |
|---|---|
| 0.2149 | |
| 0.1878 | |
| 0.2548 | |
| 0.1810 | |
| 0.2622 | |
| 0.3140 | |
| 0.2305 | |
| 0.4092 | |
| 1.2642 | |
| 0.4781 |
About Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa 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.R6.ZS • Category: Trade & Finance
Frequently asked questions
- What was Philippines's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023?
- In 2023, Philippines's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 0.21, according to World Bank Open Data.
- Is Philippines's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rising or falling?
- Philippines's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rose 14.4% from 2022 to 2023.
- How does Philippines rank globally on Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)?
- In 2023, Philippines ranked #163 out of 197 countries reporting Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports).
- How does Philippines's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023 was 8.21, so Philippines is below the world average. Within East Asia & Pacific, it ranks #23 of 28.
- What is Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa 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.R6.ZS), CC BY 4.0.