Saudi Arabia: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
In , Saudi Arabia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 23.54.
That's up 2.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 14.77 . Saudi Arabia ranks #47 globally out of 204 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #4 of 23.
Source: World Bank Open Data (TX.VAL.MRCH.R1.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
- 24.22
- Trough
- 17.58
- 1-year change
- +2.3%
- 5-year change
- +22.6%
- +4.2% / yr
- 10-year change
- +24.5%
- +2.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) |
|---|---|
| 23.5415 | |
| 23.0196 | |
| 23.9018 | |
| 24.0692 | |
| 24.2240 | |
| 19.2096 | |
| 17.5797 | |
| 18.9142 | |
| 18.9141 | |
| 18.9141 |
About Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.R1.ZS • Category: Trade & Finance
Frequently asked questions
- What was Saudi Arabia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
- In 2023, Saudi Arabia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 23.54, according to World Bank Open Data.
- Is Saudi Arabia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
- Saudi Arabia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rose 2.3% from 2022 to 2023.
- How does Saudi Arabia rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
- In 2023, Saudi Arabia ranked #47 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
- How does Saudi Arabia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Saudi Arabia is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #4 of 23.
- What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.R1.ZS), CC BY 4.0.