Saudi Arabia: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
In , Saudi Arabia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 1.45.
That's up 16.5% from 2022, the highest value since .
The global average for this indicator in 2023 was 5.10 . Saudi Arabia ranks #80 globally out of 192 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #16 of 23.
Source: World Bank Open Data (TX.VAL.MRCH.R2.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
- 1.60
- Trough
- 0.95
- 1-year change
- +16.5%
- 5-year change
- +24.8%
- +4.5% / yr
- 10-year change
- +52.7%
- +4.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) |
|---|---|
| 1.4517 | |
| 1.2462 | |
| 1.5970 | |
| 1.5526 | |
| 1.1753 | |
| 1.1633 | |
| 1.1694 | |
| 0.9509 | |
| 0.9511 | |
| 0.9509 |
About Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZS • Category: Trade & Finance
Frequently asked questions
- What was Saudi Arabia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
- In 2023, Saudi Arabia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 1.45, according to World Bank Open Data.
- Is Saudi Arabia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
- Saudi Arabia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rose 16.5% from 2022 to 2023.
- How does Saudi Arabia rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
- In 2023, Saudi Arabia ranked #80 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
- How does Saudi Arabia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023 was 5.10, so Saudi Arabia is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #16 of 23.
- What is Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZS), CC BY 4.0.