Saudi Arabia: Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)
In , Saudi Arabia's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 5.78.
That's down 18.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 2.46 . Saudi Arabia ranks #21 globally out of 186 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #12 of 23.
Source: World Bank Open Data (TX.VAL.MRCH.R4.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
- 7.43
- Trough
- 3.70
- 1-year change
- -18.8%
- 5-year change
- +32.5%
- +5.8% / yr
- 10-year change
- +56.3%
- +4.6% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) |
|---|---|
| 5.7786 | |
| 7.1189 | |
| 7.4330 | |
| 6.4430 | |
| 5.5887 | |
| 4.3601 | |
| 5.5012 | |
| 3.6966 | |
| 3.6965 | |
| 3.6965 |
About Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North 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.R4.ZS • Category: Trade & Finance
Frequently asked questions
- What was Saudi Arabia's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023?
- In 2023, Saudi Arabia's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 5.78, according to World Bank Open Data.
- Is Saudi Arabia's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rising or falling?
- Saudi Arabia's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) fell 18.8% from 2022 to 2023.
- How does Saudi Arabia rank globally on Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)?
- In 2023, Saudi Arabia ranked #21 out of 186 countries reporting Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports).
- How does Saudi Arabia's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023 was 2.46, so Saudi Arabia is above the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #12 of 23.
- What is Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North 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.R4.ZS), CC BY 4.0.