Saudi Arabia: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
In , Saudi Arabia's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 2.64.
That's down 8.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 8.21 . Saudi Arabia ranks #67 globally out of 197 reporting countries. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #11 of 23.
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
- 4.27
- Trough
- 2.64
- 1-year change
- -8.6%
- 5-year change
- -29.9%
- -6.9% / yr
- 10-year change
- -33.0%
- -3.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) |
|---|---|
| 2.6420 | |
| 2.8895 | |
| 4.2691 | |
| 3.5777 | |
| 3.0780 | |
| 3.7715 | |
| 3.7926 | |
| 3.9437 | |
| 3.9439 | |
| 3.9439 |
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 Saudi Arabia's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023?
- In 2023, Saudi Arabia's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 2.64, according to World Bank Open Data.
- Is Saudi Arabia's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rising or falling?
- Saudi Arabia's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) fell 8.6% from 2022 to 2023.
- How does Saudi Arabia rank globally on Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)?
- In 2023, Saudi Arabia ranked #67 out of 197 countries reporting Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports).
- How does Saudi Arabia'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 Saudi Arabia is below the world average. Within Middle East, North Africa, Afghanistan & Pakistan, it ranks #11 of 23.
- 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.