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Serbia: Merchandise exports to high-income economies (% of total merchandise exports)

In , Serbia's Merchandise exports to high-income economies (% of total merchandise exports) was 74.18.

That's down 1.1% from 2022, the highest value since .

The global average for this indicator in 2023 was 60.91 . Serbia ranks #78 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #38 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023

Trend (2006–2023)

Serbia Merchandise exports to high-income economies (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
81.17
Trough
63.72
1-year change
-1.1%
5-year change
-8.6%
-1.8% / yr
10-year change
-1.8%
-0.2% / yr

Historical Data — Last 10 Years

Year Merchandise exports to high-income economies (% of total merchandise exports)
74.1764
75.0239
75.2541
76.1592
79.8905
81.1696
78.6956
76.9754
75.9040
75.8647

About Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Serbia's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
In 2023, Serbia's Merchandise exports to high-income economies (% of total merchandise exports) was 74.18, according to World Bank Open Data.
Is Serbia's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
Serbia's Merchandise exports to high-income economies (% of total merchandise exports) fell 1.1% from 2022 to 2023.
How does Serbia rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
In 2023, Serbia ranked #78 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
How does Serbia's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Serbia is above the world average. Within Europe & Central Asia, it ranks #38 of 53.
What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.
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Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.