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Serbia: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)

In , Serbia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 18.94.

That's up 0.8% from 2022, the highest value since .

The global average for this indicator in 2023 was 5.10 . Serbia ranks #18 globally out of 192 reporting countries. Within Europe & Central Asia, it ranks #14 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.R2.ZS) • Data as of 2023

Trend (2006–2023)

Serbia Merchandise exports to low- and middle-income economies in Europe & Central Asia (% 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
31.84
Trough
16.15
1-year change
+0.8%
5-year change
+16.5%
+3.1% / yr
10-year change
-15.2%
-1.6% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
18.9376
18.7808
18.5289
19.0290
16.1480
16.2561
18.7827
20.3712
21.4435
21.9446

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Serbia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
In 2023, Serbia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 18.94, according to World Bank Open Data.
Is Serbia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
Serbia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rose 0.8% from 2022 to 2023.
How does Serbia rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
In 2023, Serbia ranked #18 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
How does Serbia'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 Serbia is above the world average. Within Europe & Central Asia, it ranks #14 of 53.
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.
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Source: World Bank Open Data (TX.VAL.MRCH.R2.ZS), CC BY 4.0.