Serbia: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Serbia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 6.89.
That's up 11.1% from 2022, the highest value on record.
The global average for this indicator in 2023 was 18.45 . Serbia ranks #130 globally out of 201 reporting countries. Within Europe & Central Asia, it ranks #31 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS) • Data as of 2023
Trend (2006–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 6.89
- Trough
- 1.69
- 1-year change
- +11.1%
- 5-year change
- +167.5%
- +21.7% / yr
- 10-year change
- +221.3%
- +12.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 6.8855 | |
| 6.1951 | |
| 6.2171 | |
| 4.8087 | |
| 3.9612 | |
| 2.5743 | |
| 2.5217 | |
| 2.6530 | |
| 2.6525 | |
| 2.1905 |
About Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Serbia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Serbia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 6.89, according to World Bank Open Data.
- Is Serbia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Serbia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rose 11.1% from 2022 to 2023.
- How does Serbia rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Serbia ranked #130 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Serbia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023 was 18.45, so Serbia is below the world average. Within Europe & Central Asia, it ranks #31 of 53.
- What is Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.
Source: World Bank Open Data (TX.VAL.MRCH.OR.ZS), CC BY 4.0.