Serbia: Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
In , Serbia's Merchandise exports to low- and middle-income economies within region (% 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 21.22 . Serbia ranks #85 globally out of 202 reporting countries. Within Europe & Central Asia, it ranks #14 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.WR.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
- 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 within region (% 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 within region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Indicator code: TX.VAL.MRCH.WR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Serbia's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023?
- In 2023, Serbia's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 18.94, according to World Bank Open Data.
- Is Serbia's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rising or falling?
- Serbia's Merchandise exports to low- and middle-income economies within region (% 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 within region (% of total merchandise exports)?
- In 2023, Serbia ranked #85 out of 202 countries reporting Merchandise exports to low- and middle-income economies within region (% of total merchandise exports).
- How does Serbia's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023 was 21.22, so Serbia is below the world average. Within Europe & Central Asia, it ranks #14 of 53.
- What is Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Source: World Bank Open Data (TX.VAL.MRCH.WR.ZS), CC BY 4.0.