Somalia, Fed. Rep.: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
In , Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 0.24.
That's down 49.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 5.10 . Somalia, Fed. Rep. ranks #145 globally out of 192 reporting countries. Within Sub-Saharan Africa, it ranks #30 of 45.
Source: World Bank Open Data (TX.VAL.MRCH.R2.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
- 6.07
- Trough
- 0.07
- 1-year change
- -49.3%
- 5-year change
- -82.9%
- -29.8% / yr
- 10-year change
- +40.2%
- +3.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) |
|---|---|
| 0.2427 | |
| 0.4782 | |
| 2.1889 | |
| 6.0721 | |
| 1.3233 | |
| 1.4202 | |
| 0.3174 | |
| 2.4347 | |
| 0.1758 | |
| 0.2396 |
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.ZS • Category: Trade & Finance
Frequently asked questions
- What was Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
- In 2023, Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 0.24, according to World Bank Open Data.
- Is Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
- Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) fell 49.3% from 2022 to 2023.
- How does Somalia, Fed. Rep. rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
- In 2023, Somalia, Fed. Rep. ranked #145 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
- How does Somalia, Fed. Rep.'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 Somalia, Fed. Rep. is below the world average. Within Sub-Saharan Africa, it ranks #30 of 45.
- 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.
Source: World Bank Open Data (TX.VAL.MRCH.R2.ZS), CC BY 4.0.