Somalia, Fed. Rep.: Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)
In , Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 10.07.
That's up 61.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 2.46 . Somalia, Fed. Rep. ranks #12 globally out of 186 reporting countries. Within Sub-Saharan Africa, it ranks #2 of 46.
Source: World Bank Open Data (TX.VAL.MRCH.R4.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
- 42.96
- Trough
- 4.89
- 1-year change
- +61.9%
- 5-year change
- -26.6%
- -6.0% / yr
- 10-year change
- -3.0%
- -0.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) |
|---|---|
| 10.0744 | |
| 6.2238 | |
| 5.6236 | |
| 7.9041 | |
| 7.2569 | |
| 13.7166 | |
| 14.6260 | |
| 4.8884 | |
| 7.3761 | |
| 6.5201 |
About Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.R4.ZS • Category: Trade & Finance
Frequently asked questions
- What was Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023?
- In 2023, Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 10.07, according to World Bank Open Data.
- Is Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rising or falling?
- Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rose 61.9% from 2022 to 2023.
- How does Somalia, Fed. Rep. rank globally on Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)?
- In 2023, Somalia, Fed. Rep. ranked #12 out of 186 countries reporting Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports).
- How does Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023 was 2.46, so Somalia, Fed. Rep. is above the world average. Within Sub-Saharan Africa, it ranks #2 of 46.
- What is Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.R4.ZS), CC BY 4.0.