Somalia, Fed. Rep.: Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
In , Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 2.97.
That's up 2.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.93 . Somalia, Fed. Rep. ranks #69 globally out of 199 reporting countries. Within Sub-Saharan Africa, it ranks #28 of 48.
Source: World Bank Open Data (TX.VAL.MRCH.R5.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
- 10.95
- Trough
- 1.87
- 1-year change
- +2.9%
- 5-year change
- -5.9%
- -1.2% / yr
- 10-year change
- -57.6%
- -8.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) |
|---|---|
| 2.9687 | |
| 2.8852 | |
| 4.6583 | |
| 1.8749 | |
| 4.1099 | |
| 3.1554 | |
| 2.3076 | |
| 3.6762 | |
| 3.2793 | |
| 8.0219 |
About Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South 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.R5.ZS • Category: Trade & Finance
Frequently asked questions
- What was Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023?
- In 2023, Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 2.97, according to World Bank Open Data.
- Is Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rising or falling?
- Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rose 2.9% from 2022 to 2023.
- How does Somalia, Fed. Rep. rank globally on Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
- In 2023, Somalia, Fed. Rep. ranked #69 out of 199 countries reporting Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports).
- How does Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023 was 4.93, so Somalia, Fed. Rep. is below the world average. Within Sub-Saharan Africa, it ranks #28 of 48.
- What is Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South 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.R5.ZS), CC BY 4.0.