Somalia, Fed. Rep.: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
In , Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 0.67.
That's down 14.5% from 2022, the highest value since .
The global average for this indicator in 2023 was 8.21 . Somalia, Fed. Rep. ranks #126 globally out of 197 reporting countries. Within Sub-Saharan Africa, it ranks #46 of 48.
Source: World Bank Open Data (TX.VAL.MRCH.R6.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
- 10.11
- Trough
- 0.13
- 1-year change
- -14.5%
- 5-year change
- -72.0%
- -22.5% / yr
- 10-year change
- +11.4%
- +1.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) |
|---|---|
| 0.6725 | |
| 0.7869 | |
| 1.5816 | |
| 1.2689 | |
| 1.6019 | |
| 2.3993 | |
| 1.2359 | |
| 1.0732 | |
| 0.7692 | |
| 10.1093 |
About Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan 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.R6.ZS • Category: Trade & Finance
Frequently asked questions
- What was Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023?
- In 2023, Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 0.67, according to World Bank Open Data.
- Is Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rising or falling?
- Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) fell 14.5% from 2022 to 2023.
- How does Somalia, Fed. Rep. rank globally on Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)?
- In 2023, Somalia, Fed. Rep. ranked #126 out of 197 countries reporting Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports).
- How does Somalia, Fed. Rep.'s Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023 was 8.21, so Somalia, Fed. Rep. is below the world average. Within Sub-Saharan Africa, it ranks #46 of 48.
- What is Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan 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.R6.ZS), CC BY 4.0.