United Kingdom: Merchandise exports to high-income economies (% of total merchandise exports)
In , United Kingdom's Merchandise exports to high-income economies (% of total merchandise exports) was 84.20.
That's up 1.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . United Kingdom ranks #44 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #22 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.HI.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
- 2016 · Brexit referendum
Highlights
- Peak
- 90.77
- Trough
- 82.71
- 1-year change
- +1.8%
- 5-year change
- +0.9%
- +0.2% / yr
- 10-year change
- -2.3%
- -0.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 84.1972 | |
| 82.7140 | |
| 83.7702 | |
| 84.8884 | |
| 83.6082 | |
| 83.4091 | |
| 84.8394 | |
| 85.9192 | |
| 84.4391 | |
| 84.7200 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was United Kingdom's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, United Kingdom's Merchandise exports to high-income economies (% of total merchandise exports) was 84.20, according to World Bank Open Data.
- Is United Kingdom's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- United Kingdom's Merchandise exports to high-income economies (% of total merchandise exports) rose 1.8% from 2022 to 2023.
- How does United Kingdom rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, United Kingdom ranked #44 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does United Kingdom's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so United Kingdom is above the world average. Within Europe & Central Asia, it ranks #22 of 53.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.HI.ZS), CC BY 4.0.