United Kingdom: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
In , United Kingdom's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 2.73.
That's up 9.4% from 2022, the highest value since .
The global average for this indicator in 2023 was 5.10 . United Kingdom ranks #57 globally out of 192 reporting countries. Within Europe & Central Asia, it ranks #41 of 53.
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
- 2016 · Brexit referendum
Highlights
- Peak
- 3.73
- Trough
- 1.41
- 1-year change
- +9.4%
- 5-year change
- -26.7%
- -6.0% / yr
- 10-year change
- +31.4%
- +2.8% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) |
|---|---|
| 2.7330 | |
| 2.4987 | |
| 2.7121 | |
| 2.5234 | |
| 2.6828 | |
| 3.7286 | |
| 2.8661 | |
| 2.2378 | |
| 1.9218 | |
| 1.9601 |
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 United Kingdom's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
- In 2023, United Kingdom's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 2.73, according to World Bank Open Data.
- Is United Kingdom's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
- United Kingdom's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rose 9.4% from 2022 to 2023.
- How does United Kingdom rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
- In 2023, United Kingdom ranked #57 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
- How does United Kingdom'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 United Kingdom is below the world average. Within Europe & Central Asia, it ranks #41 of 53.
- 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.