United Kingdom: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , United Kingdom's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 13.06.
That's down 11.6% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . United Kingdom ranks #93 globally out of 201 reporting countries. Within Europe & Central Asia, it ranks #15 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.OR.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
- 14.78
- Trough
- 7.57
- 1-year change
- -11.6%
- 5-year change
- +1.7%
- +0.3% / yr
- 10-year change
- +12.2%
- +1.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 13.0650 | |
| 14.7811 | |
| 13.5131 | |
| 12.5850 | |
| 13.7026 | |
| 12.8466 | |
| 12.2747 | |
| 11.8082 | |
| 13.5688 | |
| 13.2525 |
About Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was United Kingdom's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, United Kingdom's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 13.06, according to World Bank Open Data.
- Is United Kingdom's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- United Kingdom's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 11.6% from 2022 to 2023.
- How does United Kingdom rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, United Kingdom ranked #93 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does United Kingdom's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023 was 18.45, so United Kingdom is below the world average. Within Europe & Central Asia, it ranks #15 of 53.
- What is Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.OR.ZS), CC BY 4.0.