Venezuela, RB: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
In , Venezuela, RB's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 1.21.
That's down 43.4% from 2022, the highest value since .
The global average for this indicator in 2023 was 8.21 . Venezuela, RB ranks #98 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #9 of 36.
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
- 3.19
- Trough
- 0.02
- 1-year change
- -43.4%
- 5-year change
- +270.2%
- +29.9% / yr
- 10-year change
- +1,133.0%
- +28.6% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) |
|---|---|
| 1.2089 | |
| 2.1348 | |
| 3.1950 | |
| 1.9723 | |
| 0.6297 | |
| 0.3265 | |
| 0.3411 | |
| 0.4434 | |
| 0.3482 | |
| 0.3256 |
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 Venezuela, RB's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023?
- In 2023, Venezuela, RB's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 1.21, according to World Bank Open Data.
- Is Venezuela, RB's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rising or falling?
- Venezuela, RB's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) fell 43.4% from 2022 to 2023.
- How does Venezuela, RB rank globally on Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)?
- In 2023, Venezuela, RB ranked #98 out of 197 countries reporting Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports).
- How does Venezuela, RB'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 Venezuela, RB is below the world average. Within Latin America & Caribbean, it ranks #9 of 36.
- 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.