Merchandise exports by the reporting economy, residual in High income
High income: Merchandise exports by the reporting economy, residual was 0.0% in 2023. ◆ Volatile
Merchandise exports by the reporting economy, residual in High income, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports by the reporting economy, residual in High income stood at 0.0%.
Compared with earlier readings it is up 15.3% on the previous year and down 85.8% over ten years.
Over the whole period, merchandise exports by the reporting economy, residual in High income peaked at 1.3% in 1960 and was at its lowest, 0.0%, in 2021.
High income ranks 24th of 47 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy, residual in High income, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 1.3% | — |
| 1961 | 1.1% | -15.8% |
| 1962 | 1.0% | -9.0% |
| 1963 | 1.0% | -3.0% |
| 1964 | 1.0% | +5.5% |
| 1965 | 1.0% | -3.1% |
| 1966 | 0.9% | -10.2% |
| 1967 | 0.8% | -6.5% |
| 1968 | 0.8% | -0.9% |
| 1969 | 0.8% | -6.3% |
| 1970 | 0.7% | -4.4% |
| 1971 | 0.7% | -0.5% |
| 1972 | 0.7% | -0.0% |
| 1973 | 0.6% | -20.0% |
| 1974 | 0.7% | +11.3% |
| 1975 | 0.8% | +19.1% |
| 1976 | 0.9% | +11.1% |
| 1977 | 1.0% | +21.5% |
| 1978 | 1.0% | -8.3% |
| 1979 | 0.7% | -22.5% |
| 1980 | 0.7% | -8.6% |
| 1981 | 0.8% | +10.5% |
| 1982 | 0.8% | +11.6% |
| 1983 | 0.4% | -49.1% |
| 1984 | 0.5% | +7.2% |
| 1985 | 0.5% | +2.6% |
| 1986 | 0.4% | -9.8% |
| 1987 | 0.4% | -1.8% |
| 1988 | 0.5% | +8.4% |
| 1989 | 0.3% | -42.7% |
| 1990 | 0.3% | -1.2% |
| 1991 | 0.3% | +27.5% |
| 1992 | 0.4% | +14.9% |
| 1993 | 0.3% | -14.3% |
| 1994 | 0.2% | -29.6% |
| 1995 | 0.2% | +2.9% |
| 1996 | 0.2% | -8.4% |
| 1997 | 0.3% | +25.7% |
| 1998 | 0.3% | +6.9% |
| 1999 | 0.2% | -21.9% |
| 2000 | 0.2% | -4.9% |
| 2001 | 0.2% | +14.9% |
| 2002 | 0.2% | -25.4% |
| 2003 | 0.1% | -46.1% |
| 2004 | 0.1% | +37.3% |
| 2005 | 0.2% | +21.1% |
| 2006 | 0.2% | +23.6% |
| 2007 | 0.2% | +6.4% |
| 2008 | 0.2% | +0.4% |
| 2009 | 0.2% | -5.4% |
| 2010 | 0.2% | -6.8% |
| 2011 | 0.2% | +2.5% |
| 2012 | 0.3% | +34.9% |
| 2013 | 0.2% | -21.1% |
| 2014 | 0.2% | -22.0% |
| 2015 | 0.1% | -17.7% |
| 2016 | 0.1% | -39.5% |
| 2017 | 0.0% | -40.0% |
| 2018 | 0.1% | +17.4% |
| 2019 | 0.0% | -65.2% |
| 2020 | 0.0% | +5.3% |
| 2021 | 0.0% | -10.1% |
| 2022 | 0.0% | +36.8% |
| 2023 | 0.0% | +15.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.0% | 0.8% | 1.3% | 10 |
| 1970s | 0.8% | 0.6% | 1.0% | 10 |
| 1980s | 0.5% | 0.3% | 0.8% | 10 |
| 1990s | 0.3% | 0.2% | 0.4% | 10 |
| 2000s | 0.2% | 0.1% | 0.2% | 10 |
| 2010s | 0.1% | 0.0% | 0.3% | 10 |
| 2020s | 0.0% | 0.0% | 0.0% | 4 |
Countries ranked near High income
- 21 Costa Rica 0.1% compare
- 22 Iran 0.1% compare
- 23 El Salvador 0.1% compare
- 24 Grenada 0.1% compare
- 25 Guatemala 0.1% compare
- 26 Trinidad and Tobago 0.1% compare
- 27 Bolivia 0.0% compare
More private sector data for High income
- Merchandise trade 45.2% (2025)
- Food imports 8.9% (2024)
- Manufactures imports 71.2% (2024)
- Merchandise imports 18.36 trillion current US$ (2025)
- Food exports 8.7% (2024)
- Manufactures exports 67.8% (2024)
- Merchandise exports 17.55 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 12,325 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2282 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.52 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy, residual in High income?
- Merchandise exports by the reporting economy, residual in High income was 0.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy, residual recorded in High income?
- The highest recorded value was 1.3% in 1960.
- What is the lowest merchandise exports by the reporting economy, residual recorded in High income?
- The lowest recorded value was 0.0% in 2021.
- How does High income rank for merchandise exports by the reporting economy, residual?
- High income ranks 24th out of 47 groups with data for 2023.
- Is merchandise exports by the reporting economy, residual rising or falling in High income?
- Over the last ten years it is down 85.8%. The long-run trend across the full record is volatile.
- Where does this High income data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy, residual (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.