Merchandise exports by the reporting economy, residual in Low & middle income
Low & middle income: Merchandise exports by the reporting economy, residual was 0.1% in 2023. ▼ Falling
Merchandise exports by the reporting economy, residual in Low & middle income, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Low & middle income recorded 0.1% for merchandise exports by the reporting economy, residual in 2023.
The figure is up 8.6% on the previous year and down 76.5% over ten years.
Over the whole period, merchandise exports by the reporting economy, residual in Low & middle income peaked at 0.7% in 1978 and was at its lowest, 0.1%, in 2019.
That places Low & middle income 10th out of 47 groups with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports by the reporting economy, residual in Low & middle income, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.2% | — |
| 1961 | 0.1% | -32.0% |
| 1962 | 0.2% | +28.0% |
| 1963 | 0.1% | -19.6% |
| 1964 | 0.2% | +69.0% |
| 1965 | 0.2% | -29.8% |
| 1966 | 0.1% | -15.1% |
| 1967 | 0.1% | +0.9% |
| 1968 | 0.1% | +4.7% |
| 1969 | 0.2% | +27.6% |
| 1970 | 0.2% | -1.6% |
| 1971 | 0.3% | +36.9% |
| 1972 | 0.3% | +16.4% |
| 1973 | 0.3% | +11.2% |
| 1974 | 0.3% | -6.2% |
| 1975 | 0.4% | +39.3% |
| 1976 | 0.5% | +15.2% |
| 1977 | 0.6% | +32.4% |
| 1978 | 0.7% | +9.3% |
| 1979 | 0.6% | -16.0% |
| 1980 | 0.4% | -29.2% |
| 1981 | 0.5% | +15.2% |
| 1982 | 0.5% | +8.3% |
| 1983 | 0.2% | -56.1% |
| 1984 | 0.3% | +26.3% |
| 1985 | 0.3% | -10.0% |
| 1986 | 0.3% | +23.5% |
| 1987 | 0.3% | +7.7% |
| 1988 | 0.4% | +11.0% |
| 1989 | 0.2% | -42.9% |
| 1990 | 0.2% | +5.7% |
| 1991 | 0.3% | +45.1% |
| 1992 | 0.4% | +11.9% |
| 1993 | 0.4% | -3.4% |
| 1994 | 0.3% | -31.6% |
| 1995 | 0.4% | +43.1% |
| 1996 | 0.3% | -14.4% |
| 1997 | 0.4% | +20.6% |
| 1998 | 0.4% | +4.7% |
| 1999 | 0.3% | -28.4% |
| 2000 | 0.3% | +11.1% |
| 2001 | 0.4% | +39.4% |
| 2002 | 0.3% | -33.7% |
| 2003 | 0.2% | -37.0% |
| 2004 | 0.3% | +78.8% |
| 2005 | 0.4% | +10.9% |
| 2006 | 0.4% | +20.3% |
| 2007 | 0.5% | +27.6% |
| 2008 | 0.5% | -6.2% |
| 2009 | 0.5% | -8.2% |
| 2010 | 0.4% | -24.7% |
| 2011 | 0.4% | +12.9% |
| 2012 | 0.5% | +19.9% |
| 2013 | 0.4% | -23.0% |
| 2014 | 0.3% | -10.7% |
| 2015 | 0.3% | -16.4% |
| 2016 | 0.1% | -48.0% |
| 2017 | 0.1% | -37.6% |
| 2018 | 0.1% | -17.2% |
| 2019 | 0.1% | -19.1% |
| 2020 | 0.1% | +24.6% |
| 2021 | 0.1% | -7.1% |
| 2022 | 0.1% | +15.6% |
| 2023 | 0.1% | +8.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2% | 0.1% | 0.2% | 10 |
| 1970s | 0.4% | 0.2% | 0.7% | 10 |
| 1980s | 0.3% | 0.2% | 0.5% | 10 |
| 1990s | 0.3% | 0.2% | 0.4% | 10 |
| 2000s | 0.4% | 0.2% | 0.5% | 10 |
| 2010s | 0.3% | 0.1% | 0.5% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 4 |
Countries ranked near Low & middle income
More private sector data for Low & middle income
- Merchandise trade 41.5% (2025)
- Food imports 8.8% (2024)
- Manufactures imports 58.0% (2024)
- Merchandise imports 8.33 trillion current US$ (2025)
- Food exports 10.2% (2024)
- Manufactures exports 72.6% (2024)
- Merchandise exports 8.84 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 1,301 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.213 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.48 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy, residual in Low & middle income?
- Merchandise exports by the reporting economy, residual in Low & middle income was 0.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy, residual recorded in Low & middle income?
- The highest recorded value was 0.7% in 1978.
- What is the lowest merchandise exports by the reporting economy, residual recorded in Low & middle income?
- The lowest recorded value was 0.1% in 2019.
- How does Low & middle income rank for merchandise exports by the reporting economy, residual?
- Low & middle income ranks 10th out of 47 groups with data for 2023.
- Is merchandise exports by the reporting economy, residual rising or falling in Low & middle income?
- Over the last ten years it is down 76.5%. The long-run trend across the full record is falling.
- Where does this Low & middle 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.
Download this data
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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.