Merchandise exports by the reporting economy, residual in Upper middle income
Upper middle income: Merchandise exports by the reporting economy, residual was 0.1% in 2023. ◆ Volatile
Merchandise exports by the reporting economy, residual in Upper middle income, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports by the reporting economy, residual in Upper middle income is 0.1%, measured in 2023.
The figure is up 9.6% on the previous year and down 76.8% over ten years.
Over the whole period, merchandise exports by the reporting economy, residual in Upper middle income peaked at 1.0% in 1978 and was at its lowest, 0.1%, in 2019.
Upper middle income ranks 6th of 47 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy, residual in Upper middle income, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.3% | — |
| 1961 | 0.2% | -41.4% |
| 1962 | 0.2% | +30.2% |
| 1963 | 0.3% | +11.9% |
| 1964 | 0.4% | +46.0% |
| 1965 | 0.3% | -20.8% |
| 1966 | 0.2% | -21.0% |
| 1967 | 0.2% | -5.2% |
| 1968 | 0.2% | +4.0% |
| 1969 | 0.3% | +38.9% |
| 1970 | 0.3% | -1.7% |
| 1971 | 0.4% | +22.0% |
| 1972 | 0.5% | +24.5% |
| 1973 | 0.5% | +13.2% |
| 1974 | 0.5% | -9.2% |
| 1975 | 0.7% | +36.0% |
| 1976 | 0.8% | +13.8% |
| 1977 | 1.0% | +30.6% |
| 1978 | 1.0% | +2.6% |
| 1979 | 0.8% | -17.9% |
| 1980 | 0.5% | -34.2% |
| 1981 | 0.7% | +20.1% |
| 1982 | 0.7% | +5.4% |
| 1983 | 0.3% | -56.8% |
| 1984 | 0.4% | +24.8% |
| 1985 | 0.3% | -9.2% |
| 1986 | 0.4% | +21.5% |
| 1987 | 0.4% | +6.2% |
| 1988 | 0.5% | +11.2% |
| 1989 | 0.3% | -43.4% |
| 1990 | 0.3% | +5.4% |
| 1991 | 0.4% | +43.1% |
| 1992 | 0.5% | +10.6% |
| 1993 | 0.4% | -3.6% |
| 1994 | 0.3% | -32.6% |
| 1995 | 0.4% | +43.0% |
| 1996 | 0.4% | -14.0% |
| 1997 | 0.4% | +19.2% |
| 1998 | 0.4% | +1.6% |
| 1999 | 0.3% | -27.9% |
| 2000 | 0.3% | +9.1% |
| 2001 | 0.5% | +39.5% |
| 2002 | 0.3% | -34.0% |
| 2003 | 0.2% | -38.3% |
| 2004 | 0.4% | +82.3% |
| 2005 | 0.4% | +13.5% |
| 2006 | 0.5% | +20.7% |
| 2007 | 0.6% | +28.1% |
| 2008 | 0.6% | -4.6% |
| 2009 | 0.5% | -10.3% |
| 2010 | 0.4% | -25.7% |
| 2011 | 0.5% | +14.6% |
| 2012 | 0.5% | +18.3% |
| 2013 | 0.4% | -23.3% |
| 2014 | 0.4% | -11.5% |
| 2015 | 0.3% | -18.2% |
| 2016 | 0.2% | -47.6% |
| 2017 | 0.1% | -38.2% |
| 2018 | 0.1% | -16.0% |
| 2019 | 0.1% | -22.8% |
| 2020 | 0.1% | +7.8% |
| 2021 | 0.1% | +6.8% |
| 2022 | 0.1% | +21.0% |
| 2023 | 0.1% | +9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3% | 0.2% | 0.4% | 10 |
| 1970s | 0.6% | 0.3% | 1.0% | 10 |
| 1980s | 0.5% | 0.3% | 0.7% | 10 |
| 1990s | 0.4% | 0.3% | 0.5% | 10 |
| 2000s | 0.4% | 0.2% | 0.6% | 10 |
| 2010s | 0.3% | 0.1% | 0.5% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 4 |
Countries ranked near Upper middle income
More private sector data for Upper middle income
- Merchandise trade 42.8% (2025)
- Food imports 8.5% (2024)
- Manufactures imports 59.5% (2024)
- Merchandise imports 6.62 trillion current US$ (2025)
- Food exports 9.5% (2024)
- Manufactures exports 75.8% (2024)
- Merchandise exports 7.67 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,493 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2289 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.45 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy, residual in Upper middle income?
- Merchandise exports by the reporting economy, residual in Upper 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 Upper middle income?
- The highest recorded value was 1.0% in 1978.
- What is the lowest merchandise exports by the reporting economy, residual recorded in Upper middle income?
- The lowest recorded value was 0.1% in 2019.
- How does Upper middle income rank for merchandise exports by the reporting economy, residual?
- Upper middle income ranks 6th out of 47 groups with data for 2023.
- Is merchandise exports by the reporting economy, residual rising or falling in Upper middle income?
- Over the last ten years it is down 76.8%. The long-run trend across the full record is volatile.
- Where does this Upper 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
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.