Merchandise exports to high-income economies in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Merchandise exports to high-income economies was 47.8% in 2023. ▼ Falling
Merchandise exports to high-income economies in Heavily indebted poor countries (HIPC), 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Heavily indebted poor countries (HIPC) recorded 47.8% for merchandise exports to high-income economies in 2023.
That represents a change of down 5.8% on the previous year and down 2.4% over ten years.
Over the whole period, merchandise exports to high-income economies in Heavily indebted poor countries (HIPC) peaked at 88.3% in 1966 and was at its lowest, 44.3%, in 2018.
That places Heavily indebted poor countries (HIPC) 44th out of 47 groups with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to high-income economies in Heavily indebted poor countries (HIPC), year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 86.9% | — |
| 1961 | 87.5% | +0.7% |
| 1962 | 86.2% | -1.4% |
| 1963 | 86.9% | +0.8% |
| 1964 | 87.4% | +0.5% |
| 1965 | 86.7% | -0.7% |
| 1966 | 88.3% | +1.8% |
| 1967 | 87.7% | -0.6% |
| 1968 | 87.8% | +0.1% |
| 1969 | 85.9% | -2.2% |
| 1970 | 84.3% | -1.9% |
| 1971 | 83.0% | -1.5% |
| 1972 | 78.7% | -5.2% |
| 1973 | 78.5% | -0.2% |
| 1974 | 78.8% | +0.3% |
| 1975 | 81.2% | +3.0% |
| 1976 | 85.5% | +5.3% |
| 1977 | 86.0% | +0.5% |
| 1978 | 85.0% | -1.2% |
| 1979 | 83.6% | -1.6% |
| 1980 | 82.8% | -0.9% |
| 1981 | 80.7% | -2.5% |
| 1982 | 82.1% | +1.7% |
| 1983 | 82.1% | +0.0% |
| 1984 | 84.0% | +2.3% |
| 1985 | 83.0% | -1.2% |
| 1986 | 83.3% | +0.3% |
| 1987 | 81.7% | -1.9% |
| 1988 | 83.8% | +2.6% |
| 1989 | 81.1% | -3.3% |
| 1990 | 79.4% | -2.1% |
| 1991 | 77.5% | -2.5% |
| 1992 | 78.0% | +0.7% |
| 1993 | 76.6% | -1.8% |
| 1994 | 74.5% | -2.8% |
| 1995 | 75.1% | +0.8% |
| 1996 | 74.0% | -1.4% |
| 1997 | 75.8% | +2.3% |
| 1998 | 76.0% | +0.3% |
| 1999 | 75.5% | -0.7% |
| 2000 | 58.0% | -23.1% |
| 2001 | 58.7% | +1.1% |
| 2002 | 60.2% | +2.6% |
| 2003 | 58.3% | -3.1% |
| 2004 | 55.0% | -5.7% |
| 2005 | 52.2% | -5.0% |
| 2006 | 60.2% | +15.2% |
| 2007 | 59.5% | -1.1% |
| 2008 | 59.3% | -0.2% |
| 2009 | 56.8% | -4.3% |
| 2010 | 56.0% | -1.4% |
| 2011 | 53.9% | -3.7% |
| 2012 | 52.2% | -3.2% |
| 2013 | 48.9% | -6.2% |
| 2014 | 50.1% | +2.4% |
| 2015 | 48.9% | -2.4% |
| 2016 | 51.8% | +6.0% |
| 2017 | 49.9% | -3.8% |
| 2018 | 44.3% | -11.1% |
| 2019 | 47.8% | +7.8% |
| 2020 | 49.8% | +4.2% |
| 2021 | 48.1% | -3.3% |
| 2022 | 50.7% | +5.3% |
| 2023 | 47.8% | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 87.1% | 85.9% | 88.3% | 10 |
| 1970s | 82.5% | 78.5% | 86.0% | 10 |
| 1980s | 82.5% | 80.7% | 84.0% | 10 |
| 1990s | 76.2% | 74.0% | 79.4% | 10 |
| 2000s | 57.8% | 52.2% | 60.2% | 10 |
| 2010s | 50.4% | 44.3% | 56.0% | 10 |
| 2020s | 49.1% | 47.8% | 50.7% | 4 |
Countries ranked near Heavily indebted poor countries (HIPC)
More private sector data for Heavily indebted poor countries (HIPC)
- Merchandise trade 45.6% (2025)
- Food imports 14.9% (2023)
- Manufactures imports 59.9% (2023)
- Merchandise imports 306.76 billion current US$ (2025)
- Food exports 27.0% (2023)
- Manufactures exports 14.1% (2023)
- Merchandise exports 279.71 billion current US$ (2025)
- Merchandise exports (current US$), per capita 289.81 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2176 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 20.37 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Heavily indebted poor countries (HIPC)?
- Merchandise exports to high-income economies in Heavily indebted poor countries (HIPC) was 47.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 88.3% in 1966.
- What is the lowest merchandise exports to high-income economies recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 44.3% in 2018.
- How does Heavily indebted poor countries (HIPC) rank for merchandise exports to high-income economies?
- Heavily indebted poor countries (HIPC) ranks 44th out of 47 groups with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is falling.
- Where does this Heavily indebted poor countries (HIPC) data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies 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.