Merchandise exports to high-income economies in Late-demographic dividend
Late-demographic dividend: Merchandise exports to high-income economies was 62.9% in 2023. ▼ Falling
Merchandise exports to high-income economies in Late-demographic dividend, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Late-demographic dividend recorded 62.9% for merchandise exports to high-income economies in 2023. That is the lowest value across all 64 years on record.
Compared with earlier readings it is down 3.4% on the previous year and down 10.6% over ten years.
Over the whole period, merchandise exports to high-income economies in Late-demographic dividend peaked at 91.0% in 1962 and was at its lowest, 62.9%, in 2023.
That places Late-demographic dividend 27th out of 47 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to high-income economies in Late-demographic dividend, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 90.4% | — |
| 1961 | 89.9% | -0.6% |
| 1962 | 91.0% | +1.3% |
| 1963 | 90.6% | -0.5% |
| 1964 | 89.0% | -1.7% |
| 1965 | 87.5% | -1.7% |
| 1966 | 87.1% | -0.5% |
| 1967 | 87.0% | -0.1% |
| 1968 | 86.9% | -0.1% |
| 1969 | 86.7% | -0.3% |
| 1970 | 87.7% | +1.1% |
| 1971 | 85.7% | -2.3% |
| 1972 | 86.4% | +0.9% |
| 1973 | 87.2% | +0.9% |
| 1974 | 85.5% | -1.9% |
| 1975 | 82.2% | -3.9% |
| 1976 | 85.3% | +3.7% |
| 1977 | 84.7% | -0.6% |
| 1978 | 85.0% | +0.3% |
| 1979 | 84.5% | -0.5% |
| 1980 | 82.8% | -2.0% |
| 1981 | 80.2% | -3.1% |
| 1982 | 79.8% | -0.5% |
| 1983 | 81.4% | +2.0% |
| 1984 | 81.3% | -0.1% |
| 1985 | 82.0% | +0.9% |
| 1986 | 83.0% | +1.2% |
| 1987 | 83.5% | +0.5% |
| 1988 | 83.8% | +0.3% |
| 1989 | 85.2% | +1.7% |
| 1990 | 85.9% | +0.9% |
| 1991 | 86.4% | +0.6% |
| 1992 | 84.4% | -2.3% |
| 1993 | 83.9% | -0.6% |
| 1994 | 82.1% | -2.1% |
| 1995 | 82.0% | -0.1% |
| 1996 | 81.6% | -0.6% |
| 1997 | 81.2% | -0.5% |
| 1998 | 82.0% | +1.0% |
| 1999 | 83.0% | +1.2% |
| 2000 | 82.4% | -0.7% |
| 2001 | 82.6% | +0.2% |
| 2002 | 81.9% | -0.8% |
| 2003 | 81.0% | -1.1% |
| 2004 | 80.3% | -0.8% |
| 2005 | 79.4% | -1.1% |
| 2006 | 78.5% | -1.1% |
| 2007 | 76.3% | -2.8% |
| 2008 | 74.6% | -2.3% |
| 2009 | 74.0% | -0.8% |
| 2010 | 72.6% | -1.9% |
| 2011 | 71.6% | -1.4% |
| 2012 | 70.4% | -1.6% |
| 2013 | 70.4% | -0.1% |
| 2014 | 70.3% | -0.1% |
| 2015 | 70.3% | +0.1% |
| 2016 | 70.3% | -0.0% |
| 2017 | 68.8% | -2.1% |
| 2018 | 68.8% | -0.1% |
| 2019 | 68.1% | -0.9% |
| 2020 | 68.6% | +0.7% |
| 2021 | 67.2% | -2.1% |
| 2022 | 65.1% | -3.1% |
| 2023 | 62.9% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 88.6% | 86.7% | 91.0% | 10 |
| 1970s | 85.4% | 82.2% | 87.7% | 10 |
| 1980s | 82.3% | 79.8% | 85.2% | 10 |
| 1990s | 83.3% | 81.2% | 86.4% | 10 |
| 2000s | 79.1% | 74.0% | 82.6% | 10 |
| 2010s | 70.2% | 68.1% | 72.6% | 10 |
| 2020s | 65.9% | 62.9% | 68.6% | 4 |
Countries ranked near Late-demographic dividend
More private sector data for Late-demographic dividend
- Merchandise trade 43.3% (2025)
- Food imports 8.9% (2024)
- Manufactures imports 59.4% (2024)
- Merchandise imports 6.71 trillion current US$ (2025)
- Food exports 7.6% (2024)
- Manufactures exports 76.8% (2024)
- Merchandise exports 8.30 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 3,560 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2603 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.18 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Late-demographic dividend?
- Merchandise exports to high-income economies in Late-demographic dividend was 62.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Late-demographic dividend?
- The highest recorded value was 91.0% in 1962.
- What is the lowest merchandise exports to high-income economies recorded in Late-demographic dividend?
- The lowest recorded value was 62.9% in 2023.
- How does Late-demographic dividend rank for merchandise exports to high-income economies?
- Late-demographic dividend ranks 27th out of 47 groups with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Late-demographic dividend?
- Over the last ten years it is down 10.6%. The long-run trend across the full record is falling.
- Where does this Late-demographic dividend 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.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.