Merchandise exports to high-income economies in Least developed countries

Least developed countries: Merchandise exports to high-income economies was 49.7% in 2023. ▼ Falling

Latest (2023)
49.7%
Change on year
down 9.3%
Rank
40th
of 47 groups
All-time high
84.8%
in 1968
All-time low
39.5%
in 2000
Years of data
64
1960–2023

Merchandise exports to high-income economies in Least developed countries, 1960–2023

020406080196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

The most recent figure for merchandise exports to high-income economies in Least developed countries is 49.7%, measured in 2023.

That represents a change of down 9.3% on the previous year and up 2.8% over ten years.

Over the whole period, merchandise exports to high-income economies in Least developed countries peaked at 84.8% in 1968 and was at its lowest, 39.5%, in 2000.

That places Least developed countries 40th 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 Least developed countries, year by year

Annual values for Merchandise exports to high-income economies (% of total merchandise exports) in Least developed countries, 1960 to 2023.
Year % of total merchandise exports Change
1960 75.5%
1961 77.1% +2.1%
1962 76.4% -1.0%
1963 79.0% +3.4%
1964 80.8% +2.4%
1965 80.3% -0.7%
1966 84.1% +4.7%
1967 83.6% -0.6%
1968 84.8% +1.5%
1969 83.2% -1.9%
1970 81.4% -2.1%
1971 79.6% -2.3%
1972 75.5% -5.1%
1973 76.5% +1.2%
1974 77.9% +1.8%
1975 79.4% +2.0%
1976 83.9% +5.6%
1977 83.0% -1.0%
1978 80.7% -2.8%
1979 79.3% -1.7%
1980 78.1% -1.6%
1981 76.9% -1.5%
1982 80.3% +4.4%
1983 82.3% +2.4%
1984 82.4% +0.2%
1985 82.5% +0.1%
1986 83.0% +0.6%
1987 82.7% -0.4%
1988 83.3% +0.8%
1989 83.8% +0.5%
1990 83.5% -0.3%
1991 81.1% -2.8%
1992 81.4% +0.3%
1993 77.7% -4.5%
1994 76.8% -1.2%
1995 72.8% -5.2%
1996 71.5% -1.7%
1997 73.7% +3.1%
1998 77.2% +4.7%
1999 73.9% -4.3%
2000 39.5% -46.5%
2001 41.5% +5.0%
2002 42.1% +1.4%
2003 46.6% +10.8%
2004 54.1% +16.0%
2005 56.9% +5.1%
2006 60.8% +6.9%
2007 60.4% -0.6%
2008 59.6% -1.3%
2009 55.0% -7.7%
2010 53.4% -2.9%
2011 54.6% +2.2%
2012 46.6% -14.7%
2013 48.3% +3.7%
2014 48.1% -0.4%
2015 50.2% +4.2%
2016 50.4% +0.3%
2017 47.9% -4.9%
2018 45.9% -4.0%
2019 49.3% +7.3%
2020 52.0% +5.4%
2021 49.6% -4.5%
2022 54.7% +10.3%
2023 49.7% -9.3%

Biggest year-on-year movements

Years where Merchandise exports to high-income economies in Least developed countries changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2000 -46.5% 73.9% 39.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 80.5% 75.5% 84.8% 10
1970s 79.7% 75.5% 83.9% 10
1980s 81.5% 76.9% 83.8% 10
1990s 77.0% 71.5% 83.5% 10
2000s 51.7% 39.5% 60.8% 10
2010s 49.5% 45.9% 54.6% 10
2020s 51.5% 49.6% 54.7% 4

Countries ranked near Least developed countries

  1. 37 Latvia 85.9% compare
  2. 38 Libya 85.6% compare
  3. 39 Somalia 85.2% compare
  4. 40 Finland 84.7% compare
  5. 41 Tuvalu 84.6% compare
  6. 42 Tunisia 84.5% compare
  7. 43 Central African Republic 84.3% compare

See the full ranking of 253 places →

More private sector data for Least developed countries

All data for Least developed countries →

Frequently asked questions

What is merchandise exports to high-income economies in Least developed countries?
Merchandise exports to high-income economies in Least developed countries was 49.7% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to high-income economies recorded in Least developed countries?
The highest recorded value was 84.8% in 1968.
What is the lowest merchandise exports to high-income economies recorded in Least developed countries?
The lowest recorded value was 39.5% in 2000.
How does Least developed countries rank for merchandise exports to high-income economies?
Least developed countries ranks 40th out of 47 groups with data for 2023.
Is merchandise exports to high-income economies rising or falling in Least developed countries?
Over the last ten years it is up 2.8%. The long-run trend across the full record is falling.
Where does this Least developed countries 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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Merchandise exports to high-income economies in Least developed countries. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-high-income-economies-percent-of-total-merchandise-exports/least-developed-countries-un-classification/

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About this data

Indicator
Merchandise exports to high-income economies (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,486 data points, 1960–2023
Last refreshed

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.