Merchandise exports to low- and middle-income economies in Europe & in Cyprus

Cyprus: Merchandise exports to low- and middle-income economies in Europe & was 0.8% in 2023. ◆ Volatile

Latest (2023)
0.8%
Change on year
down 77.7%
World rank
106th
of 204 countries
All-time high
3.7%
in 1999
All-time low
0.0%
in 1987
Years of data
56
1960–2023

Merchandise exports to low- and middle-income economies in Europe & in Cyprus, 1960–2023

01234196019912023

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

Analysis

In 2023, merchandise exports to low- and middle-income economies in europe & in Cyprus stood at 0.8%.

The figure is down 77.7% on the previous year and down 57.4% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in europe & in Cyprus peaked at 3.7% in 1999 and was at its lowest, 0.0%, in 1987.

Cyprus ranks 106th of 204 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise exports to low- and middle-income economies in Europe & in Cyprus, year by year

Annual values for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in Cyprus, 1960 to 2023.
Year % of total merchandise exports Change
1960 0.6%
1961 0.7% +11.1%
1962 0.9% +42.2%
1963 0.7% -24.1%
1964 0.4% -47.6%
1965 0.2% -56.1%
1966 0.1% -9.5%
1967 0.1% -4.5%
1968 0.3% +79.4%
1969 0.3% +29.7%
1970 0.6% +97.0%
1971 1.0% +57.7%
1972 3.1% +203.3%
1973 0.8% -72.6%
1974 0.5% -39.4%
1975 0.5% -3.2%
1976 0.0% -90.4%
1977 0.0% -95.0%
1984 0.0% +1552.0%
1987 0.0% -99.0%
1988 0.0% +84.3%
1989 0.0% +1692.6%
1990 0.0% -79.9%
1991 0.0% +65.6%
1992 0.1% +2058.5%
1993 1.5% +1508.7%
1994 1.5% -1.7%
1995 1.7% +16.5%
1996 2.0% +17.0%
1997 2.1% +4.3%
1998 2.4% +13.8%
1999 3.7% +57.9%
2000 1.8% -51.1%
2001 2.9% +61.2%
2002 1.9% -34.9%
2003 1.8% -5.5%
2004 1.2% -33.2%
2005 0.9% -22.8%
2006 1.9% +102.6%
2007 2.6% +39.1%
2008 3.2% +20.3%
2009 2.1% -34.6%
2010 2.4% +18.3%
2011 1.8% -25.3%
2012 2.1% +14.3%
2013 1.8% -12.6%
2014 1.3% -30.8%
2015 0.9% -30.7%
2016 1.0% +19.3%
2017 1.4% +36.9%
2018 0.9% -39.8%
2019 1.9% +118.3%
2020 1.5% -21.6%
2021 1.3% -14.0%
2022 3.5% +175.9%
2023 0.8% -77.7%

Cyprus compared with similar countries

  • Cyprus's 0.8% is below the median for high income countries, which is 1.2%, 67% of the median. (74 countries reporting)
  • Cyprus's 0.8% is below the median for Europe & Central Asia, which is 6.9%, 11% of the median. (53 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies in Europe & in Cyprus 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
1992 +2058.5% 0.0% 0.1%
1989 +1692.6% 0.0% 0.0%
1984 +1552.0% 0.0% 0.0%
1993 +1508.7% 0.1% 1.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.4% 0.1% 0.9% 10
1970s 0.8% 0.0% 3.1% 8
1980s 0.0% 0.0% 0.0% 4
1990s 1.5% 0.0% 3.7% 10
2000s 2.0% 0.9% 3.2% 10
2010s 1.5% 0.9% 2.4% 10
2020s 1.7% 0.8% 3.5% 4

Countries ranked near Cyprus

  1. 103 Gabon 0.8% compare
  2. 104 Myanmar 0.8% compare
  3. 105 Central African Republic 0.8% compare
  4. 107 Mozambique 0.8% compare
  5. 108 Togo 0.8% compare
  6. 109 American Samoa 0.7% compare

See the full ranking of 251 places →

More private sector data for Cyprus

All data for Cyprus →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in europe & in Cyprus?
Merchandise exports to low- and middle-income economies in europe & in Cyprus was 0.8% in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports to low- and middle-income economies in europe & recorded in Cyprus?
The highest recorded value was 3.7% in 1999.
What is the lowest merchandise exports to low- and middle-income economies in europe & recorded in Cyprus?
The lowest recorded value was 0.0% in 1987.
How does Cyprus rank for merchandise exports to low- and middle-income economies in europe &?
Cyprus ranks 106th out of 204 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in europe & rising or falling in Cyprus?
Over the last ten years it is down 57.4%. The long-run trend across the full record is volatile.
Where does this Cyprus data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies in Europe & in Cyprus. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-europe-and-central-asia-percent/cyprus/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in Europe & Central Asia (% 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
251 places, 10,312 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are 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.