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

Georgia: Merchandise exports to low- and middle-income economies in Europe & was 62.0% in 2023. ▬ Flat

Latest (2023)
62.0%
Change on year
up 39.5%
World rank
2nd
of 204 countries
All-time high
62.0%
in 2023
All-time low
33.5%
in 2016
Years of data
31
1993–2023

Merchandise exports to low- and middle-income economies in Europe & in Georgia, 1993–2023

02040601993200820231993: 41.3 % of total merchandise exports1994: 47.5 % of total merchandise exports1995: 54.3 % of total merchandise exports1996: 49.2 % of total merchandise exports1997: 43.1 % of total merchandise exports1998: 50.7 % of total merchandise exports1999: 45.4 % of total merchandise exports2000: 41.7 % of total merchandise exports2001: 43.8 % of total merchandise exports2002: 46.4 % of total merchandise exports2003: 48.9 % of total merchandise exports2004: 53.1 % of total merchandise exports2005: 44.3 % of total merchandise exports2006: 47.4 % of total merchandise exports2007: 47.8 % of total merchandise exports2008: 51.9 % of total merchandise exports2009: 55.1 % of total merchandise exports2010: 51.3 % of total merchandise exports2011: 56.9 % of total merchandise exports2012: 56.5 % of total merchandise exports2013: 55.6 % of total merchandise exports2014: 50 % of total merchandise exports2015: 39.4 % of total merchandise exports2016: 33.5 % of total merchandise exports2017: 37 % of total merchandise exports2018: 44.2 % of total merchandise exports2019: 46.1 % of total merchandise exports2020: 37.6 % of total merchandise exports2021: 40.9 % of total merchandise exports2022: 44.5 % of total merchandise exports2023: 62 % of total merchandise exports

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

Analysis

The most recent figure for merchandise exports to low- and middle-income economies in europe & in Georgia is 62.0%, measured in 2023. That is the highest value across all 31 years on record.

The figure is up 39.5% on the previous year and up 11.6% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in europe & in Georgia peaked at 62.0% in 2023 and was at its lowest, 33.5%, in 2016.

Georgia ranks 2nd of 204 countries on this measure, in the top 10%.

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

Annual values for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in Georgia, 1993 to 2023.
Year % of total merchandise exports Change
1993 41.3%
1994 47.5% +15.0%
1995 54.3% +14.2%
1996 49.2% -9.4%
1997 43.1% -12.5%
1998 50.7% +17.8%
1999 45.4% -10.5%
2000 41.7% -8.2%
2001 43.8% +5.1%
2002 46.4% +5.8%
2003 48.9% +5.3%
2004 53.1% +8.6%
2005 44.3% -16.5%
2006 47.4% +7.0%
2007 47.8% +0.8%
2008 51.9% +8.6%
2009 55.1% +6.1%
2010 51.3% -6.9%
2011 56.9% +10.9%
2012 56.5% -0.6%
2013 55.6% -1.7%
2014 50.0% -9.9%
2015 39.4% -21.3%
2016 33.5% -14.8%
2017 37.0% +10.4%
2018 44.2% +19.5%
2019 46.1% +4.3%
2020 37.6% -18.4%
2021 40.9% +8.7%
2022 44.5% +8.7%
2023 62.0% +39.5%

Georgia compared with similar countries

  • Georgia's 62.0% is above the median for upper middle income countries, which is 0.9%, 68.2× the median. (59 countries reporting)
  • Georgia's 62.0% is above the median for Europe & Central Asia, which is 6.9%, 9.0× the median. (53 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 47.4% 41.3% 54.3% 7
2000s 48.0% 41.7% 55.1% 10
2010s 47.0% 33.5% 56.9% 10
2020s 46.2% 37.6% 62.0% 4

Countries ranked near Georgia

  1. 1 Gambia 96.9% compare
  2. 3 Montenegro 51.6% compare
  3. 4 Tajikistan 45.1% compare
  4. 5 Kosovo 42.9% compare
  5. 5 Kosovo (UNSCR 1244) 42.9% compare

See the full ranking of 251 places →

More private sector data for Georgia

All data for Georgia →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in europe & in Georgia?
Merchandise exports to low- and middle-income economies in europe & in Georgia was 62.0% 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 Georgia?
The highest recorded value was 62.0% in 2023.
What is the lowest merchandise exports to low- and middle-income economies in europe & recorded in Georgia?
The lowest recorded value was 33.5% in 2016.
How does Georgia rank for merchandise exports to low- and middle-income economies in europe &?
Georgia ranks 2nd out of 204 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in europe & rising or falling in Georgia?
Over the last ten years it is up 11.6%. The long-run trend across the full record is flat.
Where does this Georgia 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 Georgia. 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/georgia/

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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.