Merchandise exports to low- and middle-income economies in Europe & in Greece
Greece: Merchandise exports to low- and middle-income economies in Europe & was 11.6% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Europe & in Greece, 1960–2023
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 Greece is 11.6%, measured in 2023.
The figure is down 4.4% on the previous year and down 42.9% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in europe & in Greece peaked at 20.8% in 2014 and was at its lowest, 0.0%, in 1967.
That places Greece 25th out of 204 countries with data for 2023, putting it in the top quarter.
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 Greece, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.2% | — |
| 1961 | 0.5% | +112.2% |
| 1962 | 0.8% | +58.1% |
| 1963 | 0.6% | -23.3% |
| 1964 | 0.2% | -68.9% |
| 1965 | 0.1% | -61.4% |
| 1966 | 0.1% | -19.2% |
| 1967 | 0.0% | -17.8% |
| 1968 | 0.1% | +106.2% |
| 1969 | 0.3% | +161.4% |
| 1970 | 0.1% | -53.1% |
| 1971 | 0.2% | +36.3% |
| 1972 | 0.7% | +305.8% |
| 1973 | 1.5% | +121.5% |
| 1974 | 1.1% | -29.8% |
| 1975 | 0.4% | -67.0% |
| 1976 | 0.6% | +57.2% |
| 1977 | 0.9% | +62.0% |
| 1978 | 0.6% | -31.0% |
| 1979 | 1.3% | +98.8% |
| 1980 | 1.1% | -15.3% |
| 1981 | 0.6% | -39.9% |
| 1982 | 0.6% | -11.8% |
| 1983 | 0.6% | -0.0% |
| 1984 | 1.4% | +144.5% |
| 1985 | 1.5% | +10.2% |
| 1986 | 1.0% | -35.2% |
| 1987 | 1.8% | +80.3% |
| 1988 | 1.2% | -30.6% |
| 1989 | 1.4% | +16.0% |
| 1990 | 1.8% | +25.8% |
| 1991 | 1.4% | -19.5% |
| 1992 | 1.9% | +34.6% |
| 1993 | 5.3% | +173.7% |
| 1994 | 5.5% | +3.3% |
| 1995 | 6.0% | +9.3% |
| 1996 | 9.8% | +63.9% |
| 1997 | 11.0% | +12.6% |
| 1998 | 9.1% | -17.4% |
| 1999 | 10.5% | +14.9% |
| 2000 | 12.4% | +18.6% |
| 2001 | 11.1% | -10.4% |
| 2002 | 9.8% | -11.7% |
| 2003 | 10.0% | +1.9% |
| 2004 | 10.2% | +1.9% |
| 2005 | 10.8% | +5.6% |
| 2006 | 11.4% | +6.0% |
| 2007 | 12.0% | +4.6% |
| 2008 | 12.8% | +6.9% |
| 2009 | 13.7% | +7.0% |
| 2010 | 13.3% | -2.9% |
| 2011 | 16.0% | +20.3% |
| 2012 | 19.8% | +23.7% |
| 2013 | 20.3% | +2.6% |
| 2014 | 20.8% | +2.5% |
| 2015 | 13.5% | -35.0% |
| 2016 | 12.4% | -8.1% |
| 2017 | 13.5% | +8.8% |
| 2018 | 12.9% | -4.4% |
| 2019 | 12.5% | -2.9% |
| 2020 | 10.2% | -18.8% |
| 2021 | 11.7% | +15.2% |
| 2022 | 12.1% | +3.0% |
| 2023 | 11.6% | -4.4% |
Greece compared with similar countries
- Greece's 11.6% is above the median for high income countries, which is 1.2%, 10.0× the median. (74 countries reporting)
- Greece's 11.6% is above the median for Europe & Central Asia, which is 6.9%, 1.7× the median. (53 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Europe & in Greece 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.
| Year | Change | From | To |
|---|---|---|---|
| 1972 | +305.8% | 0.2% | 0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3% | 0.0% | 0.8% | 10 |
| 1970s | 0.7% | 0.1% | 1.5% | 10 |
| 1980s | 1.1% | 0.6% | 1.8% | 10 |
| 1990s | 6.2% | 1.4% | 11.0% | 10 |
| 2000s | 11.4% | 9.8% | 13.7% | 10 |
| 2010s | 15.5% | 12.4% | 20.8% | 10 |
| 2020s | 11.4% | 10.2% | 12.1% | 4 |
Countries ranked near Greece
More private sector data for Greece
- Merchandise trade 52.5% (2025)
- Food imports 13.1% (2024)
- Manufactures imports 54.6% (2024)
- Merchandise imports 92.56 billion current US$ (2025)
- Food exports 21.7% (2024)
- Manufactures exports 37.1% (2024)
- Merchandise exports 54.77 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,259 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1952 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.24 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in europe & in Greece?
- Merchandise exports to low- and middle-income economies in europe & in Greece was 11.6% 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 Greece?
- The highest recorded value was 20.8% in 2014.
- What is the lowest merchandise exports to low- and middle-income economies in europe & recorded in Greece?
- The lowest recorded value was 0.0% in 1967.
- How does Greece rank for merchandise exports to low- and middle-income economies in europe &?
- Greece ranks 25th out of 204 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in europe & rising or falling in Greece?
- Over the last ten years it is down 42.9%. The long-run trend across the full record is volatile.
- Where does this Greece 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.
Download this data
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About this data
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.