Merchandise exports to low- and middle-income economies in in Late-demographic dividend
Late-demographic dividend: Merchandise exports to low- and middle-income economies in was 2.9% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in in Late-demographic dividend, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Late-demographic dividend recorded 2.9% for merchandise exports to low- and middle-income economies in in 2023. That is the highest value across all 64 years on record.
The figure is up 10.6% on the previous year and up 22.0% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in in Late-demographic dividend peaked at 2.9% in 2023 and was at its lowest, 0.7%, in 1970.
That places Late-demographic dividend 31st out of 47 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise exports to low- and middle-income economies in in Late-demographic dividend, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 1.1% | — |
| 1961 | 1.3% | +12.7% |
| 1962 | 1.1% | -11.9% |
| 1963 | 1.0% | -8.0% |
| 1964 | 1.2% | +12.6% |
| 1965 | 1.3% | +9.7% |
| 1966 | 1.0% | -23.7% |
| 1967 | 0.8% | -16.0% |
| 1968 | 0.9% | +6.3% |
| 1969 | 0.9% | -0.6% |
| 1970 | 0.7% | -16.6% |
| 1971 | 0.9% | +28.7% |
| 1972 | 0.9% | +0.2% |
| 1973 | 0.8% | -11.6% |
| 1974 | 1.1% | +30.9% |
| 1975 | 1.4% | +32.8% |
| 1976 | 1.3% | -9.2% |
| 1977 | 1.4% | +6.2% |
| 1978 | 1.6% | +14.8% |
| 1979 | 1.3% | -18.9% |
| 1980 | 1.6% | +22.2% |
| 1981 | 2.4% | +48.8% |
| 1982 | 2.2% | -7.1% |
| 1983 | 1.9% | -15.1% |
| 1984 | 2.0% | +7.6% |
| 1985 | 2.1% | +3.9% |
| 1986 | 1.5% | -27.2% |
| 1987 | 1.8% | +16.5% |
| 1988 | 1.8% | +1.8% |
| 1989 | 1.1% | -36.7% |
| 1990 | 1.3% | +14.0% |
| 1991 | 1.2% | -10.2% |
| 1992 | 1.1% | -8.7% |
| 1993 | 1.1% | -1.1% |
| 1994 | 0.9% | -11.8% |
| 1995 | 1.0% | +3.7% |
| 1996 | 1.1% | +9.6% |
| 1997 | 1.1% | +1.4% |
| 1998 | 1.2% | +10.8% |
| 1999 | 1.1% | -8.4% |
| 2000 | 1.1% | +4.3% |
| 2001 | 1.3% | +12.1% |
| 2002 | 1.2% | -4.1% |
| 2003 | 1.4% | +10.9% |
| 2004 | 1.4% | +3.2% |
| 2005 | 1.5% | +9.5% |
| 2006 | 1.6% | +5.7% |
| 2007 | 1.8% | +11.0% |
| 2008 | 1.9% | +7.4% |
| 2009 | 2.3% | +17.0% |
| 2010 | 2.1% | -5.4% |
| 2011 | 2.3% | +9.0% |
| 2012 | 2.3% | -1.4% |
| 2013 | 2.4% | +3.9% |
| 2014 | 2.6% | +8.4% |
| 2015 | 2.7% | +4.8% |
| 2016 | 2.5% | -7.5% |
| 2017 | 2.4% | -4.0% |
| 2018 | 2.3% | -4.0% |
| 2019 | 2.5% | +7.0% |
| 2020 | 2.4% | -1.5% |
| 2021 | 2.5% | +1.0% |
| 2022 | 2.6% | +7.1% |
| 2023 | 2.9% | +10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.1% | 0.8% | 1.3% | 10 |
| 1970s | 1.2% | 0.7% | 1.6% | 10 |
| 1980s | 1.8% | 1.1% | 2.4% | 10 |
| 1990s | 1.1% | 0.9% | 1.3% | 10 |
| 2000s | 1.5% | 1.1% | 2.3% | 10 |
| 2010s | 2.4% | 2.1% | 2.7% | 10 |
| 2020s | 2.6% | 2.4% | 2.9% | 4 |
Countries ranked near Late-demographic dividend
- 28 Democratic Republic of Congo 20.6% compare
- 29 American Samoa 19.7% compare
- 30 Mozambique 19.7% compare
- 31 North Korea 17.6% compare
- 32 Marshall Islands 17.3% compare
- 33 Liberia 16.5% compare
- 34 Benin 16.4% compare
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 low- and middle-income economies in in Late-demographic dividend?
- Merchandise exports to low- and middle-income economies in in Late-demographic dividend was 2.9% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in recorded in Late-demographic dividend?
- The highest recorded value was 2.9% in 2023.
- What is the lowest merchandise exports to low- and middle-income economies in recorded in Late-demographic dividend?
- The lowest recorded value was 0.7% in 1970.
- How does Late-demographic dividend rank for merchandise exports to low- and middle-income economies in?
- Late-demographic dividend ranks 31st out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in rising or falling in Late-demographic dividend?
- Over the last ten years it is up 22.0%. The long-run trend across the full record is rising.
- 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 low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa 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.