Merchandise exports to low- and middle-income economies outside region in Finland
Finland: Merchandise exports to low- and middle-income economies outside region was 12.4% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies outside region in Finland, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies outside region in Finland stood at 12.4%.
Compared with earlier readings it is down 3.0% on the previous year and down 1.7% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies outside region in Finland peaked at 13.5% in 2018 and was at its lowest, 5.2%, in 1988.
That places Finland 98th out of 206 countries 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 outside region in Finland, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 11.0% | — |
| 1961 | 9.8% | -10.8% |
| 1962 | 8.3% | -15.0% |
| 1963 | 8.5% | +1.8% |
| 1964 | 7.5% | -11.6% |
| 1965 | 7.8% | +4.0% |
| 1966 | 8.2% | +4.8% |
| 1967 | 8.2% | +1.1% |
| 1968 | 7.3% | -11.3% |
| 1969 | 7.1% | -2.3% |
| 1970 | 7.4% | +3.6% |
| 1971 | 7.1% | -3.8% |
| 1972 | 6.0% | -15.5% |
| 1973 | 6.7% | +11.0% |
| 1974 | 9.4% | +41.0% |
| 1975 | 9.1% | -3.1% |
| 1976 | 8.2% | -10.4% |
| 1977 | 8.1% | -1.4% |
| 1978 | 9.5% | +17.9% |
| 1979 | 8.4% | -12.0% |
| 1980 | 10.9% | +29.9% |
| 1981 | 11.0% | +1.7% |
| 1982 | 10.6% | -4.2% |
| 1983 | 9.4% | -11.6% |
| 1984 | 8.9% | -4.6% |
| 1985 | 8.0% | -10.5% |
| 1986 | 6.0% | -25.2% |
| 1987 | 6.1% | +2.3% |
| 1988 | 5.2% | -14.9% |
| 1989 | 5.8% | +11.1% |
| 1990 | 6.6% | +14.4% |
| 1991 | 7.5% | +13.1% |
| 1992 | 7.0% | -7.0% |
| 1993 | 8.5% | +22.8% |
| 1994 | 7.7% | -10.3% |
| 1995 | 8.5% | +11.1% |
| 1996 | 8.3% | -2.6% |
| 1997 | 9.1% | +9.8% |
| 1998 | 9.0% | -1.5% |
| 1999 | 7.9% | -12.3% |
| 2000 | 9.8% | +25.1% |
| 2001 | 9.5% | -3.9% |
| 2002 | 8.1% | -13.9% |
| 2003 | 8.0% | -1.8% |
| 2004 | 10.5% | +31.4% |
| 2005 | 9.6% | -9.0% |
| 2006 | 10.0% | +4.2% |
| 2007 | 10.1% | +1.4% |
| 2008 | 10.3% | +2.0% |
| 2009 | 11.7% | +13.5% |
| 2010 | 13.0% | +11.5% |
| 2011 | 12.1% | -6.8% |
| 2012 | 13.1% | +7.6% |
| 2013 | 12.6% | -3.7% |
| 2014 | 12.0% | -4.8% |
| 2015 | 12.4% | +3.5% |
| 2016 | 12.6% | +1.8% |
| 2017 | 13.0% | +3.2% |
| 2018 | 13.5% | +3.3% |
| 2019 | 12.3% | -9.0% |
| 2020 | 12.2% | -0.9% |
| 2021 | 12.0% | -1.5% |
| 2022 | 12.8% | +6.7% |
| 2023 | 12.4% | -3.0% |
Finland compared with similar countries
- Finland's 12.4% is above the median for high income countries, which is 9.2%, 1.3× the median. (74 countries reporting)
- Finland's 12.4% is above the median for Europe & Central Asia, which is 9.2%, 1.4× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.4% | 7.1% | 11.0% | 10 |
| 1970s | 8.0% | 6.0% | 9.5% | 10 |
| 1980s | 8.2% | 5.2% | 11.0% | 10 |
| 1990s | 8.0% | 6.6% | 9.1% | 10 |
| 2000s | 9.8% | 8.0% | 11.7% | 10 |
| 2010s | 12.7% | 12.0% | 13.5% | 10 |
| 2020s | 12.3% | 12.0% | 12.8% | 4 |
Countries ranked near Finland
- 95 Trinidad and Tobago 12.9% compare
- 96 Venezuela 12.8% compare
- 97 Rwanda 12.7% compare
- 99 Italy 11.9% compare
- 100 Faroe Islands 11.6% compare
- 101 South Korea 11.4% compare
More private sector data for Finland
- Merchandise trade 53.3% (2025)
- Food imports 8.8% (2024)
- Manufactures imports 63.5% (2024)
- Merchandise imports 84.86 billion current US$ (2025)
- Food exports 3.1% (2024)
- Manufactures exports 66.7% (2024)
- Merchandise exports 84.05 billion current US$ (2025)
- Merchandise exports (current US$), per capita 14,885 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2651 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.7 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies outside region in Finland?
- Merchandise exports to low- and middle-income economies outside region in Finland was 12.4% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies outside region recorded in Finland?
- The highest recorded value was 13.5% in 2018.
- What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Finland?
- The lowest recorded value was 5.2% in 1988.
- How does Finland rank for merchandise exports to low- and middle-income economies outside region?
- Finland ranks 98th out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies outside region rising or falling in Finland?
- Over the last ten years it is down 1.7%. The long-run trend across the full record is rising.
- Where does this Finland data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.