Merchandise exports to low- and middle-income economies within region in Cyprus

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

Latest (2023)
0.8%
Change on year
down 77.7%
World rank
192nd
of 203 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 within region 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 within region in Cyprus stood at 0.8%.

Compared with earlier readings it 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 within region in Cyprus peaked at 3.7% in 1999 and was at its lowest, 0.0%, in 1987.

That places Cyprus 192nd out of 203 countries with data for 2023, putting it in the bottom 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 within region in Cyprus, year by year

Annual values for Merchandise exports to low- and middle-income economies within region (% 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 5.7%, 14% of the median. (71 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 within region 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. 189 Sint Maarten (Dutch part) 1.1% compare
  2. 190 Sudan 1.0% compare
  3. 191 Israel 0.9% compare
  4. 193 Iraq 0.8% compare
  5. 194 Iceland 0.7% compare
  6. 195 Qatar 0.7% compare

See the full ranking of 249 places →

More private sector data for Cyprus

All data for Cyprus →

Frequently asked questions

What is merchandise exports to low- and middle-income economies within region in Cyprus?
Merchandise exports to low- and middle-income economies within region 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 within region recorded in Cyprus?
The highest recorded value was 3.7% in 1999.
What is the lowest merchandise exports to low- and middle-income economies within region 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 within region?
Cyprus ranks 192nd out of 203 countries with data for 2023.
Is merchandise exports to low- and middle-income economies within region 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 within region (% of total merchandise exports). Statizoid updates them automatically from the source API.

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Merchandise exports to low- and middle-income economies within region in Cyprus. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-within-region-percent-of-total/cyprus/

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About this data

Indicator
Merchandise exports to low- and middle-income economies within region (% 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
249 places, 12,966 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.