Late-demographic dividend | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
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. Development relevance: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
Late-demographic dividend
Records
63
Source
Late-demographic dividend | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
1960 5.20422147
1961 5.16452895
1962 5.19693556
1963 5.33501193
1964 5.41978326
1965 6.21778247
1966 6.54815235
1967 7.47492912
1968 7.46529241
1969 7.11437422
1970 6.34485566
1971 7.54709425
1972 7.17448236
1973 7.26497199
1974 9.66189392
1975 11.92209924
1976 10.20394783
1977 9.96949299
1978 9.69616988
1979 10.16017374
1980 11.73054724
1981 13.76234945
1982 13.73491417
1983 13.15683036
1984 12.85806852
1985 12.30021709
1986 11.42962328
1987 11.11500072
1988 10.74432139
1989 9.57975632
1990 8.94281137
1991 7.87799237
1992 10.43036537
1993 10.81788087
1994 9.48245323
1995 9.51956528
1996 10.2383971
1997 10.38952617
1998 9.94619607
1999 9.81086204
2000 9.46974558
2001 9.92154083
2002 10.26315961
2003 11.09282344
2004 11.9001763
2005 12.56101281
2006 13.69999527
2007 15.2360485
2008 16.53356229
2009 16.9970573
2010 18.43912979
2011 18.81190768
2012 19.1920438
2013 19.40891502
2014 19.71976731
2015 18.91110654
2016 19.13608181
2017 20.00864968
2018 20.05486106
2019 20.10967448
2020 19.50173205
2021
2022
Late-demographic dividend | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
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. Development relevance: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
Late-demographic dividend
Records
63
Source