Equatorial Guinea's merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 3.43% in 2023, the latest year in the World Bank's World Development Indicators. That is down 0.03 percentage points from 3.45% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 3.43% | 2023 |
| Five years earlier | 11.51% | 2018 |
| Ten years earlier | 3.45% | 2013 |
| Highest | 20.01% | 2019 |
| Lowest | 0.0000205% | 2001 |
| Average since 2014 | 11.73% | 2014–2023 |
| First recorded | 0.03% | 1989 |
What the numbers say
In 2023, Equatorial Guinea's merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) fell 7.29 percentage points on 2022 (from 10.72% to 3.43%).
Across the 27 yearly changes before that (1996 to 2022), the average change was +0.4 percentage points and a typical year strayed about 4.19 percentage points from that (the standard deviation). This year's change was 1.8 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 13.59 percentage points in 2016 and the biggest yearly fall was 7.98 percentage points in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Equatorial Guinea had the 65th highest value of the 197 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Equatorial Guinea | 3.43% | 2023 |
| World | 3.43% | 2023 |
| Sub-Saharan Africa | 6.45% | 2023 |
| Upper middle income | 4.43% | 2023 |
Closest to Equatorial Guinea in the 2023 ranking
- Mauritius — 62nd of 197: 3.62%
- Egypt, Arab Rep. — 63rd of 197: 3.53%
- Bahrain — 64th of 197: 3.48%
- Korea, Rep. — 66th of 197: 3.29%
- Cabo Verde — 67th of 197: 3.23%
- Dominican Republic — 68th of 197: 3.12%
What this measures
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South 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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 32 values
| Year | Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) |
|---|---|
| 2023 | 3.43 |
| 2022 | 10.72 |
| 2021 | 16.83 |
| 2020 | 12.03 |
| 2019 | 20.01 |
| 2018 | 11.51 |
| 2017 | 11.76 |
| 2016 | 19.62 |
| 2015 | 6.03 |
| 2014 | 5.41 |
Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in nearby economies
- Angola — 6.34% (2023)
- Benin — 59.86% (2023)
- Botswana — 12.82% (2023)
- Burkina Faso — 1.86% (2023)
- Burundi — 4.55% (2023)
- Cabo Verde — 3.23% (2023)
- Cameroon — 16.39% (2023)
More private sector & trade data for Equatorial Guinea
- Merchandise imports (current US$) — US$1.7 billion (2025)
- Merchandise exports (current US$) — US$2.6 billion (2025)
- Merchandise trade (% of GDP) — 33.53% (2025)
- Merchandise imports from high-income economies (% of total merchandise imports) — 53.75% (2023)
- Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) — 11.36% (2023)
- Merchandise imports by the reporting economy, residual (% of total merchandise imports) — 0% (2023)
- Merchandise imports by the reporting economy (current US$) — US$1.12 billion (2023)
- Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
Reading data like this
Questions people ask
- What is Equatorial Guinea's merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
- 3.43% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1989?
- It is up 3.39 percentage points from 0.03% in 1989. The highest value was 20.01% in 2019 and the lowest 0.0000205% in 2001.
- How does Equatorial Guinea rank?
- 65th highest of 197 economies with data for 2023.
- Is the latest change in merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) unusual for Equatorial Guinea?
Source
World Bank, World Development Indicators, indicator TX.VAL.MRCH.R5.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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