Heavily indebted poor countries (HIPC): High-technology exports (current US$)

Key figures

Over five years it is down 22.66% from US$631.81 million in 2018 (5.01% a year on average, compounded). Since 2014 it is down 36.31% from US$767.25 million in 2014 (4.89% a year on average, compounded).

What the numbers say

In 2023, Heavily indebted poor countries (HIPC)'s high-technology exports (current US$) rose 27.8% on 2022 (from US$382.29 million to US$488.66 million).

Across the 8 yearly changes before that (2015 to 2022), the average change was −6.9% and a typical year strayed about 16.2% from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 27.8% in 2023 and the biggest yearly fall was 39.5% 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 the straight-line trend is downward, about US$39.58 million a year. A straight line explains 69% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

See how every economy compares in the full ranking.

What this measures

High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.

Limitations: The indicator is based on data reported by countries to COMTRADE. The export values presented in the World Development Indicators represent Gross Exports less Re-Exports. The values may be impacted in cases of reporting errors or missing data, for example if countries do not report Re-Exports for one or more periods.

Regional and income-group figures are computed by the World Bank as a sum.

All 10 values

High-technology exports (current US$) in nearby economies

• Algeria — US$9.03 million (2017)
• Bahrain — US$11.52 million (2023)
• Egypt, Arab Rep. — US$887.73 million (2024)
• Iran, Islamic Rep. — US$206.22 million (2022)
• Israel — US$19.43 billion (2024)
• Jordan — US$177.69 million (2023)
• Kuwait — US$359.68 million (2024)
• Lebanon — US$60.85 million (2024)
• Malta — US$1.31 billion (2024)
• Oman — US$441.8 million (2023)
• Pakistan

More infrastructure data for Heavily indebted poor countries (HIPC)

• Fixed telephone subscriptions — 4.38 million (2022)
• Fixed telephone subscriptions (per 100 people) — 0.7 (2022)
• Mobile cellular subscriptions — 550.04 million (2022)
• Mobile cellular subscriptions (per 100 people) — 76.71 (2022)
• Air transport, registered carrier departures worldwide — 437,952 (2023)
• Air transport, passengers carried — 34.62 million (2023)
• Air transport, freight (million ton-km) — 4,252 (2023)
• Scientific and technical journal articles — 20,193 (2023)

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Questions people ask

What is Heavily indebted poor countries (HIPC)'s high-technology exports (current US$)?

US$488.66 million in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2014?

It is down 36.31% from US$767.25 million in 2014 (4.89% a year on average, compounded). The highest value was US$767.25 million in 2014 and the lowest US$326.66 million in 2020.

Is the latest change in high-technology exports (current US$) unusual for Heavily indebted poor countries (HIPC)?

In 2023, Heavily indebted poor countries (HIPC)'s high-technology exports (current US$) rose 27.8% on 2022 (from US$382.29 million to US$488.66 million). Across the 8 yearly changes before that (2015 to 2022), the average change was −6.9% and a typical year strayed about 16.2% from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator TX.VAL.TECH.CD, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), uri: comtrade.un.org, publisher: UN Statistics Division; World Integrated Trade Solution system (WITS), World Bank (WB), uri: https://wits.worldbank.org/ 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.

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