Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) for Faroe Islands

Indicator Definition:
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific 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.

The indicator "Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)" stands at 5.61 as of 12/31/2023, the lowest value since 12/31/2010.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -21.02 percent compared to the value the year prior.
The 1 year change in percent is -21.02.
The 3 year change in percent is -23.25.
The 5 year change in percent is -48.19.
The 10 year change in percent is -42.08.

The Serie's long term average value is 4.11. It's latest available value, on 12/31/2023, is 36.66 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/1990, to it's latest available value, on 12/31/2023, is +1,551,165.45%.
The Serie's change in percent from it's maximum value, on 12/31/2015, to it's latest available value, on 12/31/2023, is -56.85%.