Merchandise exports by the reporting economy, residual (% of total merchandise exports) for Portugal

Indicator Definition:
Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.

The indicator "Merchandise exports by the reporting economy, residual (% of total merchandise exports)" stands at 0.0394 as of 12/31/2023, the highest value since 12/31/2017.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 202.02 percent compared to the value the year prior.
The 1 year change in percent is 202.02.
The 3 year change in percent is 221.16.
The 5 year change in percent is 434.05.
The 10 year change in percent is -90.48.

The Serie's long term average value is 0.237. It's latest available value, on 12/31/2023, is 83.37 percent lower, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2018, to it's latest available value, on 12/31/2023, is +434.05%.
The Serie's change in percent from it's maximum value, on 12/31/2012, to it's latest available value, on 12/31/2023, is -94.47%.