Fuel exports in Low & middle income
Low & middle income: Fuel exports was 8.3% in 2024. ▼ Falling
Fuel exports in Low & middle income, 1984–2024
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
Low & middle income recorded 8.3% for fuel exports in 2024.
That represents a change of down 9.1% on the previous year and down 34.9% over ten years.
Over the whole period, fuel exports in Low & middle income peaked at 27.6% in 1985 and was at its lowest, 6.9%, in 1994.
That places Low & middle income 32nd out of 46 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 37 years of available data.
Fuel exports in Low & middle income, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1984 | 26.7% | — |
| 1985 | 27.6% | +3.4% |
| 1986 | 16.2% | -41.3% |
| 1987 | 16.6% | +2.5% |
| 1992 | 8.9% | -46.5% |
| 1993 | 7.8% | -11.8% |
| 1994 | 6.9% | -12.5% |
| 1995 | 6.9% | +0.9% |
| 1996 | 8.7% | +26.2% |
| 1997 | 9.8% | +12.8% |
| 1998 | 8.4% | -14.7% |
| 1999 | 9.2% | +9.4% |
| 2000 | 12.0% | +30.7% |
| 2001 | 11.7% | -2.5% |
| 2002 | 11.1% | -4.9% |
| 2003 | 10.8% | -3.3% |
| 2004 | 11.2% | +4.2% |
| 2005 | 12.2% | +8.8% |
| 2006 | 13.3% | +9.2% |
| 2007 | 12.3% | -7.3% |
| 2008 | 13.9% | +12.8% |
| 2009 | 12.5% | -10.3% |
| 2010 | 13.6% | +8.6% |
| 2011 | 13.9% | +2.5% |
| 2012 | 13.1% | -5.7% |
| 2013 | 13.8% | +5.6% |
| 2014 | 12.7% | -8.2% |
| 2015 | 10.3% | -18.9% |
| 2016 | 9.9% | -4.4% |
| 2017 | 9.8% | -0.7% |
| 2018 | 10.0% | +2.4% |
| 2019 | 9.2% | -7.9% |
| 2020 | 7.3% | -20.5% |
| 2021 | 8.5% | +15.3% |
| 2022 | 10.4% | +22.8% |
| 2023 | 9.1% | -12.4% |
| 2024 | 8.3% | -9.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 21.8% | 16.2% | 27.6% | 4 |
| 1990s | 8.3% | 6.9% | 9.8% | 8 |
| 2000s | 12.1% | 10.8% | 13.9% | 10 |
| 2010s | 11.6% | 9.2% | 13.9% | 10 |
| 2020s | 8.7% | 7.3% | 10.4% | 5 |
Countries ranked near Low & middle income
- 29 Colombia 45.3% compare
- 30 Russian Federation 43.1% compare
- 31 Papua New Guinea 42.6% compare
- 32 Samoa 33.3% compare
- 33 Senegal 32.7% compare
- 34 Trinidad and Tobago 31.3% compare
- 35 Greece 30.2% compare
More energy & mining data for Low & middle income
- Fuel imports 18.2% (2024)
- Ores and metals imports 8.2% (2024)
- Ores and metals exports 4.2% (2024)
- Electric power transmission and distribution losses 13.1% (2024)
- Mineral rents 1.2% (2021)
- Natural gas rents 0.5% (2021)
- Total natural resources rents 4.1% (2021)
- Alternative and nuclear energy 13.4% (2024)
- Electric power consumption 2,450 kWh per capita (2023)
- Combustible renewables and waste 30.1% (2024)
Frequently asked questions
- What is fuel exports in Low & middle income?
- Fuel exports in Low & middle income was 8.3% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in Low & middle income?
- The highest recorded value was 27.6% in 1985.
- What is the lowest fuel exports recorded in Low & middle income?
- The lowest recorded value was 6.9% in 1994.
- How does Low & middle income rank for fuel exports?
- Low & middle income ranks 32nd out of 46 groups with data for 2024.
- Is fuel exports rising or falling in Low & middle income?
- Over the last ten years it is down 34.9%. The long-run trend across the full record is falling.
- Where does this Low & middle income data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Fuel exports (% of merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Fuels comprise the commodities in SITC (Rev. 3) section 3 (mineral fuels, lubricants and related materials). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.