Fuel exports in Upper middle income
Upper middle income: Fuel exports was 6.0% in 2024. ▼ Falling
Fuel exports in Upper middle income, 1984–2024
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
The most recent figure for fuel exports in Upper middle income is 6.0%, measured in 2024.
The figure is down 7.5% on the previous year and down 43.5% over ten years.
Over the whole period, fuel exports in Upper middle income peaked at 28.0% in 1985 and was at its lowest, 5.3%, in 2020.
That places Upper middle income 39th out of 46 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 37 years of available data.
Fuel exports in Upper middle income, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1984 | 26.2% | — |
| 1985 | 28.0% | +6.6% |
| 1986 | 15.4% | -45.1% |
| 1987 | 15.9% | +3.6% |
| 1992 | 8.7% | -45.2% |
| 1993 | 7.5% | -14.1% |
| 1994 | 6.3% | -16.1% |
| 1995 | 6.4% | +1.8% |
| 1996 | 7.4% | +16.0% |
| 1997 | 8.9% | +19.2% |
| 1998 | 7.4% | -16.2% |
| 1999 | 8.1% | +9.3% |
| 2000 | 10.9% | +34.9% |
| 2001 | 10.5% | -3.9% |
| 2002 | 10.0% | -4.9% |
| 2003 | 9.4% | -6.2% |
| 2004 | 10.8% | +14.7% |
| 2005 | 11.6% | +7.4% |
| 2006 | 11.5% | -0.9% |
| 2007 | 10.2% | -10.8% |
| 2008 | 11.3% | +10.5% |
| 2009 | 10.1% | -10.7% |
| 2010 | 11.1% | +10.5% |
| 2011 | 11.6% | +3.8% |
| 2012 | 10.4% | -9.8% |
| 2013 | 11.2% | +7.0% |
| 2014 | 10.6% | -5.1% |
| 2015 | 8.7% | -18.0% |
| 2016 | 8.4% | -3.5% |
| 2017 | 8.0% | -4.8% |
| 2018 | 7.9% | -0.7% |
| 2019 | 7.0% | -11.1% |
| 2020 | 5.3% | -24.6% |
| 2021 | 6.2% | +17.1% |
| 2022 | 7.8% | +24.5% |
| 2023 | 6.5% | -16.5% |
| 2024 | 6.0% | -7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 21.4% | 15.4% | 28.0% | 4 |
| 1990s | 7.6% | 6.3% | 8.9% | 8 |
| 2000s | 10.6% | 9.4% | 11.6% | 10 |
| 2010s | 9.5% | 7.0% | 11.6% | 10 |
| 2020s | 6.3% | 5.3% | 7.8% | 5 |
Countries ranked near Upper middle income
More energy & mining data for Upper middle income
- Fuel imports 16.2% (2024)
- Ores and metals imports 9.0% (2024)
- Ores and metals exports 4.0% (2024)
- Electric power transmission and distribution losses 13.0% (2024)
- Mineral rents 1.1% (2021)
- Natural gas rents 0.5% (2021)
- Total natural resources rents 3.8% (2021)
- Alternative and nuclear energy 13.2% (2024)
- Electric power consumption 4,307 kWh per capita (2023)
- Combustible renewables and waste 28.3% (2024)
Frequently asked questions
- What is fuel exports in Upper middle income?
- Fuel exports in Upper middle income was 6.0% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in Upper middle income?
- The highest recorded value was 28.0% in 1985.
- What is the lowest fuel exports recorded in Upper middle income?
- The lowest recorded value was 5.3% in 2020.
- How does Upper middle income rank for fuel exports?
- Upper middle income ranks 39th out of 46 groups with data for 2024.
- Is fuel exports rising or falling in Upper middle income?
- Over the last ten years it is down 43.5%. The long-run trend across the full record is falling.
- Where does this Upper 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.
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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.