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Lao PDR: Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)

In , Lao PDR's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 2.64.

That's up 0.0% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.93 . Lao PDR ranks #73 globally out of 199 reporting countries. Within East Asia & Pacific, it ranks #11 of 31.

Source: World Bank Open Data (TX.VAL.MRCH.R5.ZS) • Data as of 2023

Trend (2004–2023)

Lao PDR Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
3.30
Trough
1.57
1-year change
+0.0%
5-year change
+18.7%
+3.5% / yr
10-year change
-19.0%
-2.1% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)
2.6448
2.6448
2.6448
2.1503
1.5675
2.2274
3.2973
2.9132
3.2569
3.2569

About Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.

Indicator code: TX.VAL.MRCH.R5.ZSCategory: Trade & Finance

Frequently asked questions

What was Lao PDR's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023?
In 2023, Lao PDR's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 2.64, according to World Bank Open Data.
Is Lao PDR's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rising or falling?
Lao PDR's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) rose 0.0% from 2022 to 2023.
How does Lao PDR rank globally on Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
In 2023, Lao PDR ranked #73 out of 199 countries reporting Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports).
How does Lao PDR's Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in 2023 was 4.93, so Lao PDR is below the world average. Within East Asia & Pacific, it ranks #11 of 31.
What is Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia 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.
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Source: World Bank Open Data (TX.VAL.MRCH.R5.ZS), CC BY 4.0.