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Lao PDR: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

In , Lao PDR's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 2.71.

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

The global average for this indicator in 2023 was 18.45 . Lao PDR ranks #166 globally out of 201 reporting countries. Within East Asia & Pacific, it ranks #21 of 32.

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

Trend (2004–2023)

Lao PDR Merchandise exports to low- and middle-income economies outside region (% 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
3.83
Trough
1.86
1-year change
+0.0%
5-year change
+14.5%
+2.7% / yr
10-year change
-18.2%
-2.0% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
2.7131
2.7131
2.7130
2.2545
1.8619
2.3696
3.4090
3.8259
3.3537
3.3537

About Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed 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.OR.ZSCategory: Trade & Finance

Frequently asked questions

What was Lao PDR's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
In 2023, Lao PDR's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 2.71, according to World Bank Open Data.
Is Lao PDR's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
Lao PDR's Merchandise exports to low- and middle-income economies outside region (% 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 outside region (% of total merchandise exports)?
In 2023, Lao PDR ranked #166 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
How does Lao PDR's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023 was 18.45, so Lao PDR is below the world average. Within East Asia & Pacific, it ranks #21 of 32.
What is Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed 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.OR.ZS), CC BY 4.0.