Lao PDR: Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
In , Lao PDR's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 83.98.
That's up 0.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 21.22 . Lao PDR ranks #5 globally out of 202 reporting countries. Within East Asia & Pacific, it ranks #3 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.WR.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 90.39
- Trough
- 83.98
- 1-year change
- +0.0%
- 5-year change
- -7.1%
- -1.5% / yr
- 10-year change
- -3.8%
- -0.4% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) |
|---|---|
| 83.9776 | |
| 83.9776 | |
| 83.9777 | |
| 85.5883 | |
| 89.0066 | |
| 90.3855 | |
| 88.6073 | |
| 86.4827 | |
| 87.2861 | |
| 87.2861 |
About Merchandise exports to low- and middle-income economies within region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Indicator code: TX.VAL.MRCH.WR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Lao PDR's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023?
- In 2023, Lao PDR's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) was 83.98, according to World Bank Open Data.
- Is Lao PDR's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) rising or falling?
- Lao PDR's Merchandise exports to low- and middle-income economies within 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 within region (% of total merchandise exports)?
- In 2023, Lao PDR ranked #5 out of 202 countries reporting Merchandise exports to low- and middle-income economies within region (% of total merchandise exports).
- How does Lao PDR's Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) in 2023 was 21.22, so Lao PDR is above the world average. Within East Asia & Pacific, it ranks #3 of 36.
- What is Merchandise exports to low- and middle-income economies within region (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Source: World Bank Open Data (TX.VAL.MRCH.WR.ZS), CC BY 4.0.