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Lao PDR: Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

In , Lao PDR's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 0.05.

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

The global average for this indicator in 2023 was 5.08 . Lao PDR ranks #191 globally out of 199 reporting countries. Within East Asia & Pacific, it ranks #27 of 31.

Source: World Bank Open Data (TM.VAL.MRCH.R3.ZS) • Data as of 2023

Trend (2004–2023)

Lao PDR Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) 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
0.20
Trough
0.01
1-year change
+0.0%
5-year change
-73.2%
-23.2% / yr
10-year change
+514.9%
+19.9% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
0.0527
0.0527
0.0527
0.0677
0.1712
0.1971
0.0595
0.0089
0.0086
0.0086

About Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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: TM.VAL.MRCH.R3.ZSCategory: Trade & Finance

Frequently asked questions

What was Lao PDR's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023?
In 2023, Lao PDR's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 0.05, according to World Bank Open Data.
Is Lao PDR's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rising or falling?
Lao PDR's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rose 0.0% from 2022 to 2023.
How does Lao PDR rank globally on Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)?
In 2023, Lao PDR ranked #191 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports).
How does Lao PDR's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023 was 5.08, so Lao PDR is below the world average. Within East Asia & Pacific, it ranks #27 of 31.
What is Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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 (TM.VAL.MRCH.R3.ZS), CC BY 4.0.