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

In , Lao PDR's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 0.54.

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

The global average for this indicator in 2023 was 4.41 . Lao PDR ranks #180 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #24 of 35.

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

Trend (2004–2023)

Lao PDR Merchandise imports from low- and middle-income economies in South Asia (% 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
0.81
Trough
0.32
1-year change
+0.0%
5-year change
-3.0%
-0.6% / yr
10-year change
+66.4%
+5.2% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
0.5371
0.5371
0.5371
0.8087
0.6875
0.5536
0.7814
0.4507
0.3228
0.3235

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

Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia 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.R5.ZSCategory: Trade & Finance

Frequently asked questions

What was Lao PDR's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023?
In 2023, Lao PDR's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 0.54, according to World Bank Open Data.
Is Lao PDR's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rising or falling?
Lao PDR's Merchandise imports from low- and middle-income economies in South Asia (% 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 South Asia (% of total merchandise imports)?
In 2023, Lao PDR ranked #180 out of 204 countries reporting Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports).
How does Lao PDR's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023 was 4.41, so Lao PDR is below the world average. Within East Asia & Pacific, it ranks #24 of 35.
What is Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia 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.R5.ZS), CC BY 4.0.