Lao PDR: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Lao PDR's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 0.69.
That's up 0.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . Lao PDR ranks #202 globally out of 204 reporting countries. Within East Asia & Pacific, it ranks #33 of 35.
Source: World Bank Open Data (TM.VAL.MRCH.OR.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
- 1.06
- Trough
- 0.34
- 1-year change
- +0.0%
- 5-year change
- -18.6%
- -4.0% / yr
- 10-year change
- +99.2%
- +7.1% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 0.6891 | |
| 0.6891 | |
| 0.6890 | |
| 1.0138 | |
| 1.0637 | |
| 0.8463 | |
| 0.9435 | |
| 0.4930 | |
| 0.3459 | |
| 0.3466 |
About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from 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 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Lao PDR's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Lao PDR's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 0.69, according to World Bank Open Data.
- Is Lao PDR's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Lao PDR's Merchandise imports from low- and middle-income economies outside region (% 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 outside region (% of total merchandise imports)?
- In 2023, Lao PDR ranked #202 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Lao PDR's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Lao PDR is below the world average. Within East Asia & Pacific, it ranks #33 of 35.
- What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from 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 imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TM.VAL.MRCH.OR.ZS), CC BY 4.0.