Latvia: Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
In , Latvia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 1.34.
That's down 1.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 14.77 . Latvia ranks #160 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #42 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.R1.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
- 2004 · EU enlargement (10 new members)
Highlights
- Peak
- 1.64
- Trough
- 0.29
- 1-year change
- -1.8%
- 5-year change
- -17.5%
- -3.8% / yr
- 10-year change
- +29.2%
- +2.6% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) |
|---|---|
| 1.3436 | |
| 1.3683 | |
| 1.3351 | |
| 1.5472 | |
| 1.6437 | |
| 1.6279 | |
| 1.4861 | |
| 1.3775 | |
| 1.3870 | |
| 1.1805 |
About Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are 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.R1.ZS • Category: Trade & Finance
Frequently asked questions
- What was Latvia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023?
- In 2023, Latvia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) was 1.34, according to World Bank Open Data.
- Is Latvia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) rising or falling?
- Latvia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) fell 1.8% from 2022 to 2023.
- How does Latvia rank globally on Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)?
- In 2023, Latvia ranked #160 out of 204 countries reporting Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports).
- How does Latvia's Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in 2023 was 14.77, so Latvia is below the world average. Within Europe & Central Asia, it ranks #42 of 53.
- What is Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are 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.
Source: World Bank Open Data (TX.VAL.MRCH.R1.ZS), CC BY 4.0.