Latvia: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
In , Latvia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 9.01.
That's up 37.4% from 2022, the highest value on record.
The global average for this indicator in 2023 was 5.10 . Latvia ranks #30 globally out of 192 reporting countries. Within Europe & Central Asia, it ranks #23 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.R2.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
- 9.01
- Trough
- 4.43
- 1-year change
- +37.4%
- 5-year change
- +59.1%
- +9.7% / yr
- 10-year change
- +34.5%
- +3.0% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) |
|---|---|
| 9.0150 | |
| 6.5596 | |
| 5.4491 | |
| 5.9606 | |
| 6.1599 | |
| 5.6662 | |
| 6.3356 | |
| 6.0179 | |
| 6.3229 | |
| 6.3497 |
About Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZS • Category: Trade & Finance
Frequently asked questions
- What was Latvia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
- In 2023, Latvia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 9.01, according to World Bank Open Data.
- Is Latvia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
- Latvia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rose 37.4% from 2022 to 2023.
- How does Latvia rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
- In 2023, Latvia ranked #30 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
- How does Latvia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023 was 5.10, so Latvia is above the world average. Within Europe & Central Asia, it ranks #23 of 53.
- What is Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia 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.R2.ZS), CC BY 4.0.