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Latvia: Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)

In , Latvia's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 0.51.

That's up 9.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 2.46 . Latvia ranks #97 globally out of 186 reporting countries. Within Europe & Central Asia, it ranks #39 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.R4.ZS) • Data as of 2023

Trend (2004–2023)

Latvia Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins 2004: EU enlargement (10 new members)
  • 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
4.19
Trough
0.44
1-year change
+9.3%
5-year change
-38.6%
-9.3% / yr
10-year change
-77.1%
-13.7% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)
0.5087
0.4654
0.6420
1.5234
0.5558
0.8289
0.9170
1.5486
2.1976
1.7930

About Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.R4.ZSCategory: Trade & Finance

Frequently asked questions

What was Latvia's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023?
In 2023, Latvia's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) was 0.51, according to World Bank Open Data.
Is Latvia's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rising or falling?
Latvia's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) rose 9.3% from 2022 to 2023.
How does Latvia rank globally on Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)?
In 2023, Latvia ranked #97 out of 186 countries reporting Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports).
How does Latvia's Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in 2023 was 2.46, so Latvia is below the world average. Within Europe & Central Asia, it ranks #39 of 53.
What is Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.
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Source: World Bank Open Data (TX.VAL.MRCH.R4.ZS), CC BY 4.0.