Latvia: Merchandise imports from high-income economies (% of total merchandise imports)
In , Latvia's Merchandise imports from high-income economies (% of total merchandise imports) was 90.66.
That's down 0.4% from 2022, the highest value since .
The global average for this indicator in 2023 was 58.25 . Latvia ranks #10 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #6 of 53.
Source: World Bank Open Data (TM.VAL.MRCH.HI.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
- 92.01
- Trough
- 88.89
- 1-year change
- -0.4%
- 5-year change
- -0.6%
- -0.1% / yr
- 10-year change
- -0.4%
- 0.0% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from high-income economies (% of total merchandise imports) |
|---|---|
| 90.6632 | |
| 91.0066 | |
| 89.5857 | |
| 90.0846 | |
| 91.0174 | |
| 91.1926 | |
| 91.6127 | |
| 92.0052 | |
| 91.3403 | |
| 91.5934 |
About Merchandise imports from high-income economies (% of total merchandise imports)
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies 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.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Latvia's Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
- In 2023, Latvia's Merchandise imports from high-income economies (% of total merchandise imports) was 90.66, according to World Bank Open Data.
- Is Latvia's Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
- Latvia's Merchandise imports from high-income economies (% of total merchandise imports) fell 0.4% from 2022 to 2023.
- How does Latvia rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
- In 2023, Latvia ranked #10 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
- How does Latvia's Merchandise imports from high-income economies (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from high-income economies (% of total merchandise imports) in 2023 was 58.25, so Latvia is above the world average. Within Europe & Central Asia, it ranks #6 of 53.
- What is Merchandise imports from high-income economies (% of total merchandise imports) and how is it measured?
- Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies 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.HI.ZS), CC BY 4.0.