Latvia: Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
In , Latvia's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 3.75.
That's up 5.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 4.32 . Latvia ranks #55 globally out of 199 reporting countries. Within Europe & Central Asia, it ranks #29 of 53.
Source: World Bank Open Data (TM.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
- 8.88
- Trough
- 3.28
- 1-year change
- +5.3%
- 5-year change
- -4.0%
- -0.8% / yr
- 10-year change
- -14.9%
- -1.6% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) |
|---|---|
| 3.7492 | |
| 3.5589 | |
| 4.4619 | |
| 4.0148 | |
| 4.0694 | |
| 3.9051 | |
| 3.7027 | |
| 3.2836 | |
| 3.9306 | |
| 4.4181 |
About Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region 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.R2.ZS • Category: Trade & Finance
Frequently asked questions
- What was Latvia's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023?
- In 2023, Latvia's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 3.75, according to World Bank Open Data.
- Is Latvia's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rising or falling?
- Latvia's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rose 5.3% from 2022 to 2023.
- How does Latvia rank globally on Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)?
- In 2023, Latvia ranked #55 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports).
- How does Latvia's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023 was 4.32, so Latvia is below the world average. Within Europe & Central Asia, it ranks #29 of 53.
- What is Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region 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.R2.ZS), CC BY 4.0.