Luxembourg: Merchandise exports to high-income economies (% of total merchandise exports)
In , Luxembourg's Merchandise exports to high-income economies (% of total merchandise exports) was 91.37.
That's down 0.9% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Luxembourg ranks #16 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #6 of 53.
Source: World Bank Open Data (TX.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
Highlights
- Peak
- 96.72
- Trough
- 91.12
- 1-year change
- -0.9%
- 5-year change
- -2.1%
- -0.4% / yr
- 10-year change
- -1.7%
- -0.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 91.3697 | |
| 92.1734 | |
| 92.9002 | |
| 92.9995 | |
| 93.8753 | |
| 93.3234 | |
| 94.0659 | |
| 94.2972 | |
| 94.0331 | |
| 94.2622 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Luxembourg's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Luxembourg's Merchandise exports to high-income economies (% of total merchandise exports) was 91.37, according to World Bank Open Data.
- Is Luxembourg's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Luxembourg's Merchandise exports to high-income economies (% of total merchandise exports) fell 0.9% from 2022 to 2023.
- How does Luxembourg rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Luxembourg ranked #16 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Luxembourg's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Luxembourg is above the world average. Within Europe & Central Asia, it ranks #6 of 53.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.HI.ZS), CC BY 4.0.