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Luxembourg: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)

In , Luxembourg's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 2.53.

That's up 21.9% from 2022, the highest value since .

The global average for this indicator in 2023 was 5.10 . Luxembourg ranks #60 globally out of 192 reporting countries. Within Europe & Central Asia, it ranks #42 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.R2.ZS) • Data as of 2023

Trend (2004–2023)

Luxembourg Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
3.77
Trough
0.71
1-year change
+21.9%
5-year change
+50.9%
+8.6% / yr
10-year change
-13.3%
-1.4% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
2.5265
2.0727
1.5574
1.9725
1.6592
1.6747
1.1997
1.2977
1.3111
1.3951

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.ZSCategory: Trade & Finance

Frequently asked questions

What was Luxembourg's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
In 2023, Luxembourg's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 2.53, according to World Bank Open Data.
Is Luxembourg's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
Luxembourg's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rose 21.9% from 2022 to 2023.
How does Luxembourg rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
In 2023, Luxembourg ranked #60 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
How does Luxembourg'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 Luxembourg is below the world average. Within Europe & Central Asia, it ranks #42 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.
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Source: World Bank Open Data (TX.VAL.MRCH.R2.ZS), CC BY 4.0.