Luxembourg: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
In , Luxembourg's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 0.87.
That's down 10.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 8.21 . Luxembourg ranks #117 globally out of 197 reporting countries. Within Europe & Central Asia, it ranks #24 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.R6.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
- 1.22
- Trough
- 0.31
- 1-year change
- -10.2%
- 5-year change
- -6.2%
- -1.3% / yr
- 10-year change
- +30.6%
- +2.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) |
|---|---|
| 0.8708 | |
| 0.9693 | |
| 0.8996 | |
| 0.9213 | |
| 0.7702 | |
| 0.9286 | |
| 0.8349 | |
| 0.7413 | |
| 0.9055 | |
| 0.8248 |
About Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan 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.R6.ZS • Category: Trade & Finance
Frequently asked questions
- What was Luxembourg's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023?
- In 2023, Luxembourg's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) was 0.87, according to World Bank Open Data.
- Is Luxembourg's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) rising or falling?
- Luxembourg's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) fell 10.2% from 2022 to 2023.
- How does Luxembourg rank globally on Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)?
- In 2023, Luxembourg ranked #117 out of 197 countries reporting Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports).
- How does Luxembourg's Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in 2023 was 8.21, so Luxembourg is below the world average. Within Europe & Central Asia, it ranks #24 of 53.
- What is Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan 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.
Source: World Bank Open Data (TX.VAL.MRCH.R6.ZS), CC BY 4.0.