Luxembourg: Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
In , Luxembourg's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 0.97.
That's up 111.6% from 2022, the highest value on record.
The global average for this indicator in 2023 was 4.32 . Luxembourg ranks #131 globally out of 199 reporting countries. Within Europe & Central Asia, it ranks #51 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
Highlights
- Peak
- 0.97
- Trough
- 0.09
- 1-year change
- +111.6%
- 5-year change
- +347.4%
- +34.9% / yr
- 10-year change
- +328.8%
- +15.7% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) |
|---|---|
| 0.9718 | |
| 0.4593 | |
| 0.2677 | |
| 0.2725 | |
| 0.2424 | |
| 0.2172 | |
| 0.1871 | |
| 0.2280 | |
| 0.2089 | |
| 0.2449 |
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 Luxembourg's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) in 2023?
- In 2023, Luxembourg's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) was 0.97, according to World Bank Open Data.
- Is Luxembourg's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rising or falling?
- Luxembourg's Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports) rose 111.6% from 2022 to 2023.
- How does Luxembourg rank globally on Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)?
- In 2023, Luxembourg ranked #131 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports).
- How does Luxembourg'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 Luxembourg is below the world average. Within Europe & Central Asia, it ranks #51 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.