Luxembourg: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Luxembourg's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 1.88.
That's down 15.8% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . Luxembourg ranks #188 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #52 of 53.
Source: World Bank Open Data (TM.VAL.MRCH.OR.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
- 19.13
- Trough
- 1.88
- 1-year change
- -15.8%
- 5-year change
- -55.5%
- -14.9% / yr
- 10-year change
- -81.0%
- -15.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 1.8755 | |
| 2.2286 | |
| 2.2708 | |
| 2.3772 | |
| 7.8862 | |
| 4.2123 | |
| 6.2355 | |
| 10.8280 | |
| 16.4577 | |
| 9.9684 |
About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Luxembourg's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Luxembourg's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 1.88, according to World Bank Open Data.
- Is Luxembourg's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Luxembourg's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 15.8% from 2022 to 2023.
- How does Luxembourg rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Luxembourg ranked #188 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Luxembourg's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Luxembourg is below the world average. Within Europe & Central Asia, it ranks #52 of 53.
- What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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.OR.ZS), CC BY 4.0.