Lao PDR | Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies 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. Development relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
Lao People's Democratic Republic
Records
63
Source
Lao PDR | Merchandise imports from high-income economies (% of total merchandise imports)
year value
1960 85.62300319
1961 56.02409639
1962 48.36065574
1963 59.375
1964 61.41078838
1965 62.15277778
1966
1967 49.34338917
1968 58.61574557
1969 55.928109
1970 61.00763303
1971 57.16057187
1972 43.85236855
1973 50.19429018
1974 46.80322302
1975
1976
1977
1978
1979
1980
1981 57.69846717
1982 51.40213935
1983 46.80322302
1984 42.29867571
1985 54.9925503
1986 39.30172721
1987 37.20074666
1988 36.54430235
1989 30.00426245
1990 26.9887461
1991 32.83564982
1992 28.6802579
1993 23.61657791
1994 14.69597589
1995 14.99660326
1996 13.80510441
1997 8.08058554
1998 16.24072246
1999 16.04663223
2000 19.04963438
2001 15.40505521
2002 16.89695029
2003 14.77811377
2004 18.47399081
2005 14.21098293
2006 11.32122865
2007 13.97466943
2008 12.41193337
2009 13.65219424
2010 12.41109036
2011 15.21771074
2012 12.96780821
2013 9.52900682
2014 10.76299136
2015 10.74043246
2016 8.35926817
2017 8.70145078
2018 7.61122105
2019 6.07485056
2020 9.69782849
2021
2022

Lao PDR | Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies 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. Development relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
Lao People's Democratic Republic
Records
63
Source