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)
85.62300319 1960
56.02409639 1961
48.36065574 1962
59.375 1963
61.41078838 1964
62.15277778 1965
1966
49.34338917 1967
58.61574557 1968
55.928109 1969
61.00763303 1970
57.16057187 1971
43.85236855 1972
50.19429018 1973
46.80322302 1974
1975
1976
1977
1978
1979
1980
57.69846717 1981
51.40213935 1982
46.80322302 1983
42.29867571 1984
54.9925503 1985
39.30172721 1986
37.20074666 1987
36.54430235 1988
30.00426245 1989
26.9887461 1990
32.83564982 1991
28.6802579 1992
23.61657791 1993
14.69597589 1994
14.99660326 1995
13.80510441 1996
8.08058554 1997
16.24072246 1998
16.04663223 1999
19.04963438 2000
15.40505521 2001
16.89695029 2002
14.77811377 2003
18.47399081 2004
14.21098293 2005
11.32122865 2006
13.97466943 2007
12.41193337 2008
13.65219424 2009
12.41109036 2010
15.21771074 2011
12.96780821 2012
9.52900682 2013
10.76299136 2014
10.74043246 2015
8.35926817 2016
8.70145078 2017
7.61122105 2018
6.07485056 2019
9.69782849 2020
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