Latin America & Caribbean vs Luxembourg: Merchandise exports to high-income economies
Merchandise exports to high-income economies over time
- Latin America & Caribbean
- Luxembourg
How they compare
Luxembourg currently reports 91.4% against 68.0% in Latin America & Caribbean, a difference of 23.4%.
That makes Luxembourg's figure about 1.3 times Latin America & Caribbean's.
Across all 27 years both countries report, Luxembourg has been ahead every year.
Latin America & Caribbean ranks 14th and Luxembourg ranks 16th of 47 groups.
Luxembourg has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Latin America & Caribbean | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 80.3% | 96.1% | 15.8% | Luxembourg |
| 2000s | 77.8% | 96.1% | 18.4% | Luxembourg |
| 2010s | 68.9% | 93.5% | 24.6% | Luxembourg |
| 2020s | 67.8% | 92.4% | 24.5% | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise exports to high-income economies, Latin America & Caribbean or Luxembourg?
- Luxembourg, at 91.4% against 68.0% in Latin America & Caribbean as of 2023.
- What is the difference in merchandise exports to high-income economies between Latin America & Caribbean and Luxembourg?
- 23.4%, with Luxembourg ahead.
- How many years of comparable data are there for Latin America & Caribbean and Luxembourg?
- 27 years are reported by both, from 1997 to 2023.
- How do Latin America & Caribbean and Luxembourg rank globally for merchandise exports to high-income economies?
- Latin America & Caribbean ranks 14th and Luxembourg ranks 16th of 47 groups.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise exports to high-income economies (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed 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.