{"entity":{"iso2":"LU","iso3":"LUX","name":"Luxembourg","slug":"luxembourg"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"merchandise-trade-percent-of-gdp","source":"World Trade Organization (WTO)","source_url":"https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS","title":"Merchandise trade (% of GDP)","unit":"% of GDP"},"observations":[{"date":"1999-01-01","value":88.6831},{"date":"2000-01-01","value":92.5851},{"date":"2001-01-01","value":103.284},{"date":"2002-01-01","value":96.6814},{"date":"2003-01-01","value":99.3081},{"date":"2004-01-01","value":103.511},{"date":"2005-01-01","value":110.763},{"date":"2006-01-01","value":116.814},{"date":"2007-01-01","value":98.7877},{"date":"2008-01-01","value":98.312},{"date":"2009-01-01","value":85.6826},{"date":"2010-01-01","value":79.7666},{"date":"2011-01-01","value":80.5981},{"date":"2012-01-01","value":77.5825},{"date":"2013-01-01","value":69.2189},{"date":"2014-01-01","value":66.4997},{"date":"2015-01-01","value":67.2997},{"date":"2016-01-01","value":60.543},{"date":"2017-01-01","value":58.7973},{"date":"2018-01-01","value":57.0959},{"date":"2019-01-01","value":58.2708},{"date":"2020-01-01","value":47.5141},{"date":"2021-01-01","value":49.7414},{"date":"2022-01-01","value":54.9456},{"date":"2023-01-01","value":48.9746},{"date":"2024-01-01","value":45.2863},{"date":"2025-01-01","value":46.0281}],"summary":{"latest_period":"2025-01-01","latest_value":46.0281,"max":116.814,"mean":76.3917,"min":45.2863,"of":204,"rank":122,"trend":"falling"}}