Armenia: Merchandise exports to high-income economies (% of total merchandise exports)
In , Armenia's Merchandise exports to high-income economies (% of total merchandise exports) was 86.13.
That's up 11.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Armenia ranks #36 globally out of 205 reporting countries. Within Europe & Central Asia, it ranks #19 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.HI.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
- 87.76
- Trough
- 61.23
- 1-year change
- +11.2%
- 5-year change
- +10.8%
- +2.1% / yr
- 10-year change
- +16.2%
- +1.5% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 86.1275 | |
| 77.4347 | |
| 68.8055 | |
| 69.4516 | |
| 75.0778 | |
| 77.7115 | |
| 74.1782 | |
| 69.9925 | |
| 61.2259 | |
| 64.2218 |
About Merchandise exports to high-income economies (% of total merchandise exports)
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.
Indicator code: TX.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Armenia's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Armenia's Merchandise exports to high-income economies (% of total merchandise exports) was 86.13, according to World Bank Open Data.
- Is Armenia's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Armenia's Merchandise exports to high-income economies (% of total merchandise exports) rose 11.2% from 2022 to 2023.
- How does Armenia rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Armenia ranked #36 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Armenia's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Armenia is above the world average. Within Europe & Central Asia, it ranks #19 of 53.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- 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.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.