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Armenia: Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)

In , Armenia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 4.72.

That's down 29.5% from 2022, the highest value since .

The global average for this indicator in 2023 was 5.10 . Armenia ranks #38 globally out of 192 reporting countries. Within Europe & Central Asia, it ranks #30 of 53.

Source: World Bank Open Data (TX.VAL.MRCH.R2.ZS) • Data as of 2023

Trend (2004–2023)

Armenia Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
13.41
Trough
4.72
1-year change
-29.5%
5-year change
-6.7%
-1.4% / yr
10-year change
-53.4%
-7.4% / yr

Historical Data — Last 10 Years

Year Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
4.7203
6.6911
5.0606
4.7588
5.1017
5.0586
8.4680
10.4828
10.5757
9.6446

About Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are 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.R2.ZSCategory: Trade & Finance

Frequently asked questions

What was Armenia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023?
In 2023, Armenia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) was 4.72, according to World Bank Open Data.
Is Armenia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) rising or falling?
Armenia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) fell 29.5% from 2022 to 2023.
How does Armenia rank globally on Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)?
In 2023, Armenia ranked #38 out of 192 countries reporting Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports).
How does Armenia's Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in 2023 was 5.10, so Armenia is below the world average. Within Europe & Central Asia, it ranks #30 of 53.
What is Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) and how is it measured?
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are 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.
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Source: World Bank Open Data (TX.VAL.MRCH.R2.ZS), CC BY 4.0.