Armenia: Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
In , Armenia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 9.15.
That's down 42.3% from 2022, the highest value since .
The global average for this indicator in 2023 was 18.45 . Armenia ranks #115 globally out of 201 reporting countries. Within Europe & Central Asia, it ranks #28 of 53.
Source: World Bank Open Data (TX.VAL.MRCH.OR.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
- 28.20
- Trough
- 3.63
- 1-year change
- -42.3%
- 5-year change
- -46.9%
- -11.9% / yr
- 10-year change
- -41.9%
- -5.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) |
|---|---|
| 9.1522 | |
| 15.8742 | |
| 26.1339 | |
| 25.7896 | |
| 19.8206 | |
| 17.2299 | |
| 17.3539 | |
| 19.5247 | |
| 28.1984 | |
| 26.1336 |
About Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Armenia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023?
- In 2023, Armenia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) was 9.15, according to World Bank Open Data.
- Is Armenia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) rising or falling?
- Armenia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) fell 42.3% from 2022 to 2023.
- How does Armenia rank globally on Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)?
- In 2023, Armenia ranked #115 out of 201 countries reporting Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports).
- How does Armenia's Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in 2023 was 18.45, so Armenia is below the world average. Within Europe & Central Asia, it ranks #28 of 53.
- What is Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) and how is it measured?
- Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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.OR.ZS), CC BY 4.0.