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Armenia: Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)

In , Armenia's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) was 5.25.

That's down 29.3% from 2022, the highest value since .

The global average for this indicator in 2023 was 1.73 . Armenia ranks #13 globally out of 191 reporting countries. Within Europe & Central Asia, it ranks #3 of 53.

Source: World Bank Open Data (TM.VAL.MRCH.R4.ZS) • Data as of 2023

Trend (2004–2023)

Armenia Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) 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
8.94
Trough
4.50
1-year change
-29.3%
5-year change
-10.0%
-2.1% / yr
10-year change
-1.9%
-0.2% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)
5.2453
7.4212
8.9358
7.3030
6.2454
5.8310
4.5379
5.4673
6.5945
5.6335

About Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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: TM.VAL.MRCH.R4.ZSCategory: Trade & Finance

Frequently asked questions

What was Armenia's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in 2023?
In 2023, Armenia's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) was 5.25, according to World Bank Open Data.
Is Armenia's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) rising or falling?
Armenia's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) fell 29.3% from 2022 to 2023.
How does Armenia rank globally on Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)?
In 2023, Armenia ranked #13 out of 191 countries reporting Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports).
How does Armenia's Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) in 2023 was 1.73, so Armenia is above the world average. Within Europe & Central Asia, it ranks #3 of 53.
What is Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Middle East and North Africa region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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 (TM.VAL.MRCH.R4.ZS), CC BY 4.0.