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Armenia: Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)

In , Armenia's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 3.16.

That's down 6.9% from 2022, the highest value since .

The global average for this indicator in 2023 was 4.41 . Armenia ranks #66 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #5 of 53.

Source: World Bank Open Data (TM.VAL.MRCH.R5.ZS) • Data as of 2023

Trend (2004–2023)

Armenia Merchandise imports from low- and middle-income economies in South Asia (% 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
3.39
Trough
0.93
1-year change
-6.9%
5-year change
+49.2%
+8.3% / yr
10-year change
+77.8%
+5.9% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
3.1570
3.3920
2.1971
2.3392
2.7728
2.1160
1.6120
2.7769
2.0515
1.7572

About Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia 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.R5.ZSCategory: Trade & Finance

Frequently asked questions

What was Armenia's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023?
In 2023, Armenia's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) was 3.16, according to World Bank Open Data.
Is Armenia's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) rising or falling?
Armenia's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) fell 6.9% from 2022 to 2023.
How does Armenia rank globally on Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)?
In 2023, Armenia ranked #66 out of 204 countries reporting Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports).
How does Armenia's Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) in 2023 was 4.41, so Armenia is below the world average. Within Europe & Central Asia, it ranks #5 of 53.
What is Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia 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.R5.ZS), CC BY 4.0.