Armenia: Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
In , Armenia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 32.19.
That's down 3.2% from 2022, the highest value since .
The global average for this indicator in 2023 was 22.36 . Armenia ranks #55 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #5 of 53.
Source: World Bank Open Data (TM.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
- 33.24
- Trough
- 13.45
- 1-year change
- -3.2%
- 5-year change
- +19.6%
- +3.6% / yr
- 10-year change
- +46.9%
- +3.9% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) |
|---|---|
| 32.1862 | |
| 33.2447 | |
| 32.2783 | |
| 29.7574 | |
| 28.2958 | |
| 26.9048 | |
| 23.5680 | |
| 25.1231 | |
| 24.2415 | |
| 22.5892 |
About Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from 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 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.OR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Armenia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023?
- In 2023, Armenia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) was 32.19, according to World Bank Open Data.
- Is Armenia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) rising or falling?
- Armenia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) fell 3.2% from 2022 to 2023.
- How does Armenia rank globally on Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)?
- In 2023, Armenia ranked #55 out of 204 countries reporting Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports).
- How does Armenia's Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in 2023 was 22.36, so Armenia is above the world average. Within Europe & Central Asia, it ranks #5 of 53.
- What is Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from 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 imports 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 (TM.VAL.MRCH.OR.ZS), CC BY 4.0.