Armenia: Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
In , Armenia's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) was 5.69.
That's down 27.7% from 2022, the highest value since .
The global average for this indicator in 2023 was 19.71 . Armenia ranks #142 globally out of 202 reporting countries. Within Europe & Central Asia, it ranks #24 of 53.
Source: World Bank Open Data (TM.VAL.MRCH.WR.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
- 22.27
- Trough
- 5.69
- 1-year change
- -27.7%
- 5-year change
- -49.9%
- -12.9% / yr
- 10-year change
- -54.1%
- -7.5% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) |
|---|---|
| 5.6861 | |
| 7.8666 | |
| 8.2033 | |
| 11.3378 | |
| 10.2653 | |
| 11.3427 | |
| 11.9460 | |
| 12.3163 | |
| 11.3906 | |
| 12.4566 |
About Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Indicator code: TM.VAL.MRCH.WR.ZS • Category: Trade & Finance
Frequently asked questions
- What was Armenia's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in 2023?
- In 2023, Armenia's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) was 5.69, according to World Bank Open Data.
- Is Armenia's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) rising or falling?
- Armenia's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) fell 27.7% from 2022 to 2023.
- How does Armenia rank globally on Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)?
- In 2023, Armenia ranked #142 out of 202 countries reporting Merchandise imports from low- and middle-income economies within region (% of total merchandise imports).
- How does Armenia's Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in 2023 was 19.71, so Armenia is below the world average. Within Europe & Central Asia, it ranks #24 of 53.
- What is Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
Source: World Bank Open Data (TM.VAL.MRCH.WR.ZS), CC BY 4.0.