Armenia vs Latin America & the Caribbean (IDA & IBRD countries): Merchandise exports by the reporting economy (current US$), annual

Armenia
59.69 % change on previous year
in 2023
Latin America & the Caribbean (IDA & IBRD countries)
-1.32 % change on previous year
in 2023
Armenia rank
8th
Latin America & the Caribbean (IDA & IBRD countries) rank
5th

Merchandise exports by the reporting economy (current US$), annual over time

  • Armenia
  • Latin America & the Caribbean (IDA & IBRD countries)
-250255075196119922023

How they compare

Armenia currently reports 59.69 % change on previous year against -1.32 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries), a difference of 61.01 % change on previous year.

That makes Armenia's figure about 45.3 times Latin America & the Caribbean (IDA & IBRD countries)'s.

The two have swapped places 12 times across 30 shared years of data; in 1994 it was Armenia ahead.

Armenia ranks 8th and Latin America & the Caribbean (IDA & IBRD countries) ranks 5th of 206 countries.

Across the 4 decades both report, Armenia averaged higher in 3 and Latin America & the Caribbean (IDA & IBRD countries) in 1.

Head to head by decade

Decade Armenia Latin America & the Caribbean (IDA & IBRD countries) Difference Ahead
1990s 9.03 % change on previous year 11.37 % change on previous year 2.34 % change on previous year Latin America & the Caribbean (IDA & IBRD countries)
2000s 14.62 % change on previous year 9.83 % change on previous year 4.79 % change on previous year Armenia
2010s 15.25 % change on previous year 5 % change on previous year 10.24 % change on previous year Armenia
2020s 38.1 % change on previous year 8.35 % change on previous year 29.75 % change on previous year Armenia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports by the reporting economy (current us$), annual, Armenia or Latin America & the Caribbean (IDA & IBRD countries)?
Armenia, at 59.69 % change on previous year against -1.32 % change on previous year in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
What is the difference in merchandise exports by the reporting economy (current us$), annual between Armenia and Latin America & the Caribbean (IDA & IBRD countries)?
61.01 % change on previous year, with Armenia ahead.
How many years of comparable data are there for Armenia and Latin America & the Caribbean (IDA & IBRD countries)?
30 years are reported by both, from 1994 to 2023.
How do Armenia and Latin America & the Caribbean (IDA & IBRD countries) rank globally for merchandise exports by the reporting economy (current us$), annual?
Armenia ranks 8th and Latin America & the Caribbean (IDA & IBRD countries) ranks 5th of 206 countries.
Where does this data come from?
Statizoid (derived), published as Merchandise exports by the reporting economy (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Armenia vs Latin America & the Caribbean (IDA & IBRD countries): Merchandise exports by the reporting economy (current US$), annual. Statizoid, drawing on Statizoid (derived). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us-annual-growth-rate/armenia/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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About this data

Indicator
Merchandise exports by the reporting economy (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
253 places, 13,157 data points, 1961–2023
Last refreshed

The year-on-year percentage change in Merchandise exports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.