Merchandise exports to high-income economies in Armenia
Armenia: Merchandise exports to high-income economies was 86.1% in 2023. ▲ Rising
Merchandise exports to high-income economies in Armenia, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Armenia recorded 86.1% for merchandise exports to high-income economies in 2023.
Compared with earlier readings it is up 11.2% on the previous year and up 16.2% over ten years.
Over the whole period, merchandise exports to high-income economies in Armenia peaked at 100.0% in 1992 and was at its lowest, 46.9%, in 1993.
That places Armenia 36th out of 206 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Merchandise exports to high-income economies in Armenia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1992 | 100.0% | — |
| 1993 | 46.9% | -53.1% |
| 1994 | 52.9% | +12.8% |
| 1995 | 47.2% | -10.9% |
| 1996 | 50.4% | +6.8% |
| 1997 | 62.0% | +23.1% |
| 1998 | 64.4% | +4.0% |
| 1999 | 74.4% | +15.5% |
| 2000 | 77.5% | +4.1% |
| 2001 | 81.8% | +5.6% |
| 2002 | 86.2% | +5.4% |
| 2003 | 90.1% | +4.5% |
| 2004 | 84.2% | -6.6% |
| 2005 | 87.8% | +4.3% |
| 2006 | 85.9% | -2.2% |
| 2007 | 81.7% | -4.9% |
| 2008 | 84.8% | +3.8% |
| 2009 | 81.4% | -4.0% |
| 2010 | 78.9% | -3.1% |
| 2011 | 81.6% | +3.5% |
| 2012 | 79.3% | -2.8% |
| 2013 | 74.1% | -6.6% |
| 2014 | 64.2% | -13.3% |
| 2015 | 61.2% | -4.7% |
| 2016 | 70.0% | +14.3% |
| 2017 | 74.2% | +6.0% |
| 2018 | 77.7% | +4.8% |
| 2019 | 75.1% | -3.4% |
| 2020 | 69.5% | -7.5% |
| 2021 | 68.8% | -0.9% |
| 2022 | 77.4% | +12.5% |
| 2023 | 86.1% | +11.2% |
Armenia compared with similar countries
- Armenia's 86.1% is above the median for upper middle income countries, which is 65.7%, 1.3× the median. (59 countries reporting)
- Armenia's 86.1% is above the median for Europe & Central Asia, which is 83.1%, 1.0× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 62.3% | 46.9% | 100.0% | 8 |
| 2000s | 84.1% | 77.5% | 90.1% | 10 |
| 2010s | 73.6% | 61.2% | 81.6% | 10 |
| 2020s | 75.5% | 68.8% | 86.1% | 4 |
Countries ranked near Armenia
More private sector data for Armenia
- Merchandise trade 73.3% (2025)
- Food imports 8.4% (2024)
- Manufactures imports 43.4% (2024)
- Merchandise imports 13.04 billion current US$ (2025)
- Food exports 9.4% (2024)
- Manufactures exports 29.5% (2024)
- Merchandise exports 8.39 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,720 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2871 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -35.88 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to high-income economies in Armenia?
- Merchandise exports to high-income economies in Armenia was 86.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Armenia?
- The highest recorded value was 100.0% in 1992.
- What is the lowest merchandise exports to high-income economies recorded in Armenia?
- The lowest recorded value was 46.9% in 1993.
- How does Armenia rank for merchandise exports to high-income economies?
- Armenia ranks 36th out of 206 countries with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Armenia?
- Over the last ten years it is up 16.2%. The long-run trend across the full record is rising.
- Where does this Armenia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.