Merchandise exports to low- and middle-income economies in Europe & in Armenia
Armenia: Merchandise exports to low- and middle-income economies in Europe & was 4.7% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Europe & in Armenia, 1993–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Armenia recorded 4.7% for merchandise exports to low- and middle-income economies in europe & in 2023. That is the lowest value across all 31 years on record.
Compared with earlier readings it is down 29.5% on the previous year and down 53.4% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in europe & in Armenia peaked at 48.4% in 1993 and was at its lowest, 4.7%, in 2023.
Armenia ranks 39th of 204 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in Europe & in Armenia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1993 | 48.4% | — |
| 1994 | 39.2% | -19.1% |
| 1995 | 33.9% | -13.3% |
| 1996 | 15.9% | -53.2% |
| 1997 | 16.3% | +2.8% |
| 1998 | 19.3% | +18.5% |
| 1999 | 10.1% | -47.9% |
| 2000 | 10.7% | +6.1% |
| 2001 | 8.4% | -21.9% |
| 2002 | 6.3% | -24.1% |
| 2003 | 5.0% | -20.5% |
| 2004 | 6.5% | +29.2% |
| 2005 | 7.2% | +11.0% |
| 2006 | 9.3% | +29.0% |
| 2007 | 13.4% | +43.7% |
| 2008 | 11.6% | -13.7% |
| 2009 | 11.8% | +1.6% |
| 2010 | 8.1% | -31.4% |
| 2011 | 7.0% | -12.6% |
| 2012 | 8.9% | +25.7% |
| 2013 | 10.1% | +14.5% |
| 2014 | 9.6% | -4.9% |
| 2015 | 10.6% | +9.7% |
| 2016 | 10.5% | -0.9% |
| 2017 | 8.5% | -19.2% |
| 2018 | 5.1% | -40.3% |
| 2019 | 5.1% | +0.9% |
| 2020 | 4.8% | -6.7% |
| 2021 | 5.1% | +6.3% |
| 2022 | 6.7% | +32.2% |
| 2023 | 4.7% | -29.5% |
Armenia compared with similar countries
- Armenia's 4.7% is above the median for upper middle income countries, which is 0.9%, 5.2× the median. (59 countries reporting)
- Armenia's 4.7% is below the median for Europe & Central Asia, which is 6.9%, 69% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.2% | 10.1% | 48.4% | 7 |
| 2000s | 9.0% | 5.0% | 13.4% | 10 |
| 2010s | 8.3% | 5.1% | 10.6% | 10 |
| 2020s | 5.3% | 4.7% | 6.7% | 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 low- and middle-income economies in europe & in Armenia?
- Merchandise exports to low- and middle-income economies in europe & in Armenia was 4.7% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in europe & recorded in Armenia?
- The highest recorded value was 48.4% in 1993.
- What is the lowest merchandise exports to low- and middle-income economies in europe & recorded in Armenia?
- The lowest recorded value was 4.7% in 2023.
- How does Armenia rank for merchandise exports to low- and middle-income economies in europe &?
- Armenia ranks 39th out of 204 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in europe & rising or falling in Armenia?
- Over the last ten years it is down 53.4%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are 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.