Merchandise imports from low- and middle-income economies in Europe & in Armenia
Armenia: Merchandise imports from low- and middle-income economies in Europe & was 5.7% in 2023. ▼ Falling
Merchandise imports from low- and middle-income economies in Europe & in Armenia, 1993–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from low- and middle-income economies in europe & in Armenia is 5.7%, measured in 2023. That is the lowest value across all 31 years on record.
The figure is down 27.7% on the previous year and down 54.1% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in europe & in Armenia peaked at 36.1% in 1993 and was at its lowest, 5.7%, in 2023.
Armenia ranks 44th of 206 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Merchandise imports from low- and middle-income economies in Europe & in Armenia, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1993 | 36.1% | — |
| 1994 | 24.0% | -33.6% |
| 1995 | 30.6% | +27.9% |
| 1996 | 21.8% | -28.9% |
| 1997 | 13.7% | -37.1% |
| 1998 | 10.8% | -21.5% |
| 1999 | 9.4% | -12.2% |
| 2000 | 9.2% | -2.8% |
| 2001 | 9.1% | -0.5% |
| 2002 | 14.9% | +63.4% |
| 2003 | 17.4% | +16.9% |
| 2004 | 20.2% | +15.9% |
| 2005 | 19.3% | -4.6% |
| 2006 | 22.3% | +15.6% |
| 2007 | 21.9% | -1.5% |
| 2008 | 16.5% | -24.7% |
| 2009 | 14.3% | -13.7% |
| 2010 | 15.3% | +7.3% |
| 2011 | 15.0% | -2.2% |
| 2012 | 12.7% | -15.1% |
| 2013 | 12.4% | -2.5% |
| 2014 | 12.5% | +0.6% |
| 2015 | 11.4% | -8.6% |
| 2016 | 12.3% | +8.1% |
| 2017 | 11.9% | -3.0% |
| 2018 | 11.3% | -5.1% |
| 2019 | 10.3% | -9.5% |
| 2020 | 11.3% | +10.4% |
| 2021 | 8.2% | -27.6% |
| 2022 | 7.9% | -4.1% |
| 2023 | 5.7% | -27.7% |
Armenia compared with similar countries
- Armenia's 5.7% is above the median for upper middle income countries, which is 1.5%, 3.8× the median. (59 countries reporting)
- Armenia's 5.7% is above the median for Europe & Central Asia, which is 4.2%, 1.3× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.9% | 9.4% | 36.1% | 7 |
| 2000s | 16.5% | 9.1% | 22.3% | 10 |
| 2010s | 12.5% | 10.3% | 15.3% | 10 |
| 2020s | 8.3% | 5.7% | 11.3% | 4 |
Countries ranked near Armenia
- 41 Morocco 6.0% compare
- 42 Israel 6.0% compare
- 43 United Arab Emirates 5.9% compare
- 45 Sao Tome and Principe 5.4% compare
- 46 Yemen 5.0% compare
- 47 Switzerland 4.7% compare
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 imports from low- and middle-income economies in europe & in Armenia?
- Merchandise imports from low- and middle-income economies in europe & in Armenia was 5.7% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in europe & recorded in Armenia?
- The highest recorded value was 36.1% in 1993.
- What is the lowest merchandise imports from low- and middle-income economies in europe & recorded in Armenia?
- The lowest recorded value was 5.7% in 2023.
- How does Armenia rank for merchandise imports from low- and middle-income economies in europe &?
- Armenia ranks 44th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in europe & rising or falling in Armenia?
- Over the last ten years it is down 54.1%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports). 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 imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region 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.