Merchandise imports from low- and middle-income economies in Latin in Armenia
Armenia: Merchandise imports from low- and middle-income economies in Latin was 2.0% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in Armenia, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
Armenia recorded 2.0% for merchandise imports from low- and middle-income economies in latin in 2023.
That represents a change of down 5.2% on the previous year and down 25.5% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Armenia peaked at 3.1% in 2012 and was at its lowest, 0.1%, in 1992.
That places Armenia 95th out of 206 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Merchandise imports from low- and middle-income economies in Latin in Armenia, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1992 | 0.1% | — |
| 2001 | 0.3% | +349.0% |
| 2002 | 1.9% | +546.2% |
| 2003 | 1.7% | -9.1% |
| 2004 | 2.1% | +24.5% |
| 2005 | 2.1% | -1.5% |
| 2006 | 1.1% | -47.4% |
| 2007 | 1.4% | +31.2% |
| 2008 | 1.8% | +23.9% |
| 2009 | 2.3% | +28.4% |
| 2010 | 2.2% | -3.4% |
| 2011 | 2.9% | +28.9% |
| 2012 | 3.1% | +8.8% |
| 2013 | 2.7% | -12.3% |
| 2014 | 2.7% | +0.7% |
| 2015 | 2.9% | +6.0% |
| 2016 | 2.5% | -14.7% |
| 2017 | 2.2% | -10.0% |
| 2018 | 2.1% | -6.8% |
| 2019 | 2.3% | +9.9% |
| 2020 | 2.2% | -5.4% |
| 2021 | 1.9% | -13.8% |
| 2022 | 2.1% | +14.9% |
| 2023 | 2.0% | -5.2% |
Armenia compared with similar countries
- Armenia's 2.0% is below the median for upper middle income countries, which is 2.4%, 83% of the median. (59 countries reporting)
- Armenia's 2.0% is above the median for Europe & Central Asia, which is 1.2%, 1.7× the median. (53 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in Latin in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +546.2% | 0.3% | 1.9% |
| 2001 | +349.0% | 0.1% | 0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1% | 0.1% | 0.1% | 1 |
| 2000s | 1.6% | 0.3% | 2.3% | 9 |
| 2010s | 2.6% | 2.1% | 3.1% | 10 |
| 2020s | 2.0% | 1.9% | 2.2% | 4 |
Countries ranked near Armenia
- 92 Singapore 2.2% compare
- 93 Guinea 2.1% compare
- 94 Central African Republic 2.1% compare
- 96 Sao Tome and Principe 2.0% compare
- 97 Burkina Faso 2.0% compare
- 98 Belgium 1.9% 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 latin in Armenia?
- Merchandise imports from low- and middle-income economies in latin in Armenia was 2.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Armenia?
- The highest recorded value was 3.1% in 2012.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Armenia?
- The lowest recorded value was 0.1% in 1992.
- How does Armenia rank for merchandise imports from low- and middle-income economies in latin?
- Armenia ranks 95th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Armenia?
- Over the last ten years it is down 25.5%. 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 imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 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 Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean 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.