Merchandise imports from low- and middle-income economies within in Armenia

Armenia: Merchandise imports from low- and middle-income economies within was 5.7% in 2023. ▼ Falling

Latest (2023)
5.7%
Change on year
down 27.7%
World rank
143rd
of 203 countries
All-time high
36.1%
in 1993
All-time low
5.7%
in 2023
Years of data
31
1993–2023

Merchandise imports from low- and middle-income economies within in Armenia, 1993–2023

102030401993200820231993: 36.1 % of total merchandise imports1994: 24 % of total merchandise imports1995: 30.6 % of total merchandise imports1996: 21.8 % of total merchandise imports1997: 13.7 % of total merchandise imports1998: 10.8 % of total merchandise imports1999: 9.4 % of total merchandise imports2000: 9.2 % of total merchandise imports2001: 9.1 % of total merchandise imports2002: 14.9 % of total merchandise imports2003: 17.4 % of total merchandise imports2004: 20.2 % of total merchandise imports2005: 19.3 % of total merchandise imports2006: 22.3 % of total merchandise imports2007: 21.9 % of total merchandise imports2008: 16.5 % of total merchandise imports2009: 14.3 % of total merchandise imports2010: 15.3 % of total merchandise imports2011: 15 % of total merchandise imports2012: 12.7 % of total merchandise imports2013: 12.4 % of total merchandise imports2014: 12.5 % of total merchandise imports2015: 11.4 % of total merchandise imports2016: 12.3 % of total merchandise imports2017: 11.9 % of total merchandise imports2018: 11.3 % of total merchandise imports2019: 10.3 % of total merchandise imports2020: 11.3 % of total merchandise imports2021: 8.2 % of total merchandise imports2022: 7.9 % of total merchandise imports2023: 5.7 % of total merchandise imports

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 within 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 within in Armenia peaked at 36.1% in 1993 and was at its lowest, 5.7%, in 2023.

That places Armenia 143rd out of 203 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 31 years of available data.

Merchandise imports from low- and middle-income economies within in Armenia, year by year

Annual values for Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in Armenia, 1993 to 2023.
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 below the median for upper middle income countries, which is 16.6%, 34% of 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

DecadeAverage LowestHighest 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

  1. 140 Tuvalu 6.3% compare
  2. 141 Italy 6.0% compare
  3. 142 Comoros 5.9% compare
  4. 144 Jordan 5.4% compare
  5. 145 Iraq 4.9% compare
  6. 146 Switzerland 4.7% compare

See the full ranking of 249 places →

More private sector data for Armenia

All data for Armenia →

Frequently asked questions

What is merchandise imports from low- and middle-income economies within in Armenia?
Merchandise imports from low- and middle-income economies within 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 within recorded in Armenia?
The highest recorded value was 36.1% in 1993.
What is the lowest merchandise imports from low- and middle-income economies within 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 within?
Armenia ranks 143rd out of 203 countries with data for 2023.
Is merchandise imports from low- and middle-income economies within 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 within region (% of total merchandise imports). Statizoid updates them automatically from the source API.

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Merchandise imports from low- and middle-income economies within in Armenia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-within-region-percent-of-total/armenia/

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About this data

Indicator
Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
249 places, 13,090 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.