Armenia - Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in Armenia was 41.10 as of 2016. Its highest value over the past 23 years was 74.68 in 1993, while its lowest value was 17.91 in 2004.
Definition: 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.
Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.
Aggregation method: Weighted average