Armenia: Merchandise imports by the reporting economy, residual (% of total merchandise imports)

Key figures

What the numbers say

In 2023, Armenia's merchandise imports by the reporting economy, residual (% of total merchandise imports) fell 0 percentage points on 2022 (from 0.0000516% to 0.00000882%).

Across the 30 yearly changes before that (1993 to 2022), the average change was +0 percentage points and a typical year strayed about 0.01 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 0.02 percentage points in 2003 and the biggest yearly fall was 0.02 percentage points in 2004. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 15% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Armenia had the 132nd highest value of the 205 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Armenia in the 2023 ranking

• Mali — 129th of 205: 0.0000118%
• Azerbaijan — 130th of 205: 0.0000104%
• Oman — 131st of 205: 0.00000947%
• Kyrgyz Republic — 133rd of 205: 0.00000496%
• Uruguay — 134th of 205: 0.00000473%
• Slovak Republic — 135th of 205: 0.00000453%

What this measures

Merchandise imports by the reporting economy residuals are the total merchandise imports by the reporting economy from the rest of the world as reported in the IMF's Direction of trade database, less the sum of imports by the reporting economy from high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise imports by the economy.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 32 values

Merchandise imports by the reporting economy, residual (% of total merchandise imports) in nearby economies

• Albania — 0.000351% (2023)
• Austria — 0.000536% (2023)
• Azerbaijan — 0.0000104% (2023)
• Belarus — 0.00000371% (2023)
• Belgium — 0.00434% (2023)
• Bosnia and Herzegovina — 0.00101% (2023)
• Bulgaria — 0.000772% (2023)
• Croatia

More private sector & trade data for Armenia

• Merchandise trade (% of GDP) — 73.28% (2025)
• Merchandise imports (current US$) — US$13.04 billion (2025)
• Merchandise exports (current US$) — US$8.4 billion (2025)
• Insurance and financial services (% of commercial service imports) — 8.92% (2025)
• Computer, communications and other services (% of commercial service imports) — 14.5% (2025)
• Commercial service imports (current US$) — US$4.25 billion (2025)
• Transport services (% of commercial service imports) — 21.91% (2025)
• Travel services (% of commercial service imports) — 54.66% (2025)
• Commercial service exports (current US$) — US$6.04 billion (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Armenia's merchandise imports by the reporting economy, residual (% of total merchandise imports)?

0.00000882% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1992?

It is up 0.00000882 percentage points from -0.000000000000076% in 1992. The highest value was 0.02% in 2003 and the lowest -0.000000000000076% in 1992.

How does Armenia rank?

132nd highest of 205 economies with data for 2023.

Is the latest change in merchandise imports by the reporting economy, residual (% of total merchandise imports) unusual for Armenia?

Source

World Bank, World Development Indicators, indicator TM.VAL.MRCH.RS.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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