Armenia vs Northern Europe: Merchandise trade as a proportion of GDP
Armenia
116.2%
in 2024
Northern Europe
47.0%
in 2024
Armenia rank
20th
Northern Europe rank
18th
Merchandise trade as a proportion of GDP over time
- Armenia
- Northern Europe
How they compare
Armenia currently reports 116.2% against 47.0% in Northern Europe, a difference of 69.2%.
That makes Armenia's figure about 2.5 times Northern Europe's.
The two have swapped places 4 times across 25 shared years of data; in 2000 it was Armenia ahead.
Armenia ranks 20th and Northern Europe ranks 18th of 218 countries.
Armenia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Armenia | Northern Europe | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 55.8% | 46.5% | 9.3% | Armenia |
| 2010s | 53.1% | 49.1% | 4.0% | Armenia |
| 2020s | 78.7% | 49.2% | 29.5% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, Armenia or Northern Europe?
- Armenia, at 116.2% against 47.0% in Northern Europe as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Armenia and Northern Europe?
- 69.2%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Northern Europe?
- 25 years are reported by both, from 2000 to 2024.
- How do Armenia and Northern Europe rank globally for merchandise trade as a proportion of gdp?
- Armenia ranks 20th and Northern Europe ranks 18th of 218 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.