Africa's Development: International trade costs Average … continent in Armenia
Armenia: Africa's Development: International trade costs Average … continent was 133.1 Percentage of merchandise value in 2020. ▼ Falling
Africa's Development Dynamics (AfDD) Table 28 - International trade in Armenia, 2000–2020
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of merchandise value.
Analysis
Armenia recorded 133.1 Percentage of merchandise value for africa's development dynamics (afdd) table 28 - international trade in 2020.
The figure is down 2.5% on the previous year and down 21.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 28 - international trade in Armenia peaked at 178.87 Percentage of merchandise value in 2000 and was at its lowest, 132.74 Percentage of merchandise value, in 2018.
Armenia ranks 54th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Africa's Development: International trade costs Average … continent in Armenia, year by year
| Year | Percentage of merchandise value | Change |
|---|---|---|
| 2000 | 178.87 Percentage of merchandise value | — |
| 2001 | 174.22 Percentage of merchandise value | -2.6% |
| 2002 | 159.51 Percentage of merchandise value | -8.4% |
| 2003 | 160.4 Percentage of merchandise value | +0.6% |
| 2004 | 162.18 Percentage of merchandise value | +1.1% |
| 2005 | 140.38 Percentage of merchandise value | -13.4% |
| 2006 | 151.25 Percentage of merchandise value | +7.7% |
| 2007 | 151.02 Percentage of merchandise value | -0.1% |
| 2008 | 168.57 Percentage of merchandise value | +11.6% |
| 2009 | 172.51 Percentage of merchandise value | +2.3% |
| 2010 | 170.5 Percentage of merchandise value | -1.2% |
| 2011 | 159.3 Percentage of merchandise value | -6.6% |
| 2012 | 163.31 Percentage of merchandise value | +2.5% |
| 2013 | 156.41 Percentage of merchandise value | -4.2% |
| 2014 | 166.12 Percentage of merchandise value | +6.2% |
| 2015 | 149.72 Percentage of merchandise value | -9.9% |
| 2016 | 142.11 Percentage of merchandise value | -5.1% |
| 2017 | 133.03 Percentage of merchandise value | -6.4% |
| 2018 | 132.74 Percentage of merchandise value | -0.2% |
| 2019 | 136.51 Percentage of merchandise value | +2.8% |
| 2020 | 133.1 Percentage of merchandise value | -2.5% |
Armenia compared with similar countries
- Armenia's 133.1 Percentage of merchandise value is above the median for upper middle income countries, which is 105.2 Percentage of merchandise value, 1.3× the median. (48 countries reporting)
- Armenia's 133.1 Percentage of merchandise value is above the median for Europe & Central Asia, which is 70.54 Percentage of merchandise value, 1.9× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 161.89 Percentage of merchandise value | 140.38 Percentage of merchandise value | 178.87 Percentage of merchandise value | 10 |
| 2010s | 150.97 Percentage of merchandise value | 132.74 Percentage of merchandise value | 170.5 Percentage of merchandise value | 10 |
| 2020s | 133.1 Percentage of merchandise value | 133.1 Percentage of merchandise value | 133.1 Percentage of merchandise value | 1 |
Countries ranked near Armenia
- 51 Kuwait 136.53 Percentage of merchandise value compare
- 52 Côte d’Ivoire 134.77 Percentage of merchandise value compare
- 53 Azerbaijan 134.03 Percentage of merchandise value compare
- 55 Senegal 130.86 Percentage of merchandise value compare
- 56 Jordan 130.09 Percentage of merchandise value compare
- 57 Bangladesh 129.64 Percentage of merchandise value compare
More economy & growth data for Armenia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -34.44 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.41 units per person (2025)
- SDRs holdings, SDR, annual growth rate -37.57 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.2994 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -31.41 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0088 units per US$ of GDP (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 28 - international trade in Armenia?
- Africa's development dynamics (afdd) table 28 - international trade in Armenia was 133.1 Percentage of merchandise value in 2020, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 28 - international trade recorded in Armenia?
- The highest recorded value was 178.87 Percentage of merchandise value in 2000.
- What is the lowest africa's development dynamics (afdd) table 28 - international trade recorded in Armenia?
- The lowest recorded value was 132.74 Percentage of merchandise value in 2018.
- How does Armenia rank for africa's development dynamics (afdd) table 28 - international trade?
- Armenia ranks 54th out of 157 countries with data for 2020.
- Is africa's development dynamics (afdd) table 28 - international trade rising or falling in Armenia?
- Over the last ten years it is down 21.9%. The long-run trend across the full record is falling.
- Where does this Armenia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 28 - International trade costs — Average cost of trade within continent, manufactured goods. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 28 shows the average cost of importing and exporting goods calculated as a percentage of the value of goods traded, broken down by the origin and destination of the trade, whether it is with bordering countries, with countries in the same region, or the same continent.