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Armenia Exports (% GDP)

Armenia's exports (% GDP) rose to 76.35% in 2024, up from 59.45% in 2023, according to World Bank. This represents an increase of 16.9% from the previous year. Armenia has the 20th highest exports (% GDP). Within Asia, it ranks 7th out of 45 countries.

Armenia's imports (% GDP) rose to 75.79% in 2024, up from 60.26% in 2023.

Yearly Historical Data (1990-2024)

(in %)
Year Exports (% GDP)
2024 76.35%
2023 59.45%
2022 50.22%
2021 35.91%
2020 29.76%
2019 41.35%
2018 39.39%
2017 38.22%
2016 33.74%
2015 29.73%
2014 28.56%
2013 28.35%
2012 27.56%
2011 22.52%
2010 19.75%
2009 14.67%
2008 14.27%
2007 18.19%
2006 22.15%
2005 27.31%
2004 28.19%
2003 30.48%
2002 27.83%
2001 24.15%
2000 22.16%
1999 20.76%
1998 19%
1997 20.27%
1996 23.24%
1995 23.93%
1994 39.33%
1993 47.22%
1992 39.82%
1991 40.75%
1990 35%
Armenia Exports (% GDP) : Definition
Exports (% GDP) measures the value of goods and services sold abroad by Armenia compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $13.07B $8.37B 2024
Annual Imports $16.8B $12.02B 2024
FDI Inflows (% GDP) 0.54% 2.41% 2024
Imports (% GDP) 75.79% 60.26% 2024
Net Trade (Goods & Services, BoP) -$468.7M -$193.72M 2024
Tariff Rate 5.7% 4.81% 2021
Trade (% GDP) 152.14% 119.71% 2024