Armenia's fuel exports (% of merchandise exports) was 1.02% in 2025, the latest year in the World Bank's World Development Indicators. That is down 4.9 percentage points from 5.92% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.02% | 2025 |
| Five years earlier | 3% | 2020 |
| Ten years earlier | 5.92% | 2015 |
| Highest | 10.12% | 2000 |
| Lowest | 0.09% | 2009 |
| Average since 2016 | 2.3% | 2016–2025 |
| First recorded | 0.73% | 1997 |
What the numbers say
In 2025, Armenia's fuel exports (% of merchandise exports) rose 0.34 percentage points on 2024 (from 0.68% to 1.02%).
Across the 25 yearly changes before that (2000 to 2024), the average change was −0.3 percentage points and a typical year strayed about 1.79 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations above 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 4.81 percentage points in 2011 and the biggest yearly fall was 4.69 percentage points in 2002. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is downward, about 0.37 percentage points a year. A straight line explains 89% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about -1.06% for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 0.48%, against 1.04% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2025, Armenia had the 80th highest value of the 99 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.
| Value | Year | |
|---|---|---|
| Armenia | 1.02% | 2025 |
| World | 9.47% | 2025 |
| Europe & Central Asia | 6.34% | 2025 |
| Upper middle income | 5.17% | 2025 |
Closest to Armenia in the 2025 ranking
- China — 76th of 99: 1.36%
- Tanzania — 77th of 99: 1.3%
- Japan — 78th of 99: 1.18%
- Switzerland — 80th of 99: 0.97%
- Philippines — 81st of 99: 0.96%
- New Zealand — 82nd of 99: 0.94%
What this measures
Fuels comprise the commodities in SITC (Rev. 3) section 3 (mineral fuels, lubricants and related materials). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.
Limitations: Previous editions contained data based on the SITC revision 1. Data for earlier years in previous editions may differ because of the change in methodology. Concordance tables are available to convert data reported in one system to another.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 28 values
| Year | Fuel exports (% of merchandise exports) |
|---|---|
| 2025 | 1.02 |
| 2024 | 0.6795 |
| 2023 | 0.894 |
| 2022 | 1.9 |
| 2021 | 1.84 |
| 2020 | 3 |
| 2019 | 2.85 |
| 2018 | 3.73 |
| 2017 | 3.58 |
| 2016 | 3.49 |
| 2015 |
Fuel exports (% of merchandise exports) in nearby economies
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
Questions people ask
- What is Armenia's fuel exports (% of merchandise exports)?
- 1.02% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1997?
- It is up 0.29 percentage points from 0.73% in 1997. The highest value was 10.12% in 2000 and the lowest 0.09% in 2009.
- How does Armenia rank?
Source
World Bank, World Development Indicators, indicator TX.VAL.FUEL.ZS.UN, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Comtrade database, United Nations (UN), publisher: UN Statistics Division; World Integrated Trade Solution system (WITS), World Bank (WB) 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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