Armenia's international tourism, expenditures for travel items (current US$) was US$307 million in 2020, the latest year in the World Bank's World Development Indicators. That is down 46.98% from US$579 million in 2010 (6.15% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$307 million | 2020 |
| Five years earlier | US$996 million | 2015 |
| Ten years earlier | US$579 million | 2010 |
| Highest | US$1.49 billion | 2019 |
| Lowest | US$3 million | 1995 |
| Average since 2011 | US$966.2 million | 2011–2020 |
| First recorded | US$3 million |
What the numbers say
In 2020, Armenia's international tourism, expenditures for travel items (current US$) fell 79.4% on 2019 (from US$1.49 billion to US$307 million).
Across the 24 yearly changes before that (1996 to 2019), the average change was +48.6% and a typical year strayed about 128.6% from that (the standard deviation). This year's change was 1.0 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 633.3% in 1996 and the biggest yearly fall was 79.4% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 there is no clear straight-line trend: a straight line explains 4% 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 2020, Armenia had the 83rd highest value of the 155 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 | US$307 million | 2020 |
| World | US$1.4 trillion | 2019 |
| Europe & Central Asia | US$513.62 billion | 2019 |
| Upper middle income | US$417.2 billion | 2019 |
Closest to Armenia in the 2020 ranking
What this measures
International tourism expenditures are expenditures of international outbound visitors in other countries. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 26 values
| Year | International tourism, expenditures for travel items (current US$) |
|---|---|
| 2020 | 307,000,000 |
| 2019 | 1,489,000,000 |
| 2018 | 1,282,000,000 |
| 2017 | 1,163,000,000 |
| 2016 | 981,000,000 |
| 2015 | 996,000,000 |
| 2014 | 1,024,000,000 |
| 2013 | 930,000,000 |
| 2012 | 803,000,000 |
| 2011 | 687,000,000 |
International tourism, expenditures for travel items (current US$) in nearby economies
- Albania — US$763 million (2020)
- Austria — US$4.9 billion (2020)
- Azerbaijan — US$412 million (2020)
- Belarus — US$445 million (2020)
- Belgium — US$13.04 billion (2020)
- Bosnia and Herzegovina — US$112 million (2020)
- Bulgaria — US$1.05 billion (2020)
- Croatia — US$775.69 million (2020)
- Cyprus
More private sector & trade data for Armenia
- Merchandise trade (% of GDP) — 73.28% (2025)
- Merchandise imports (current US$) — 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$6.04 billion (2025)
Reading data like this
Questions people ask
- What is Armenia's international tourism, expenditures for travel items (current US$)?
- US$307 million in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 10,133% from US$3 million in 1995 (20.34% a year on average, compounded). The highest value was US$1.49 billion in 2019 and the lowest US$3 million in 1995.
- How does Armenia rank?
- 83rd highest of 155 economies with data for 2020.
- Is the latest change in international tourism, expenditures for travel items (current US$) unusual for Armenia?
- In 2020, Armenia's international tourism, expenditures for travel items (current US$) fell 79.4% on 2019 (from US$1.49 billion to US$307 million). Across the 24 yearly changes before that (1996 to 2019), the average change was +48.6% and a typical year strayed about 128.6% from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator ST.INT.TVLX.CD, licensed CC BY 4.0. Original source: Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in