Armenia's international tourism, receipts for travel items (current US$) was US$293 million in 2020, the latest year in the World Bank's World Development Indicators. That is down 54.64% from US$646 million in 2010 (7.6% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$293 million | 2020 |
| Five years earlier | US$936 million | 2015 |
| Ten years earlier | US$646 million | 2010 |
| Highest | US$1.53 billion | 2019 |
| Lowest | US$1 million | 1995 |
| Average since 2011 | US$969.2 million | 2011–2020 |
| First recorded | US$1 million |
What the numbers say
In 2020, Armenia's international tourism, receipts for travel items (current US$) fell 80.8% on 2019 (from US$1.53 billion to US$293 million).
Across the 24 yearly changes before that (1996 to 2019), the average change was +71.1% and a typical year strayed about 221.3% from that (the standard deviation). This year's change was 0.7 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 1,100% in 1996 and the biggest yearly fall was 80.8% 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 5% 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 102nd highest value of the 158 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$293 million | 2020 |
| World | US$1.47 trillion | 2019 |
| Europe & Central Asia | US$562.89 billion | 2019 |
| Upper middle income | US$289.87 billion | 2019 |
Closest to Armenia in the 2020 ranking
- Nigeria — 99th of 158: US$313 million
- Azerbaijan — 100th of 158: US$304 million
- Guatemala — 101st of 158: US$297 million
- Curaçao — 103rd of 158: US$281 million
- North Macedonia — 104th of 158: US$252 million
- Belize — 105th of 158: US$247 million
What this measures
International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 26 values
| Year | International tourism, receipts for travel items (current US$) |
|---|---|
| 2020 | 293,000,000 |
| 2019 | 1,528,000,000 |
| 2018 | 1,329,000,000 |
| 2017 | 1,204,000,000 |
| 2016 | 1,017,000,000 |
| 2015 | 936,000,000 |
| 2014 | 966,000,000 |
| 2013 | 880,000,000 |
| 2012 | 817,000,000 |
| 2011 | 722,000,000 |
International tourism, receipts for travel items (current US$) in nearby economies
- Albania — US$1.13 billion (2020)
- Austria — US$13.88 billion (2020)
- Azerbaijan — US$304 million (2020)
- Belarus — US$355 million (2020)
- Belgium — US$6.6 billion (2020)
- Bosnia and Herzegovina — US$426 million (2020)
- Bulgaria — US$1.64 billion (2020)
- Croatia — US$5.57 billion (2020)
- Cyprus
More private sector & trade data for Armenia
- Merchandise trade (% of GDP) — 73.28% (2025)
- Merchandise imports (current US$) — 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$6.04 billion (2025)
Reading data like this
Questions people ask
- What is Armenia's international tourism, receipts for travel items (current US$)?
- US$293 million in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 29,200% from US$1 million in 1995 (25.51% a year on average, compounded). The highest value was US$1.53 billion in 2019 and the lowest US$1 million in 1995.
- How does Armenia rank?
- 102nd highest of 158 economies with data for 2020.
- Is the latest change in international tourism, receipts for travel items (current US$) unusual for Armenia?
- In 2020, Armenia's international tourism, receipts for travel items (current US$) fell 80.8% on 2019 (from US$1.53 billion to US$293 million). Across the 24 yearly changes before that (1996 to 2019), the average change was +71.1% and a typical year strayed about 221.3% from that (the standard deviation). This year's change was 0.7 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.TVLR.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.
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