Armenia: Trade (% of GDP)

Key figures

What the numbers say

In 2025, Armenia's trade (% of GDP) fell 48.36 percentage points on 2024 (from 150.06% to 101.71%).

Across the 30 yearly changes before that (1995 to 2024), the average change was +1.25 percentage points and a typical year strayed about 11.54 percentage points from that (the standard deviation). This year's change was 4.3 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 26.65 percentage points in 2024 and the biggest yearly fall was 48.36 percentage points in 2025. 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 upward, about 5.17 percentage points a year. A straight line explains 43% 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.

How it compares

In 2025, Armenia had the 44th highest value of the 137 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.

Closest to Armenia in the 2025 ranking

• Sweden — 40th of 137: 104.34%
• Guinea — 41st of 137: 103.68%
• Bulgaria — 42nd of 137: 102.51%
• Tunisia — 44th of 137: 101.45%
• Croatia — 45th of 137: 100.99%
• Georgia — 46th of 137: 100.63%

What this measures

Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 36 values

Trade (% of GDP) in nearby economies

• Albania — 79.53% (2025)
• Austria — 107.02% (2025)
• Azerbaijan — 79.83% (2025)
• Belarus — 112.11% (2025)
• Belgium — 152.92% (2025)
• Bosnia and Herzegovina — 95.12% (2025)
• Bulgaria — 102.51% (2025)
• Croatia — 100.99% (2025)
• Cyprus — 189.5% (2025)
• Czechia — 128.04% (2025)
• Denmark — 129.22% (2025)
• Estonia — 155.76% (2025)
• Faroe Islands

More economic policy & debt data for Armenia

• Adjusted savings, education expenditure (% of GNI) — 2.72% (2021)
• Adjusted savings, mineral depletion (current US$) — US$448.08 million (2021)
• General government final consumption expenditure (current US$) — US$2.98 billion (2025)
• General government final consumption expenditure (current LCU) — 1.15 trillion (2025)
• General government final consumption expenditure (% of GDP) — 10.19% (2025)
• Households and NPISHs final consumption expenditure (current US$) — US$20.79 billion (2025)
• Households and NPISHs final consumption expenditure (current LCU) — 8.05 trillion (2025)
• Households and NPISHs final consumption expenditure, linked series (current LCU)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Armenia's trade (% of GDP)?

101.71% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 20.37 percentage points from 81.34% in 1990. The highest value was 150.06% in 2024 and the lowest 54.54% in 2008.

How does Armenia rank?

44th highest of 137 economies with data for 2025.

Is the latest change in trade (% of GDP) unusual for Armenia?

In 2025, Armenia's trade (% of GDP) fell 48.36 percentage points on 2024 (from 150.06% to 101.71%). Across the 30 yearly changes before that (1995 to 2024), the average change was +1.25 percentage points and a typical year strayed about 11.54 percentage points from that (the standard deviation). This year's change was 4.3 standard deviations below that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator NE.TRD.GNFS.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, 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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