Armenia's travel services (% of commercial service exports) was 48.22% in 2025, the latest year in the World Bank's World Development Indicators. That is down 14.81 percentage points from 63.02% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 48.22% | 2025 |
| Five years earlier | 26% | 2020 |
| Ten years earlier | 63.02% | 2015 |
| Highest | 68.28% | 2009 |
| Lowest | 5.24% | 1995 |
| Average since 2016 | 52.3% | 2016–2025 |
| First recorded | 5.24% | 1995 |
What the numbers say
In 2025, Armenia's travel services (% of commercial service exports) rose 1.32 percentage points on 2024 (from 46.9% to 48.22%).
Across the 29 yearly changes before that (1996 to 2024), the average change was +1.44 percentage points and a typical year strayed about 10 percentage points from that (the standard deviation). This year's change was 0.0 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 21.42 percentage points in 2004 and the biggest yearly fall was 37.31 percentage points 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 2016 to 2025 there is no clear straight-line trend: a straight line explains 18% 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 2025, Armenia had the 48th highest value of the 134 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 | 48.22% | 2025 |
| World | 21.86% | 2025 |
| Europe & Central Asia | 17.39% | 2025 |
| Upper middle income | 27.01% | 2025 |
Closest to Armenia in the 2025 ranking
What this measures
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.
Limitations: Balance of payments statistics, the main source of information on international trade in services, have many weaknesses. Disaggregation of important components may be limited and varies considerably across countries. There are inconsistencies in the methods used to report items. And the recording of major flows as net items is common (for example, insurance transactions are often recorded as premiums less claims). These factors contribute to a downward bias in the value of the service trade reported in the balance of payments. Efforts are being made to improve the coverage, quality, and consistency of these data.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 31 values
| Year | Travel services (% of commercial service exports) |
|---|---|
| 2025 | 48.22 |
| 2024 | 46.9 |
| 2023 | 53.91 |
| 2022 | 54.92 |
| 2021 | 45.44 |
| 2020 | 26 |
| 2019 | 63.31 |
| 2018 | 61.59 |
| 2017 | 60.75 |
| 2016 | 61.97 |
| 2015 |
Travel services (% of commercial service exports) in nearby economies
- Albania — 68.09% (2025)
- Austria — 27.8% (2025)
- Azerbaijan — 23.17% (2025)
- Belarus — 4.14% (2021)
- Belgium — 6.46% (2025)
- Bosnia and Herzegovina — 53.18% (2025)
- Bulgaria — 26.23% (2025)
- Croatia — 66.02% (2025)
- Cyprus — 13.42% (2025)
- Czechia
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 travel services (% of commercial service exports)?
- 48.22% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 42.97 percentage points from 5.24% in 1995. The highest value was 68.28% in 2009 and the lowest 5.24% in 1995.
- How does Armenia rank?
- 48th highest of 134 economies with data for 2025.
- Is the latest change in travel services (% of commercial service exports) unusual for Armenia?
- In 2025, Armenia's travel services (% of commercial service exports) rose 1.32 percentage points on 2024 (from 46.9% to 48.22%). Across the 29 yearly changes before that (1996 to 2024), the average change was +1.44 percentage points and a typical year strayed about 10 percentage points from that (the standard deviation). This year's change was 0.0 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 TX.VAL.TRVL.ZS.WT, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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