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Trade as a share of GDP in Armenia

Armenia: Trade as a share of GDP was 101.7% in 2025. ▲ Rising

Latest (2025)
101.7%
Change on year
down 32.2%
World rank
63rd
of 191 countries
All-time high
150.1%
in 2024
All-time low
54.5%
in 2008
Years of data
36
1990–2025

Trade as a share of GDP in Armenia, 1990–2025

0501001501990200720251990: 81.3 % of GDP1991: 100.9 % of GDP1992: 101.1 % of GDP1993: 108 % of GDP1994: 112.4 % of GDP1995: 86.1 % of GDP1996: 79.2 % of GDP1997: 78.5 % of GDP1998: 71.8 % of GDP1999: 70.6 % of GDP2000: 72.2 % of GDP2001: 69.9 % of GDP2002: 74 % of GDP2003: 80.1 % of GDP2004: 73.1 % of GDP2005: 70.1 % of GDP2006: 61 % of GDP2007: 57 % of GDP2008: 54.5 % of GDP2009: 57.3 % of GDP2010: 64.6 % of GDP2011: 69.4 % of GDP2012: 76 % of GDP2013: 77.6 % of GDP2014: 75.8 % of GDP2015: 71.7 % of GDP2016: 76.1 % of GDP2017: 87.2 % of GDP2018: 92.5 % of GDP2019: 97.8 % of GDP2020: 70.1 % of GDP2021: 79.2 % of GDP2022: 103.9 % of GDP2023: 123.4 % of GDP2024: 150.1 % of GDP2025: 101.7 % of GDP

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

Armenia recorded 101.7% for trade as a share of gdp in 2025.

The figure is down 32.2% on the previous year and up 41.9% over ten years.

Over the whole period, trade as a share of gdp in Armenia peaked at 150.1% in 2024 and was at its lowest, 54.5%, in 2008.

That places Armenia 63rd out of 191 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently rising across the 36 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 89.0% 70.6% 112.4% 10
2000s 66.9% 54.5% 80.1% 10
2010s 78.9% 64.6% 97.8% 10
2020s 104.7% 70.1% 150.1% 6

Countries ranked near Armenia

  1. 60 Guinea 103.7% compare
  2. 61 Bulgaria 102.5% compare
  3. 62 Kiribati 102.1% compare
  4. 64 Tunisia 101.4% compare
  5. 65 Croatia 101.0% compare
  6. 66 Georgia 100.6% compare

See the full ranking of 191 places →

More economy & growth data for Armenia

All data for Armenia →

Frequently asked questions

What is trade as a share of gdp in Armenia?
Trade as a share of gdp in Armenia was 101.7% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest trade as a share of gdp recorded in Armenia?
The highest recorded value was 150.1% in 2024.
What is the lowest trade as a share of gdp recorded in Armenia?
The lowest recorded value was 54.5% in 2008.
How does Armenia rank for trade as a share of gdp?
Armenia ranks 63rd out of 191 countries with data for 2025.
Is trade as a share of gdp rising or falling in Armenia?
Over the last ten years it is up 41.9%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.

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About this data

Indicator
Trade as a share of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Trade in goods and services as a share of GDP, shown as a percentage.